2005-03-01

Accounting Fraud at Live Entertainment Canada, Incorporated, 1993–98

This article examines the accounting fraud that took place at Live Entertainment Canada, Incorporated (Livent), between its founding in 1993 and its bankruptcy in 1998.
It proposes that this fraud took place because of a breakdown in management control and the difficulty of adequately evaluating the operational performance of a commercial theatre company. Fundamentally, Livent was run in a way that was incompatible with the needs of both the commercial markets and the arts market.

More: http://www.hec.ca/ijam/722.htm

An article by Anthony Vickery, in: International Journal of Arts Management (Winter 2005)
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