Achim Monica-Violeta

Babeș-Bolyai University | UBB · Department of Finance

Recent fraud scandals have raised concerns about the reliability of financial data disclosed in financial statements. The main purpose of this article is to investigate how financial data manipulation affects company failure risk. The research sample comprises 63 non-financial Romanian companies listed on the Bucharest Stock Exchange between 2015 a...

Corporate fraud has become increasingly common and sophisticated in today’s complex economic world, and a variety of strategies for perpetrating fraud have arisen. Financial fraud has various negative implications in the corporate sector since it reduces efficiency and undermines confidence and loyalty among all stakeholders. In this context, the a...

This study aims to highlight the connection between good governance and financial crime to achieve optimal sustainable development for society. Governance issues are integral to a sustainable economy, as sustainability cannot be considered without strong measures to combat financial crime. The theoretical foundation of this relationship posits that...

Purpose Companies avoid taxes in a variety of ways and use different methods to do that, one of the most common being earnings management. The purpose of this paper is to investigate whether companies manipulate their financial data in order to reduce taxes paid. Design/methodology/approach We considered a sample of 63 listed Romanian companies fo...

Purpose The aim of this study is to approach the way in which corporate governance influences the occurrence of financial fraud, as expressed by the M-Beneish score. In order to get further into the topic, we have first computed a corporate governance score based on the comply-explain statement and then selected a few elements that are part of the...

The depletion of energy resources stands out as one of humanity's major challenges. Therefore, understanding the determinant factors that could potentially affect the depletion rate of energy resources is emerging as one of the main research interests of academics in this field, and this study intends to contribute by filling this gap. This paper a...

The present study addresses the question, "How serious is bribery?" In order to arrive at an answer, it was necessary to compare the seriousness of bribery to that of other selected moral acts. World Values Survey data for the Philippines were used to compare bribery to 18 other moral issues. Respondents were asked to select a number from 1 to 10,...

This study explores the impact of intellectual capital on innovation using a cross-sectional sample of 132 countries: 50 high-income and 82 low-income countries, during the period 2015–2020. Our research provides empirical evidence of the significant impact of intellectual capital on innovation. Analysis of the entire sample revealed that higher le...

The purpose of this commentary is to highlight the main results of the work of Neifar and Aissa (2022), the strong points but also suggestions that should be considered for future research The work of Neifar and Aissa (2022) reveals that CEO duality and education have a positive influence on Islamic bank performance while the foreign CEOs are found...

The aim of our research is to check if public services’ digitalization has an influence on economic and financial crime. We split economic and financial crime into its main forms and measured them using relevant indicators. For public services’ digitalization we consider indicators regarding online services’ quality, telecommunication infrastructur...

Illegal logging has come to the attention of the public eye for several years. Violent conflicts resulting even into murdering the rangers that tried to protect the forests represent a serious alarm for the general population regarding the extent to which corruption can go. As one of the three pillars of economic and financial crimes, corruption re...

The main purpose of this study is to determine whether forensic accounting is an effective tool for preventing fraud. To conduct a comprehensive analysis, the research examines three aspects: the skills and attributes of a forensic accountant, the techniques used in forensic accounting, and the challenges and opportunities in the development of the...

With the scientific work, a contribution is made to the investigation of the perception of economic and financial crime in Germany and Romania. With a survey in 2022 in the respective country with 1742 answers from Germany and 1856 answers from Romania, a statistically relevant database could be created. Using the chi-square model and intensity sco...

Recently, the phenomenon of the informal economy has attracted the attention of policymakers and researchers alike in order to fight against its causes. This study has two main objectives. First, using bibliometric analysis, it comes up with a detailed literature review of the field of informal entrepreneurship in order to dimension its widespread...

Estimating the shadow economy is by no means a simple task. The hidden nature of the phenomenon makes it difficult to measure. In the literature, there are various methods used in estimating the shadow economy, each of which has its strengths and weaknesses. This paper aims to be a detailed literature review of the different types of methods existi...

Background: Fraud and corruption in connection with European funds allocated to the Member States of the European Union have always been a source of concern for those directly involved in this process. In view of the huge sums of money made available for the next period (EUR 1,824.3 billion), these concerns are taking on new dimensions. Objective:...

The present study addresses the question, "How serious is bribery?" In order to arrive at an answer, it was necessary to compare the seriousness of bribery to that of other selected acts. World Values Survey data for Greece were used to compare bribery to 18 other moral issues. Respondents were asked to select a number from 1 to 10, where 1 = never...

