scholarly journals Analysis and Countermeasures of Financial Fraud of Listed Companies—Taking Greencool Incident as an Example

2020 ◽  
Vol 5 (4) ◽  
pp. 286
Author(s):  
Shumin Ge

<p>The sustainable development of China’s economy stimulates the continuous increase in the number of listed companies, and the competition among them is also intensifying. Financial fraud is used to cover up the real operation of the company, which has a serious impact on the order of economic development. So, it is necessary to analyze the causes of financial fraud of listed companies, and we need to deal with the behavior from the root. Therefore, this article selects one of the typical cases in this field, Greencool incident, and combines with the fraud triangle theory to explore the essential causes of financial fraud, and puts forward relevant governance countermeasures, so as to reduce the occurrence of financial fraud.</p>

2021 ◽  
Vol 13 (24) ◽  
pp. 13773
Author(s):  
Min Zhao ◽  
Rong Liu ◽  
Debao Dai

Developing rapidly over the long term makes it easy for a developing country to fall into the middle-income trap, which can only be solved by a new technological revolution. The deep integration of digital technology and industry has gradually become a new impetus to promote the sustainable development of China’s economy. Based on the panel data of 30 provinces and cities from 2010 to 2019, this paper analyzes the coupling coordination relationship between digital transformation level and economic development in China by the entropy method, coupling coordination degree model and spatial autocorrelation model. The results show that the following: (1) from 2010 to 2019, the comprehensive index of China’s digital transformation and economic growth level showed an upward trend, and the development level showed a gradual decline in eastern–middle–western regions; (2) the level of coupling and coordination between China’s digital transformation and economic growth has been increasing each year. Except Guangdong Province, all provinces have shown digital lag coordinated development, and it is necessary to strengthen their economic sustainability; (3) the coupling and coordination degree of digital transformation and economic growth in China shows a remarkable spatial correlation and agglomeration. High–high agglomeration areas are mainly concentrated in the Beijing–Tianjin–Hebei and Yangtze River Delta regions, low–low agglomeration areas are concentrated in northeast and western regions, and low–high agglomeration areas and high–low agglomeration areas are concentrated in southeast provinces. It is suggested that China should strengthen its regional balance in the future, let digital technology continue to lead the development of eastern developed regions, and transform and promote the traditional economy in other regions, overtaking in corners and enhancing the sustainable development of the overall layout of China’s economy.


2021 ◽  
Vol 1 (11) ◽  
pp. 37-46
Author(s):  
Rita I. Batyaeva ◽  
◽  
Tat’yana G. Shelkunova ◽  
Irina Yu. Khetagurova ◽  
Tamara G. Khetagurova ◽  
...  

The article provides an overview of the effects of the resonant impact of clusters on the ability of mountain areas to adapt to the modern realities of the technological level, as well as the ability to apply innovations, attract investment in the agro-industrial and tourist cluster. A panel of indicators is presented that provides correct comparability of achievements and reflects information for aggregation by various parameters of the economic and geographical indicators of the region: the national environmental rating of the subjects of the North Caucasus Federal District; indicators of sustainable development of the Russian Federation and the North Caucasus Federal District; investment risk of the republics of the North Caucasus Federal District; the main economic and social indicators of the RSO-Alania. It is established that the geoinformation study of the use of a multicomponent indicator of the state of mountain territories is the basis for determining the vector of their further socio-economic development and justifying appropriate management decisions to stabilize economic development. The peculiarity of the approach is the selection of criteria that will be used in the development of mechanisms for the sustainable development of mountain territories according to the target indicators, in accordance with the UN resolution "Transforming our world in the field of sustainable develop-ment for the period up to 2030".


Author(s):  
Durokifa Anuoluwapo ◽  
Dominique Uwizeyimana

There is no gainsaying the fact that one of the objectives of the Sustainable Development Goals is to end poverty in all its form by 2030. However, the continuous increase in poverty level has generated a lot of debates among policymakers and scholars while government keeps formulating policies to avert the situation. Thus, with SDGs in view, the study took into cognizance the MDGs before it and what hindered it from the full actualisation of its goal, specifically MD Goal 1a “eradicate extreme poverty”. Using quantitative data, the study examined the implementation of MDGs and pinpointed the factors that affected the implementation of the MDG poverty reduction strategy. These factors include corruption, lack of awareness, politics of poverty, non-poor targeted, etc. On this basis, the paper suggests that, if Ogun State will achieve SDG1 by 2030, factors such as good leadership, identification of the poor, awareness and infrastructural opportunities will need to be addressed.


2021 ◽  
Vol 74 (2) ◽  
pp. 30-40
Author(s):  
S.A. Abenov ◽  

This article examines the socio-economic development of monotowns in Kazakhstan on the example of Zhezkazgan city. The authors analyzed the satisfaction of citizens with the living conditions in monotowns, as well as identified the problems of sustainable development and prospects for socio-economic transformation of this region. The results of the study showed that the main problem of a monotown is its dependence on the city-forming enterprise. At the same time, respondents expressed a high desire to migrate to other regions (78% of respondents).


