Analyzing the barriers to putting corporate financial expropriations to a halt: A structural modeling of the phenomenon

Dealing with expropriating investors’ money is a demanding issue in the corporate sector. This study aims to unveil barriers putting expropriations halt, extract structure underlying relationships among barriers, and classify them. The design entails literature survey, primary data collection, modeling of issue, analysis. uses Interpretive Structural Modeling (ISM) Matriced Impacts Cruise’s Multiplication Appliquée UN Classement (MICMAC) address this issue. non-probability-based purposive sampling technique. were collected from panel experts consisting 12 chief financial officers recruited companies listed on Pakistan Stock Exchange, Pakistan, July September 2022. We find that “complicated legal system” most critical barrier followed by such as “flawed hiring” “lack media attention.” In addition, least are “loopholes laws,” “ineffective law enforcement,” “politicized accountability,” international coordination.” It an original valuable based real-time respondents having hands-on helm companies’ affairs. seminal practical for policymakers other stakeholders understand halting scandals explain expropriations.