Type of Submission
Refereed Article
Abstract
Risk factors leading to fraud is an important issue for restaurant operators. This paper identifies and evaluates the financial and non-financial characteristics of different restaurant segments through the lens of the fraud triangle. Using probit modeling and time series data from 2004 to 2014, it investigates different factors that significantly impact the increased risk of fraud in four types of restaurant segments—quick service, fast casual, casual dining, and fine dining. As such the findings of this study provide a better understanding of internal and external risk factors leading to increased fraud in the restaurant industry.
DOI
https://doi.org/10.7275/rc39-6d55
Recommended Citation
Yost, Elizabeth A.
(2022)
"Conditions for Increased Fraud Risk: A Case Study by Restaurant Segment,"
Journal of Hospitality Financial Management: Vol. 30:
Iss.
1, Article 16.
DOI: https://doi.org/10.7275/rc39-6d55
Available at:
https://scholarworks.umass.edu/jhfm/vol30/iss1/16
Included in
Corporate Finance Commons, Finance and Financial Management Commons, Food and Beverage Management Commons, Gaming and Casino Operations Management Commons, Real Estate Commons, Tourism and Travel Commons