The present study addresses the question, "How serious is bribery?" In order to arrive at an answer, it was necessary to compare the seriousness of bribery to that of other selected acts. World Values Survey data for Poland were used to compare bribery to 12 other moral issues. Respondents were asked to select a number from 1 to 10, where 1 = never...

The present study addresses the question, "How serious is bribery?" In order to arrive at an answer, it was necessary to compare the seriousness of bribery to that of other selected acts. World Values Survey data for Romania were used to compare bribery to 18 other moral issues. Respondents were asked to select a number from 1 to 10, where 1 = neve...

The present study addresses the question, "How serious is tax evasion?" In order to arrive at an answer, it was necessary to compare the seriousness of tax evasion to that of other selected moral acts. World Values Survey data for the Philippines were used to compare tax evasion to 18 other moral issues. Respondents were asked to select a number fr...

The present study addresses the question, "How serious is tax evasion?" In order to arrive at an answer, it was necessary to compare the seriousness of tax evasion to that of other selected acts. World Values Survey data for Poland were used to compare tax evasion to 12 other moral issues. Respondents were asked to select a number from 1 to 10, whe...

The present study addresses the question, "How serious is tax evasion?" In order to arrive at an answer, it was necessary to compare the seriousness of tax evasion to that of other selected acts. World Values Survey data for Greece were used to compare tax evasion to 18 other moral issues. Respondents were asked to select a number from 1 to 10, whe...

This study aims to analyse the effects of corporate governance on the intellectual capital of companies. The sample is composed of 64 companies listed on the Bucharest Stock Exchange in the time span 2016-2021. The data were collected from companies' annual reports and from Thomson Reuters database. In this way, we investigated the relationship bet...

The present study addresses the question, "How serious is tax evasion?" In order to arrive at an answer, it was necessary to compare the seriousness of tax evasion to that of other selected acts. World Values Survey data for Romania were used to compare tax evasion to 18 other moral issues. Respondents were asked to select a number from 1 to 10, wh...

The present chapter examines the relation between shadow economy and economic development from a global perspective for 185 countries over the period 2005–2017. Increasing the economic development in many countries was accompanied by a decline of the level of shadow economy. In the same time, the shadow economy seems to have an impact on economic a...

This chapter targets the estimation of the impact of fiscal pressure upon tax frauds, through a linear and parametric approach on panel data as well. For this purpose, we use a sample consisting of 38 OECD countries for the period 2005–2020, which is divided into two subgroups of countries (old countries (old) and new ones (new)). Our results confi...

The present study is part of a much larger study on the ethics of tax evasion and bribery. Part of the larger study examines the way various religions view tax evasion. In the present study, World Values Survey data were used to determine whether atheists and agnostics in 78 countries held similar views on the ethics of tax evasion. The study found...

With poor quantitative academic research on the topic, this study aims at presenting an accurate picture of how corruption and logging are interconnected, at the international level, as well as in Romania. Researchers need to have a wide and updated view on this phenomenon when trying to find efficient solutions. For this, the most recent available...

Wood is one of the most important natural resources, used in construction and fencing, art (artworks and musical instruments), household uses (utensils and hand tools), wooden toys, furniture, shipbuilding, fuel, and stationary. Therefore, deforestation is an indispensable process to our society. However, deforestation does not have to mean smaller...

According to the latest PIF report on the protection of the financial interests of the European Union, in 2021 Romania reported to the European Commission fraud related to European projects worth 1.4 billion euros. The reported amount is quite impressive as it represents over 80% of the total amounts reported as being fraudulently obtained in 2021...

This chapter reviews the literature on some of the subfields of economic and financial crime. Among the topics discussed are tax evasion, bribery, money laundering, and corruption in general. The determinants of financial crime are also identified. Several demographic variables are also examined to determine whether gender, age, education, income l...

This chapter discusses the conclusions and recommendations resulting from the study. A series of infographs is included to summarize the results of the study using a format that makes it easy for the reader to understand.KeywordsFinancial crimeRomaniaSurvey resultsCorruptionTax complianceMoney laundering

This chapter discusses the methodology used in the study and how the data were gathered. A questionnaire was distributed to 1856 Romanians comprising a wide range of demographic variables, including gender, age, education level, professional status, and geographic region of the country.KeywordsSurveyRomaniaDemographic variablesTax complianceCorrupt...

This chapter provides a bibliometric analysis of financial crime, and includes visual maps to assist in the understanding of the issues involved. Bibliometrics deals with the collection, processing, and quantitative analysis of bibliographic data from scientific publications and, using statistical methods, assesses the academic quality of the publi...

This chapter introduces the reader to the structure and content of the book, which reports the results of a large study of attitudes of the Romanian people toward corruption and a variety of ethically questionable financial activities. Demographic variables such as gender, age, education level, and geographic region are examined to determine whethe...