2019 ◽  
Vol 8 (5) ◽  
pp. 210 ◽  
Author(s):  
Anetta Barska ◽  
Janina Jędrzejczak-Gas

The aim of the article is to present the regional differentiation of indicators characterizing the economic development of Polish regions in the context of the progress made in the implementation of the concept of sustainable development in 2010 and 2017. The authors focused primarily on determining the position of Lubuskie Province on the economic map of Poland. The article proposes a set of indicators monitoring one of the areas of sustainable development - economic development, which also take into account other areas of sustainable development, i.e. social development, environmental development, and institutional-political development. The main criterion for the selection of indicators were substantive premises and their completeness and accessibility across the regions. The analysis and evaluation of the proposed indicators (explanatory variables) were conducted within five thematic areas which mark the economic development of the regions and which are important from the standpoint of the sustainable development concept: 1) Potential of the economy 2) Innovativeness of the economy 3) Economic activity of enterprises, 4) Production and transportation, 5) Economic activity of households. The article consists of two sections. In the first section, based on literature review, the most important issues regarding the concept of sustainable development and the state of scientific research on the indicators of sustainable development at regional level are presented. The second section addresses the concept of indicator analysis on the basis of which an assessment of economic development of 16 Polish regions was carried out and the position of Lubuskie Province was determined against the backdrop of the other regions. The findings prompted an answer to the question concerning the economic development of Polish regions, and in particular of Lubuskie Province, in the context of the concept of sustainable development.Keywords: indicator analysis, region, sustainable development, economic development, Poland


Author(s):  
Н. Mashika

In the article, it has been examined the peculiarities of the transition of the towns of the Carpathian region to sustainable development. It has been established that today the global level has a significant impact on the socio-economic situation of Ukraine and the Carpathian region in particular. It has also been found out that according to the Constitution of Ukraine, our state is defined as “social”, which imposes certain obligations on it regarding strategic priorities of socio-economic development. However, sustainable development, which has three components, such as social, economic and ecological, is becoming of great relevance. It has been proved that social, economic and ecological components are the basis of economic potential both of the Carpathian region as the whole and of the towns that are part of the regions of this area. The main definitions of strategic management of sustainable development have been analysed. The features of strategic and operational management of sustainable development have been emphasized, and the main principles of strategic management of sustainable development have been described. This article describes the ratio of goals and means of economic development in the long-term run, which has been determined by the President of Ukraine. The analysis of indicators of the sustainable development of the Carpathian region has been carried out. The regulatory legal documents of the strategic management of the sustainable development of Ukraine and its regions have been clarified, and problems of the strategic management of sustainable development have been identified. It has been revealed that among the strategic regulatory legal acts the highest priority in terms of the sustainable development, in particular of the Carpathian region, belongs to the Strategy of the Sustainable Development “Ukraine-2020”, which was approved by the Decree of the President of Ukraine No. 5/2015 dated January 12, 2015. The purpose of the Strategy is to introduce European standards of living in Ukraine, and the emergence of Ukraine into leading positions in the world. For this purpose, the movement forward will be conducted according to the following vectors. The first one is the vector of development, which means the provision of the sustainable development of the state, the implementation of structural reforms and, consequently, the improvement of standards of living. Ukraine should become the kind of state with a strong economy and advanced innovations. The next vector is the vector of security, which means providing security guarantees for the state, business and citizens, and protecting investments and private property. The vector of responsibility is to ensure guarantees that every citizen, regardless their race, skin colour, political, religious or other beliefs, gender, ethnic or social origin, property status, place of living, language or other characteristics, should have access to high-quality education, the system of health care and other services in the public and private sectors. The last one is the vector of pride, which is to ensure mutual respect and tolerance in society, the pride of its own state, its history, culture, science, and sport.


Author(s):  
Gaunette M. Sinclair-Maragh

This chapter explores the role of ecotourism in the sustainable development of protected areas. It specifically examines the aims of ecotourism in simultaneously contributing to economic development and environmental sustainability in protected areas. The chapter further analyzes protected areas within the ecological, human, and institutional dimensions, and demonstrates how the outcomes of ecotourism are linked to the economic, social, and environmental pillars that drive sustainable development. The chapter also discusses challenges surrounding the sustainability of ecotourism in protected areas and several mitigation strategies. It concludes that while ecotourism aims for economic development it can have detrimental effects on the ecological resources and host communities if not managed in a strategic sustainable way. The chapter recommends that ecotourism in protected areas should be carried out within the realm of environmental justice where all stakeholders and the natural environment are treated with respect and equity.


2019 ◽  
Vol 34 (6) ◽  
pp. 510-524 ◽  
Author(s):  
Jacob D Rendtorff

This paper analyses the Sustainable Development Goals of the United Nations in the 2030 ‘Transforming the World’ Agenda, from 2015, as a contribution to business ethics and ethical economy. The Sustainable Development Goals combine political aims with visions of economic development and social justice and are therefore important for business ethics and corporate social responsibility. Thus, the Sustainable Development Goals constitute a driver for ethical economic development and social change. However, there is a need for critical analysis of the possibilities of Sustainable Development Goals of functioning as a vision and a strategic tool for management and governance. The aim of the paper is to investigate these possibilities of the Sustainable Development Goals of contributing to business ethics and ethical economy with mobilization of business, public institutions and organizations, and non-governmental organizations. After presenting the Sustainable Development Goals, the paper critically discusses their scope and potential for corporate social responsibility, business ethics and corporate sustainability. This involves the problem of how the Sustainable Development Goals can contribute to a transformation towards another economy. As a contribution to business ethics, the paper elaborates on partnerships for Sustainable Development Goals, sustainable performance management systems and the Sustainable Development Goal Compass with the aim of interpreting Sustainable Development Goals as a basis for progressive business ethics models.


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