Economic and Financial Crime, Sustainability and Good Governance

Acknowledgement
About the Book
Contents
Part I: Financial Crimes Around the World: The Landscape Around the World Countries
	Chapter 1: Comparative Case Study on Economic and Financial Crime in Germany and Romania
		1 Introduction
		2 Delimitation of the Behavior Patterns of Germany and Romania
			2.1 Geographical Delimitation
			2.2 Economic Delimitation
			2.3 Political Delimitation
		3 Methodology and Data
			3.1 Hypotheses Research
			3.2 Sample and Method
			3.3 Variables and Data
		4 Results
			4.1 Comparison Based on Correlation Model
			4.2 Descriptive Comparison Based on Age
			4.3 Descriptive Comparison Based on Gender
			4.4 Descriptive Comparison Based on Education
			4.5 Descriptive Comparison Based on Professional Status
		5 Discussions
		6 Conclusions
		Appendix
		References
	Chapter 2: Frauds in Banking System: Frauds with Cards and Their Associated Services
		1 Introduction
		2 Theoretical Framework
			2.1 The Card and Their Associated Services
			2.2 Cards Fraud Typology
				2.2.1 Skimming
				2.2.2 Phishing, Smishing, and Vishing
				2.2.3 Gift Cards Scams
				2.2.4 Carding and Malware
			3 Literature Review
			4 Methodology and Data
			5 Results
				5.1 The Evolution of Fraud Losses in e-Commerce Payments
				5.2 The Evolution of Fraud Losses in Card Payments
				5.3 The Evolution of Fraud Detection Methods
			6 Discussions and Policy Implications
		7 Conclusions
		References
			Further Reading
		Chapter 3: A SWOT Analysis on Illegal Logging and Corruption: Romania Case Study
			1 Introduction
			2 Literature Review
			3 Methodology
			4 Results and Discussion
				4.1 Strengths
				4.2 Weaknesses
				4.3 Threats
				4.4 Opportunities
			5 Conclusions and Proposed Solutions
			Appendix
			References
		Part II: Economic and Political Determinants of Financial Crime
			Chapter 4: Identifying Determinants of Informal Entrepreneurship Using Bibliometric and Cross-Country Analysis: Evidence from ...
				1 Introduction
				2 Literature Review
					2.1 Data on Informal Entrepreneurship: Bibliometric Mapping with VOSviewer
					2.2 Determinants of Informal Entrepreneurship: Bibliometric Mapping with VOSviewer and Synthesis
				3 Methodology and Data
					3.1 Sample
					3.2 Data
					3.3 Descriptive Statistics of Data
					3.4 Methods
				4 Results and Discussion
					4.1 Main Results
					4.2 Robustness Checks
				5 Conclusions
				References
				Chapter 5: The Impact of Minimum Wage on the Shadow Economy: A Panel Data Analysis for EU Countries
					1 Introduction
					2 Literature Review
					3 Empirical Analysis
						3.1 Data
						3.2 Model Specification and Empirical Results
					4 Discussion and Policy Implications
					5 Conclusions
					Appendices
						Appendix 1: Description of Variables
						Appendix 2: Summary Statistics
						Appendix 3: Matrix Correlation
					References
					Part III: The Effects of Economic and Financial Crimes on the Society
						Chapter 6: The Impact of Corruption on Human Well-Being Within an Economic Framework: Evidence from a Cross-National Study
							1 Introduction
							2 Literature Review
							3 Data Description
								3.1 Dependent Variable: Well-Being
								3.2 Independent Variable: Corruption
								3.3 Control Variables
							4 Method and Models
							5 Results and Discussions
							6 Conclusions
							References
						Chapter 7: The Main Aspects of the Impact of Cybercrimes on the Business Environment in the Digital Era: Literature Review
							1 Introduction
							2 Literature Review
								2.1 Cybercrime and Taxonomy of Cybercrime in the Business Environment
								2.2 Causes and Effects of Cybercrimes
								2.3 Cybernetic Security and Digital Forensics and Its Impact on Business
							3 Methodology of Research
							4 Results
							5 Conclusions, Limitations, and Future Research Directions
								5.1 Conclusions
								5.2 Limitations and Future Research Directions
							References
						Chapter 8: Effects of Economic and Financial Crime on the Government Budget and the Quality of Public Services
							1 Introduction
							2 Literature Review and Research Design
							3 Conclusions
							References
						Chapter 9: Effects on the Economic and Sustainable Development and on the Poverty and Social Inequality
							1 Introduction
							2 Literature Review and Research Design
							3 Conclusions
							References
						Chapter 10: Effects on the Soundness of Financial-Banking Institutions and on the Business Development
							1 Introduction
							2 Literature Review and Research Design
							3 Conclusions
							References
					Part IV: Fighting Financial Crimes Strengthens the Sustainable Economy
						Chapter 11: Policy and Regulatory Framework on Fighting Financial Crime for Developing Sustainable Economy Models
							1 Introduction
							2 Understanding Financial Crime and Its Impact on a Sustainable Economy
								2.1 Literature Review
								2.2 How Financial Crime Undermines Sustainable Economic Models
								2.3 Bridging the Gap Between Financial Crime Prevention and Sustainable Economic Models: Towards Interconnectivity in the EU R...
