THE IMPACT OF FINANCIAL FRAUD ON THE ECONOMIC SECURITY OF CONSTRUCTION ENTERPRISES
Keywords:financial fraud, business owners, economic security of enterprises, construction enterprises
The article is devoted to the results of a survey of owners of construction companies on the impact of financial fraud on the economic security of such companies.
The purpose of the article is to establish the impact of financial fraud on the economic security of construction companies based on a survey of owners of such companies.
In the process of preparing the article, the following methods were used: the method of questionnaires to obtain; graphical method - to display the results of the survey; methods of analysis and synthesis; method of generalization of research results.
The results showed that the majority of respondents are owners of limited liability companies, for which the issues of financial fraud are quite relevant and important. The main way to detect financial fraud in the surveyed companies is an internal audit, which allows you to leave all issues closed from information leakage. Most cases of financial fraud are among hired top managers and middle managers. Cases of financial fraud are most often reported by employees, as well as buyers, sellers and competitors. It has also been found that in most cases, whistleblowers report cases of financial fraud directly to business owners rather than management.
Mihus, I.P. & Andrienko, V.M. (2014). The structure and basic elements of the system of economic security in the management of occupational safety at construction enterprises. BUSINESS INFORM. №10. pp. 213 - 219.
Bіelіenkova, O. (2020). FACTOR ANALYSIS OF PROFITABILITY (LOSSES) CONSTRUCTION ENTERPRISES IN 1999-2019. Economics, Finance and Management Review, (1), 4-16. https://doi.org/10.36690/2674-5208-2020-1-4
Mihus, I. & Dmitrenko V. THE ROLE OF CORPORATE GOVERNANCE IN ENSURING ECONOMIC SECURITY OF ENTERPRISES IN THE CONSTRUCTION INDUSTRY. Corporate management: from creation to success. DOI: https://doi.org/10.36690/CMCS-6
Stetsenko, S., Bolila, N., Sorokina, L., Tsyfra, T., & Molodid, O. (2020). MONITORING MECHANISM OF RESILIENCE OF THE ANTI-CRISIS POTENTIAL SYSTEM OF THE CONSTRUCTION ENTERPRISE IN THE LONG-TERM PERIOD. Economics, Finance and Management Review, (3), 29-40. https://doi.org/10.36690/2674-5208-2020-3-29
Dmitrenko, V. (2020). INFORMATION SUPPORT OPTIMIZATION OF THE AUDIT OF THE ECONOMIC SECURITY SYSTEM IN CONSTRUCTION INDUSTRY ENTERPRISES. Economics, Finance and Management Review, (3), 65-71. https://doi.org/10.36690/2674-5208-2020-3-65.