{"id":421,"date":"2026-07-03T13:22:19","date_gmt":"2026-07-03T13:22:19","guid":{"rendered":"https:\/\/www.journals.utgjiu.ro\/JES\/?post_type=articol&#038;p=421"},"modified":"2026-07-03T13:22:19","modified_gmt":"2026-07-03T13:22:19","slug":"ethical-responsibility-as-preventive-mechanism-against-financial-fraud","status":"publish","type":"articol","link":"https:\/\/www.journals.utgjiu.ro\/JES\/articol\/ethical-responsibility-as-preventive-mechanism-against-financial-fraud\/","title":{"rendered":"ETHICAL RESPONSIBILITY AS PREVENTIVE MECHANISM AGAINST FINANCIAL FRAUD"},"content":{"rendered":"<p>Financial fraud continues to represent one of the most costly and destabilising forms of organisational misconduct,<br \/>\nbecause it simultaneously affects assets, the credibility of reporting, investor confidence and the proper functioning of markets.<br \/>\nAlthough classical literature explains the emergence of fraud through the combination of pressure, opportunity and rationalisation,<br \/>\nthis article argues that ethical responsibility must be understood as a central preventive mechanism, capable of intervening before<br \/>\ndamage materialises. From this perspective, ethics is not treated as a rhetorical ornament of governance, but as a normative<br \/>\ninfrastructure that influences the quality of decisions, internal culture, the willingness to report irregularities and the robustness of<br \/>\nprofessional control. The analysis starts from recent institutional reports and continues with the literature on fraud theory and<br \/>\ninvestigative accounting in order to demonstrate that major financial frauds usually arise where procedural weaknesses combine<br \/>\nwith moral ambiguity and with the organisation\u2019s inability to protect economic truth. Within this framework, the article argues that<br \/>\nethical responsibility acts preventively by limiting the rationalisation of fraud, by strengthening a climate of openness and<br \/>\nprofessional dissent, by increasing the quality of governance and by consolidating the role of financial professionals and auditors as<br \/>\nguardians of the public interest. The case study dedicated to Wirecard illustrates, in concrete terms, how ignored warnings,<br \/>\ninsufficient checks and ethical formalism can transform early signals into financial collapse. The central conclusion is that the<br \/>\nprevention of financial fraud begins before investigation and at a deeper level than compliance, namely in the organisation\u2019s<br \/>\ncapacity to transform integrity from declaration into verifiable practice and from symbolic value into an effective criterion of<br \/>\ndecision making.<\/p>\n","protected":false},"featured_media":0,"template":"","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}}},"class_list":["post-421","articol","type-articol","status-publish","hentry"],"_links":{"self":[{"href":"https:\/\/www.journals.utgjiu.ro\/JES\/wp-json\/wp\/v2\/articol\/421","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.journals.utgjiu.ro\/JES\/wp-json\/wp\/v2\/articol"}],"about":[{"href":"https:\/\/www.journals.utgjiu.ro\/JES\/wp-json\/wp\/v2\/types\/articol"}],"wp:attachment":[{"href":"https:\/\/www.journals.utgjiu.ro\/JES\/wp-json\/wp\/v2\/media?parent=421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}