							3 Designing a Sustainable Economic Model: Challenges and Opportunities in a Changing World
							4 Policy Coherence and Preventive Measures in Sustainable Finance: Bridging the Gap Between Regulation and Implementation
								4.1 The Emergence of a Modern Regulatory Regime for Sustainable Finance in Europe
									4.1.1 Setting Up of a Sustainable Finance Policy and Regulatory Framework
									4.1.2 Integration of ESG Criteria into Mainstream Corporate Governance
									4.1.3 Shaping of a System of Financial Monitoring and Supervision
								4.2 Establishing a Preventive System for Combating Financial and Economic Crime Through a Sustainable Finance Legal Framework
								4.3 Institutional Change in Financial Regulation for a Sustainable Economy
							5 Summary and Conclusions
							References
						Chapter 12: Strengthening the EU Fight Against Money Laundering to Promote Sustainable Economic Models
							1 Introduction
							2 Overview of the EU´s Anti-Money Laundering Legislative Efforts
							3 A Perspective on the Transposition of the EU AML Legislation Across Member States
							4 The EU Single Rulebook on AML/CFT
							5 The Need for Sustainable Economic Models: AML and ESG Convergence
								5.1 Literature Review
								5.2 AML and ESG Convergence Within the EU Regulatory Framework
								5.3 Convergence and Conflict: Balancing Corporate Transparency and Personal Data Protection in the EU´s AML/CFT and ESG Regula...
							6 The Intersection of Cybersecurity, AML Rules, and Sustainable Economic Models: Proposal for Cybercrime in the ESG Risks
							7 Conclusions
							References
						Chapter 13: An Overview of Forensic Accounting and Its Effectiveness in the Detection and Prevention of Fraud
							1 Introduction
							2 Theoretical Aspects
								2.1 Forensic Accounting
								2.2 Fraud
							3 Objective and Research Questions
							4 Methodology
							5 Results
								5.1 Regarding the Skills and Abilities of Forensic Accountants and their Suitability in Fraud Prevention
								5.2 Regarding Techniques Used in Financial Forensics and their Efficiency in Detecting Fraud
								5.3 Regarding Difficulties and Benefits in the Development of the Forensic Accounting Profession
							6 Discussions
							7 Conclusions
							References
						Chapter 14: Cyber-Attacks, Cryptocurrencies and Cyber Security
							1 Introduction
							2 Literature Review
							3 Data and Methodology
								3.1 Cryptocurrency Data
								3.2 Cyber-Attack Data
								3.3 Cyber Security
								3.4 Control Variables
								3.5 Summary Statistics
								3.6 Cyber-Attack Effects Associated with Cryptocurrencies and Cyber Security
							4 Results and Discussions
								4.1 Cyber-Attack Effects on the Realised Returns and Realised Volatilities of Cryptocurrencies and Cyber Security
								4.2 Cyber-Attack Effects on the Trading Volumes of Cryptocurrencies and Cyber Security
								4.3 Cyber-Attack Effects on the Risk-Adjusted Returns of Cryptocurrencies and Cyber Security
							5 Conclusions
							Appendices
								Appendix 1: Variable Correlations
								Appendix 2: Cyber-Attack Target Country and Count
								Appendix 3: Visualisation of Cyber-Attacks Across the Globe
							References
							Chapter 15: Cyber Risk Insurance Framework Considerations
								1 Introduction
								2 Evolution and Current Situation Related to Cyber Risk Insurance
								3 Active Problems
								4 Discussions and Proposals
								5 Conclusions
								6 Limitations of the Study and Future Directions
								References