Impact of fraud in Europe: Causes and effects

This research aims to explore the impact of fraud on society, in general, and in the European Union, in particular. Methodologically, this research is divided into two analyses. Firstly, a theoretical analysis based on a systematic literature review of fraud and its impact on society and the economy...

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Main Authors: Sofia Ramos, Jose A. Perez-Lopez, Rute Abreu, Sara Nunes
Format: Article
Language:English
Published: Elsevier 2024-11-01
Series:Heliyon
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Online Access:http://www.sciencedirect.com/science/article/pii/S240584402416080X
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author Sofia Ramos
Jose A. Perez-Lopez
Rute Abreu
Sara Nunes
author_facet Sofia Ramos
Jose A. Perez-Lopez
Rute Abreu
Sara Nunes
author_sort Sofia Ramos
collection DOAJ
description This research aims to explore the impact of fraud on society, in general, and in the European Union, in particular. Methodologically, this research is divided into two analyses. Firstly, a theoretical analysis based on a systematic literature review of fraud and its impact on society and the economy. Subsequently, an empirical analysis using a structural equation model to estimate its causes and effects, with a sample of key performance indicators (KPI) from 27 European Union countries between 2012 and 2020. The results present relevant KPI that are identified as causing fraud and provide sustainable evidence about their effects, which impact on the society. This research contributes, on the one hand, to identifying the causes of fraud so they must be avoided through measures and contribute to a paradigm shift. On the other hand, the literature review provides evidence of causes and effects of fraud, through several reasons why fraud is committed, identifying the effects that arise from fraud and the impact it causes on society, the economy, and the well-being of the citizen. These findings guide managers and researchers in approaching measures and public policies to mitigate fraud and improve citizen safety and well-being.
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spelling doaj-art-ce87be420d1a41ef926d8c89bf8f5c2e2024-11-30T07:11:46ZengElsevierHeliyon2405-84402024-11-011022e40049Impact of fraud in Europe: Causes and effectsSofia Ramos0Jose A. Perez-Lopez1Rute Abreu2Sara Nunes3Faculty of Tourism and Finance, University of Seville, Seville, Spain; Corresponding author.Faculty of Tourism and Finance, University of Seville, Seville, SpainInstituto Politécnico da Guarda, Guarda, Portugal; CICF-IPCA, Barcelos, Portugal; CISed-IPG, Viseu, Portugal; CITUR, Guarda, PortugalInstituto Politécnico de Castelo Branco, PortugalThis research aims to explore the impact of fraud on society, in general, and in the European Union, in particular. Methodologically, this research is divided into two analyses. Firstly, a theoretical analysis based on a systematic literature review of fraud and its impact on society and the economy. Subsequently, an empirical analysis using a structural equation model to estimate its causes and effects, with a sample of key performance indicators (KPI) from 27 European Union countries between 2012 and 2020. The results present relevant KPI that are identified as causing fraud and provide sustainable evidence about their effects, which impact on the society. This research contributes, on the one hand, to identifying the causes of fraud so they must be avoided through measures and contribute to a paradigm shift. On the other hand, the literature review provides evidence of causes and effects of fraud, through several reasons why fraud is committed, identifying the effects that arise from fraud and the impact it causes on society, the economy, and the well-being of the citizen. These findings guide managers and researchers in approaching measures and public policies to mitigate fraud and improve citizen safety and well-being.http://www.sciencedirect.com/science/article/pii/S240584402416080XM4M42
spellingShingle Sofia Ramos
Jose A. Perez-Lopez
Rute Abreu
Sara Nunes
Impact of fraud in Europe: Causes and effects
Heliyon
M4
M42
title Impact of fraud in Europe: Causes and effects
title_full Impact of fraud in Europe: Causes and effects
title_fullStr Impact of fraud in Europe: Causes and effects
title_full_unstemmed Impact of fraud in Europe: Causes and effects
title_short Impact of fraud in Europe: Causes and effects
title_sort impact of fraud in europe causes and effects
topic M4
M42
url http://www.sciencedirect.com/science/article/pii/S240584402416080X
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