Private police legitimacy: the case of internal investigations by fraud examiners
Published online on July 28, 2017
Abstract
Policing: An International Journal, Volume 40, Issue 3, Page 628-640, August 2017.
Purpose The purpose of this paper is to discuss the legitimacy of private policing of financial crime by fraud examiners. Design/methodology/approach The literature on fraud examiners is interpreted in the legitimacy context. Findings A number of critical issues based on the institutional theory and social psychology issues are discussed that question the legitimacy of private policing of financial crime. Research limitations/implications There is a need for regulation of the private fraud examination industry. Practical implications A number of legitimacy issues should be addressed by financial crime specialists. Social implications Victims of private investigations require regulation of the investigation industry. Originality/value Criteria for police legitimacy are applied to the private sector.
Purpose The purpose of this paper is to discuss the legitimacy of private policing of financial crime by fraud examiners. Design/methodology/approach The literature on fraud examiners is interpreted in the legitimacy context. Findings A number of critical issues based on the institutional theory and social psychology issues are discussed that question the legitimacy of private policing of financial crime. Research limitations/implications There is a need for regulation of the private fraud examination industry. Practical implications A number of legitimacy issues should be addressed by financial crime specialists. Social implications Victims of private investigations require regulation of the investigation industry. Originality/value Criteria for police legitimacy are applied to the private sector.