Internal Control and Fraud in the Smaller Building Society

Abstract

Building societies developed in the second half of the 18th century when country people came flooding into the towns and cities to provide the workforce for the new factories. Faced with a lack of suitable housing in industrial centres, more enterprising and prosperous workers clubbed together to build their own homes. The first building society was established in Birmingham in 1775.

Citation

Vinten, G. and Greening, M. (2001), "Internal Control and Fraud in the Smaller Building Society", Journal of Financial Crime, Vol. 8 No. 3, pp. 201-205. https://doi.org/10.1108/eb025985