Year: 2026
Type: article
Abstract: Financial fraud represents a significant threat to the financial integrity, performance, and reputation of commercial companies, with adverse effects on investor confidence and long-term sustainability. This study examines the main types of financial fraud encountered in the corporate environment, the key risk factors that facilitate their occurrence, and the most effective prevention and mitigation strategies. Using a qualitative analytical approach, the research synthesizes insights from existing literature and institutional reports to identify structural and organizational vulnerabilities associated with fraudulent behavior. The findings emphasize that preventive measures are more effective than reactive responses, highlighting the critical role of robust internal control systems, regular auditing, employee training, and the adoption of modern fraud detection technologies. Reducing the incidence of financial fraud can contribute not only to enhanced corporate governance but also to increased public budget revenues, which may support broader economic and social development objectives.
Authors: Alina Melania Ionita, Mircea-Iosif Rus
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: diamond
OpenAlex ID: W7128938258
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