- 03 Apr, 2021
- 0 Comments
- 40 Secs Read
(Writer’s choice
This research aims to study the effect of identifying cognitive dissonance signs for the CEOs on auditor’s ability to detect fraud. Cognitive dissonance is a psychology theory that developed by Leon Festinger in 1957. According to this theory, a person who behaves in a way that does not match with what he believes will experience uncomfortable inconsistency. This unsettling feeling motivates us to attempt to reduce the inconsistency by changing our beliefs or attitudes.
CEOs who committed fraud will experience inconsistency, and in order to get rid of this dissonance, they would rationalize and justify what they did to themselves. Rationalization and justification will cause a change in people who committed fraud beliefs and attitudes. This research predicts that changes in CEOs behavior, attitude, or beliefs can be identified if we compare their speech