Fraud on Non-financial reporting

Sustainable development refers to that development that satisfies current needs, without jeopardizing the ability of future generations to meet their needs. In this study, we set out to track the types of non-financial reporting fraud and their impact on users. The need for non-financial reporting a...

Full description

Saved in:
Bibliographic Details
Main Authors: Ruben Pop, Monica Violeta Achim
Format: Article
Language:English
Published: Institutul de Studii Financiare 2025-05-01
Series:Revista de Studii Financiare
Subjects:
Online Access:https://revista.isfin.ro/wp-content/uploads/2025/01/9.-Pop-Ruben-et.pdf
Tags: Add Tag
No Tags, Be the first to tag this record!
_version_ 1849409394910953472
author Ruben Pop
Monica Violeta Achim
author_facet Ruben Pop
Monica Violeta Achim
author_sort Ruben Pop
collection DOAJ
description Sustainable development refers to that development that satisfies current needs, without jeopardizing the ability of future generations to meet their needs. In this study, we set out to track the types of non-financial reporting fraud and their impact on users. The need for non-financial reporting arose precisely from the desire of stakeholders to trust in the smooth running of the company. The need for non-financial reporting arose precisely from the desire of stakeholders to trust in the smooth running of the company. The paper aims to achieve two main objectives: to follow the evolution of publications on ESG, for this, we will use the Web of Science and determine the greenwashing practices and factors that may lead to this behaviour. As a methodology, we used the VOSviewer application to perform a bibliometric analysis of the scientific studies taken from the Web of Science, 5,277 papers were taken over for the ESG term and 972 papers for the Greenwashing term, we have analysed studies from the beginning of sustainability publications to the present day. As a result, we identify from the literature three types of fraud: the first type of ecological washing is the manipulation of decline to stimulate the value of the company. The second type of eco-washing is selective closure to mislead investors. The third type of simple eco-washing focuses on greenwashing at the product level. Among the factors that can lead to greenwashing behaviour, we mention: the level of competition, pressure from rating agencies, pressure from banking companies and others. This research is important to consumers, organizations, governments and, last but not least, the environment. Consumers have the right to be properly informed about the impact of the products and services they purchase, and companies must be accountable and transparent in their communication. Governments can use this research to develop effective policies and regulations to protect the environment and consumers.
format Article
id doaj-art-669b6a6db4d44577b160dadc294c99ee
institution Kabale University
issn 2537-3714
2559-1347
language English
publishDate 2025-05-01
publisher Institutul de Studii Financiare
record_format Article
series Revista de Studii Financiare
spelling doaj-art-669b6a6db4d44577b160dadc294c99ee2025-08-20T03:35:32ZengInstitutul de Studii FinanciareRevista de Studii Financiare2537-37142559-13472025-05-01101816419410.55654/JFS.2025.10.18.09Fraud on Non-financial reportingRuben Pop0Monica Violeta Achim1Babes-Bolyai University, Cluj-Napoca, RomaniaBabes-Bolyai University, Cluj-Napoca, RomaniaSustainable development refers to that development that satisfies current needs, without jeopardizing the ability of future generations to meet their needs. In this study, we set out to track the types of non-financial reporting fraud and their impact on users. The need for non-financial reporting arose precisely from the desire of stakeholders to trust in the smooth running of the company. The need for non-financial reporting arose precisely from the desire of stakeholders to trust in the smooth running of the company. The paper aims to achieve two main objectives: to follow the evolution of publications on ESG, for this, we will use the Web of Science and determine the greenwashing practices and factors that may lead to this behaviour. As a methodology, we used the VOSviewer application to perform a bibliometric analysis of the scientific studies taken from the Web of Science, 5,277 papers were taken over for the ESG term and 972 papers for the Greenwashing term, we have analysed studies from the beginning of sustainability publications to the present day. As a result, we identify from the literature three types of fraud: the first type of ecological washing is the manipulation of decline to stimulate the value of the company. The second type of eco-washing is selective closure to mislead investors. The third type of simple eco-washing focuses on greenwashing at the product level. Among the factors that can lead to greenwashing behaviour, we mention: the level of competition, pressure from rating agencies, pressure from banking companies and others. This research is important to consumers, organizations, governments and, last but not least, the environment. Consumers have the right to be properly informed about the impact of the products and services they purchase, and companies must be accountable and transparent in their communication. Governments can use this research to develop effective policies and regulations to protect the environment and consumers.https://revista.isfin.ro/wp-content/uploads/2025/01/9.-Pop-Ruben-et.pdffinancing constraintgreen innovationcorporate social responsibilitygovernance performance
spellingShingle Ruben Pop
Monica Violeta Achim
Fraud on Non-financial reporting
Revista de Studii Financiare
financing constraint
green innovation
corporate social responsibility
governance performance
title Fraud on Non-financial reporting
title_full Fraud on Non-financial reporting
title_fullStr Fraud on Non-financial reporting
title_full_unstemmed Fraud on Non-financial reporting
title_short Fraud on Non-financial reporting
title_sort fraud on non financial reporting
topic financing constraint
green innovation
corporate social responsibility
governance performance
url https://revista.isfin.ro/wp-content/uploads/2025/01/9.-Pop-Ruben-et.pdf
work_keys_str_mv AT rubenpop fraudonnonfinancialreporting
AT monicavioletaachim fraudonnonfinancialreporting