Corporate fraud: the essence, risks and impact on economic security of business
Skipin D.L.1, Bystrova A.N.1, Kutyreva E.V.1, Trufanova K.N.1
1 Тюменский государственный университет
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Journal paper
Russian Journal of Entrepreneurship *
Volume 18, Number 22 (November 2017)
* Этот журнал не выпускается в Первом экономическом издательстве
Abstract:
The article analyzes conditions conducive to ensuring economic stability of a business entity. Company’s success depends on addressing all possible threats, including corporate fraud. In connection with the situation in the world, the need to fight against corporate fraud is becoming an integral part of economic stability. But often only a part of economic crimes is solved, the rest of it remains unsolved. All this leads to the fact that the fraudulent actions have negative impact on companies and state and cause multiple losses. In order to ensure further successful work, business entities should implement different control systems to counter corporate fraud.
Keywords: risks, economic security, financial stability, economic subject, corporate fraud
JEL-classification: G34, O16, K22
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