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This book deals with the widespread economic and financial crime issues of corruption, the shadow economy and money laundering. It investigates both the theoretical and practical aspects of these crimes, identifying their effects on economic, social and political life. This book presents these causes and effects with a state of the art review and with recent empirical research. It compares the international and transnational aspects of these economic and financial crimes through discussion and critical analysis. This volume will be of interest to researchers and policy makers working to study and prevent economic and financial crime, white collar crime, and organized crime.

This book deals with the widespread economic and financial crime issues of corruption, the shadow economy and money laundering. It investigates both the theoretical and practical aspects of these crimes, identifying their effects on economic, social and political life. This book presents these causes and effects with a state of the art review and with recent empirical research. It compares the international and transnational aspects of these economic and financial crimes through discussion and critical analysis. This volume will be of interest to researchers and policy makers working to study and prevent economic and financial crime, white collar crime, and organized crime.

This chapter discusses the hypotheses development that was used in the study. There were five sets of research hypotheses, referring to: tax compliance; attitude toward accepting cheating on taxes; how the perception of corruption might be related to certain demographic variables, such as gender, age, level of education, professional status, and geographic region; how skills detect the risk of money laundering, taking certain demographic variables into account; and responding to information requests from bank officers.

This chapter discloses and discusses the results of the study. The first objective of the study consisted of finding the main patterns that characterize the Romanian community, related to the level of tax compliance, attitude of citizens towards accepting cheating on taxes, the perception of corruption level in the Romanian public institutions, the level of skills possessed by citizens to detect the risk of money laundering, and the attitude towards providing information to bank officers. A serious of color charts are included to make it easier for the reader to visualize the results.

This chapter introduces the reader to the structure and content of the book, which reports the results of a large study of attitudes of the Romanian people toward corruption and a variety of ethically questionable financial activities. Demographic variables such as gender, age, education level and geographic region are examined to determine whether different subgroups view these ethical issues differently.

This chapter discusses the methodology used in the study and how the data were gathered. A questionnaire was distributed to 1,856 Romanians comprising a wide range of demographic variables, including gender, age, education level, professional status and geographic region of the country.

This chapter discusses the conclusions and recommendations resulting from the study. A series of infographs is included to summaries the results of the study using a format that makes it easy for the reader to understand.

This chapter provides a bibliometric analysis of financial crime, and includes visual maps to assist in the understanding of the issues involved. Bibliometrics deals with the collection, processing and quantitative analysis of bibliographic data from scientific publications and, using statistical methods, assesses the academic quality of the publications analysed. Depending on the methods used, bibliometric analyses of citations, co-citation, co-authorship, use of certain terms, bibliographic sources, etc. can be carried out through various factor analyses as well as content analyses. The main objective of this sub-section is to quantify the state of the art in terms of research identified as having been carried out according to scientific articles queried via the Web of Science (WoS) platform.

The aim of this book is to determine the financial crime community pulse in Romania. For this purpose, a survey questionnaire was distributed to 1,856 respondents between May 27th - June 6th, 2022.The first objective of our book consists in finding the main patterns that characterize the Romanian community, related to the financial crime perception variables (the level of tax compliance, the level of tax morale reflected as the attitude of citizens towards accepting cheating on taxes, the perception of the corruption level in Romanian public institutions, the level of skills possessed by citizens to detect the risk of money laundering and the attitude towards giving information to bank officers). We find that a majority of 64 percent of the citizens interviewed had a good or very good level of tax compliance, meaning that they have declared that they paid their taxes long before the last deadline (for discount benefits or not only for discount benefits). Regarding their tax morale, we found that a majority of 74 percent of the Romanian respondents had an active attitude towards accepting cheating on taxes (they usually or always receive their receipt and take it); about 13 percent of respondents have a proactive attitude (if they do not receive their receipt, they ask for it) while another 13 percent of respondents have a passive attitude (if they receive or do not receive their receipt, it doesn't matter). When it comes to corruption, a majority of 66 percent of Romanian citizens have declared that they perceived the level of Romanian corruption to be high or very high. Additionally, our results show that a majority of 70 percent of our citizens have low or very low skills to detect the risk of money laundering in a business; about 25 percent of those interviewed have medium skills, while only about 5 percent have high or very high skills for detecting suspicious transactions. About 68 percent of citizens have a good attitude toward being asked for information by bank officers, while about 32 percent have a medium or bad attitude (refuse or hardly provide required information to bank officers).The second objective of the book is to investigate how the demographic aspects considered in the survey (age, gender, region of living, professional status, and education) are associated with the considered financial crime perception variables. In the majority of cases, the demographic variables were found to be significant determinants for the perception of financial crime, while age was found to have the most significant impact. The results are important for policy makers in order to adopt the proper policies that would reduce the level of financial crime in Romania.