This chapter discusses the hypotheses development that was used in the study. There were five sets of research hypotheses, referring to: tax compliance; attitude toward accepting cheating on taxes; how the perception of corruption might be related to certain demographic variables, such as gender, age, level of education, professional status, and ge...

This chapter discloses and discusses the results of the study. The first objective of the study consisted of finding the main patterns that characterize the Romanian community, related to the level of tax compliance, attitude of citizens toward accepting cheating on taxes, the perception of corruption level in the Romanian public institutions, the...

This paper performs a systematic literature review on the shadow economy and its determinants based on a bibliometric approach. Based on VosViewer and Web of Science, we identified various drivers of the shadow economy that we clustered into three categories: (1) economic factors, (2) political and institutional variables, and (3) social factors. I...

COVID-19 has been considered the most significant threat since World War II and the greatest global health disaster of the century. Wuhan City, Hubei Province, China, reported a new infection affecting residents in December 2019. The Coronavirus Disease 2019 (COVID-19) has been named by the World Health Organization (WHO). Across the globe, it is s...

Citation: Șcheau, M.C.; Achim, M.V.; Gȃbudeanu, L.; Vȃidean, V.L.; Vîlcea, A.L.; Apetri, L. Proposals of Processes and Organizational Preventive Measures against Malfunctioning of Drones and User Negligence. Drones 2023, 7, 64. https://doi. Abstract: Drones have been included in more and more activities in various domains, such as military, commerc...

The aim of this book is to determine the financial crime community pulse in Romania. For this purpose, a survey questionnaire was distributed to 1,856 respondents between May 27th - June 6th, 2022. The first objective of our book consists in finding the main patterns that characterize the Romanian community, related to the financial crime percepti...

This chapter introduces the reader to the structure and content of the book, which reports the results of a large study of attitudes of the Romanian people toward corruption and a variety of ethically questionable financial activities. Demographic variables such as gender, age, education level and geographic region are examined to determine whether...

This chapter discusses the hypotheses development that was used in the study. There were five sets of research hypotheses, referring to: tax compliance; attitude toward accepting cheating on taxes; how the perception of corruption might be related to certain demographic variables, such as gender, age, level of education, professional status, and ge...

This chapter discusses the methodology used in the study and how the data were gathered. A questionnaire was distributed to 1,856 Romanians comprising a wide range of demographic variables, including gender, age, education level, professional status and geographic region of the country. JEL classification: H26, D73, G18

This chapter discloses and discusses the results of the study. The first objective of the study consisted of finding the main patterns that characterize the Romanian community, related to the level of tax compliance, attitude of citizens towards accepting cheating on taxes, the perception of corruption level in the Romanian public institutions, the...

This chapter reviews the literature on some of the subfields of economic and financial crime. Among the topics discussed are tax evasion, bribery, money laundering and corruption in general. The determinants of financial crime are also identified. Several demographic variables are also examined to determine whether gender, age, education, income le...

This chapter discusses the conclusions and recommendations resulting from the study. A series of infographs is included to summaries the results of the study using a format that makes it easy for the reader to understand. JEL classification: H26, D73, G18

Dealing with expropriating investors’ money is a demanding issue in the corporate sector. This study aims to unveil the barriers to putting expropriations to halt, extract the structure underlying the relationships among barriers, and classify them. The study design entails a literature survey, primary data collection, modeling of the issue, and an...

The COVID-19 pandemic has brought many changes into people’s lives. Fear, job insecurity, changes in their financial stability, concerns about their future lives have changed the entire lives of people and have affected the cognitive well-being of individuals. The purpose of the present analysis is to measure how the COVID-19 pandemic, along with f...

The aim of this paper is to investigate the impact of the quality of corporate governance and the level of digital investments. For this purpose, a sample of 66 Romanian nonfinancial companies listed on the Bucharest Stock Exchange (BSE) for the 2016–2020 period is used. The findings validate a positive relationship between the quality of corporate...

The aim of this study was to determine the financial crime community pulse in Romania. For this purpose a survey questionnaire was distributed to 1,856 respondents between May 27th - June 6th 2022. The first objective of our study consists in finding the main patterns that characterize the Romanian community, related to the financial crime percept...

This study tests the asymmetric impact of the tax burden structures under the forms of direct, indirect, and social contributions, upon the shadow economy. For this purpose, a panel dataset analysis of the 27 European Union (EU) Member States is conducted over the 2005–2018 time period. Our study supports the existence of a U-shaped relationship be...

