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Ricardo is the CEO of a large publicly traded company and earns millions of dollars...

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Accounting

Ricardo is the CEO of a large publicly traded company and earns millions of dollars per year. However, he has recently been convicted of several crimes, including submitting falsified expense reports and using company assets for personal gain. Interestingly, the typical dollar amounts involved in each transaction were relatively small, generally less than a few hundred dollars.

Question

Using at least two theoretical frameworks, explain why someone like Ricardo might have committed these crimes. What motivators or pressures might have led him to engage in this behaviour, despite the potential consequences?

Be sure to address specific theoretical frameworks, and explain how they might apply to Ricardo's situation.

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