Internal fraud in financial companies can have a devastating effect on the economy, once demonstrated in the Savings and Loan Crisis in the US, and the Savings Bank Scandal in Korea. Using path analysis methods, this study attempts to explore direct and indirect pathways among three respective dimensions of ethical culture, whistleblowing policy, and overall evaluation of anti-fraud strategies in two financial sectors in South Korea (i.e., commercial bank vs. small and medium sized depository institutions). The study finds that more vibrant and proactive managerial efforts, such as setting an ‘ethical tone at the top’ and implementing an effective ‘ethics training’ are necessary to develop a whistleblowing policy in an organization, which in return, positively affect the employees' perceived corporate anti-fraud strategies. This finding, in particular, can be beneficial for small and medium sized depository institutions, which require more cost-effective measures to have a competitive edge in financial markets.

一旦在美国的储蓄和贷款危机以及在韩国的储蓄银行丑闻中得到证明，金融公司的内部欺诈就可能对经济产生破坏性影响。本研究试图使用路径分析方法探索道德文化，举报政策以及韩国两个金融部门（例如，商业银行与中小型银行）反欺诈策略的三个维度之间的直接和间接路径。大型的托管机构）。该研究发现，在组织中制定举报政策时，必须采取更加充满活力和积极主动的管理工作，例如设置“最高道德准则”和实施有效的“道德培训”，而这反过来又对员工的工作产生积极影响。公司反欺诈策略。这个发现