Several factors affect health project success. This research aims to examine the impact of critical success factors on health project success and show how the essential factors of success interact with knowledge creation to impact health project success. The self-administered questionnaire was distributed to collect data from 246 managers, supervis...

Workplace incivility has gotten a lot of attention in recent decades. Researchers have looked at many forms of aggressive conduct in the workplace and their negative impacts on individuals and businesses. The goal of this study was to see how incivility among supervisors leads to work withdrawal and when this link might be mitigated. We argued that...

Sustainable development has gained the attention of researchers worldwide and is becoming an important topic, especially in relation to corporate governance principles. This study investigates the influence of corporate governance on sustainable development in a sample of 185 countries over 2005–2020 using a panel linear regression model. Separate...

The book titled Business performances in the pandemic context. Part 2. Brief financial analysis on the Romanian small companies was designed as a guide for financial market players and prepared in such a way as to ensure a systematic treatment of financial statements published by companies listed on the Bucharest Stock Exchange. Our book can be see...

The book titled Business perfromances in the pandemic context. Part 1. Brief financial analysis on the Romanian big companies was designed as a guide for financial market players and prepared in such a way as to ensure a systematic treatment of financial statements published by companies listed on the Bucharest Stock Exchange. Our book can be seen...

Drones have been used in recent years more and more in various economic sectors (e.g., military, agriculture, retail, transport), but also for personal use and entertainment. The current legislative framework and cyber security standards do not fully address the identification of liable stakeholders in the drone ecosystem for cyber-incidents and th...

Cartea „Ghid pentru analiza-diagnostic a stării financiare” se dorește a reprezenta o lucrare de referință pentru economiștii din mediul de afaceri și cel academic, oferind garanţia dobândirii de competenţe actualizate în materie de analiză-diagnostic a stării financiare a unei entități economice. Am structurat lucrarea în două părți care cuprind...

The purpose of this study is to evaluate the result of the decisions addressed in preventing and combating money laundering by Romania, together with the other member states of the European Union, following the regulations changes in the field. Against the background of technological developments and new threats, regulators have developed rules and...

The purpose of our research is to investigate the influence of information and communication technology (ICT) on the physical health outcomes of nations. The covered countries are 185 (54 high-income and 131 low-income countries, also analysed on subsamples) and the period of the analysis is 2005–2018. We use parametric regression analysis of unbal...

The aim of this paper is to try to catch the influence of intellectual capital on innovation. In order to measure the intellectual capital, there were considered three components as being three indexes through we have measure the Intellectual Capital: Human Index Capital, Education Index and the National IQ and Innovation was measured through Innov...

Scopul principal al acestei lucrări constă în a oferi studenților și practicienilor în domeniu cunoștințe, dar mai ales abilități consistente privind utilizarea metodelor și tehnicilor analizei economico-financiare, pornind de la premisa că aceștia și-au însușit cunoștințele teoretice de specialitate privind analiza economico-financiară. În ceea c...

Our paper investigates the influence of democracy upon the spread of COVID-19. For the purpose of our study we use a sample consisting of 185 worldwide countries affected by the spread of the new coronavirus disease (54 high income and 131 low income countries). First, we find that in high income countries, higher levels of democracy reduce the spr...

Taxation plays an important role in investment decisions and on net profit. In this view, this paper examines the fiscal determinants of investments realized by non-financial corporations in European Union (EU) countries. More exactly, the influences of profit tax and other important taxes like consumption and labor tax on the rate of investment ar...

This study aims to reveal the connection between corruption and shadow economy, on one hand, and deforestation, on the other. The research considers 131 countries from all over the world, in the timeframe between the years 2012 and 2020, and it reveals that corruption and shadow economy positively influence deforestation. Determinants like democrat...

The purpose of this study is to evaluate the result of the decisions addressed in preventing and combating money laundering by Romania, together with the other member states of the European Union, following the regulations changes in the field. Against the background of technological developments and new threats, regulators have developed rules and...

Economic and financial crime is closely related to the changes and the development of societies. In this paper, we question whether the types of economic and financial crimes change as the society develops or not. For our purpose, we use the sample of 27 European Union member countries, for the 2005–2020 time period, which forms an unbalanced panel...

The COVID-19 pandemic has disrupted every facet of life globally. Business and commerce are key areas where the monetary crunch has been acutely felt. This study aims to analyze the various key changes in entities’ activities to evaluate the level of business performance in response to the COVID-19 pandemic. For this purpose, we use panel data anal...

The purpose of this chapter is to study the detailed dynamics of economic and financial crimes within the European Union member states, namely corruption, shadow economy, tax evasion, money laundering, cybercrime and financial frauds. Our econometric modelling focuses on the impact of the vector of financial and economic crime proxies upon economic...