IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

The Risk And Fraud Factors In The Contemporary Financial Banking System

Listed author(s):
  • Octav NEGURIŢĂ
Registered author(s):

    The research conducted by the banking system financial audit revealed major financial scandals that rocked the business world and created a chain reaction, litigation and social convulsions, failed investments, plus tens of thousands of unemployed. Bad loans speculate principle disregarded by economists, namely, that although man is a rational being and should act as such in economic decisions, their behavior differs depending on the amounts at stake and the position that are. Financial stability or profitability is threatened by the economic conditions of the industry or operating entity. In this context, we can include negative recurrent cash flows, resulting from the inability to generate operating cash flows, while also reporting increases in earnings. Also, we can add the existence of excessive pressure on the leaders of banking companies from the requirements or expectations of third parties. All these factors can be classified according to three conditions of the fraud, such as: incentives / pressures, opportunities, attitudes/reasons. Some of these risk factors occur when there are distortions in the misappropriation of assets. Thus, bankers are scrambling to get as much, to as many, and the State was involved in this business in his way. Watching the similarity of the global market economy and the public square, the country, we can say that it is, always, a well organized group, only one crew member being in sight. Each investor seems to have a chance, because he participated willingly, notwithstanding the publicity and the border state. One thing is certain: for the big banks to collapse, they need some "help".

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL:
    Download Restriction: no

    Article provided by Spiru Haret University, Faculty of Financial Management and Accounting Craiova in its journal Journal of Applied Economic Sciences.

    Volume (Year): 7 (2012)
    Issue (Month): 2(20)/ Summer 2012 ()
    Pages: 157-163

    in new window

    Handle: RePEc:ush:jaessh:v:7:y:2012:i:2(20)_summer2012:p:157
    Contact details of provider: Web page:

    More information through EDIRC

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

    in new window

    1. Dragos ILIE, 2011. "New Frontiers In Credit Risk Analysis," Journal of Applied Economic Sciences, Spiru Haret University, Faculty of Financial Management and Accounting Craiova, vol. 6(1(15)/ Sp), pages 29-33.
    2. anonymous, 2003. "Payments studies research bibliography," Payment systems bibliography, Federal Reserve Bank of Chicago.
    3. Laura UNGUREANU & Viorel MATEI, 2008. "Advances In Decision Analysis. Efficient Methods In Finance," Journal of Applied Economic Sciences, Spiru Haret University, Faculty of Financial Management and Accounting Craiova, vol. 3(4(6)_Wint).
    Full references (including those not matched with items on IDEAS)

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:ush:jaessh:v:7:y:2012:i:2(20)_summer2012:p:157. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Laura Stefanescu)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.