Negative Effects of Bureaucracy in Accounting

The complexity of economic activities is also due to bureaucracy, which has had negativeeffects and has caused the prolongation of the crisis periods, bankruptcies of companies withnational and international importance. Bureaucracy encouraged the move of profits incountries recognized as tax havens....

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Main Author: Sintea (Anghel) Lucica
Format: Article
Language:English
Published: Ovidius University Press 2017-01-01
Series:Ovidius University Annals: Economic Sciences Series
Subjects:
Online Access:http://stec.univ-ovidius.ro/html/anale/ENG/2017/Section-V/37.pdf
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author Sintea (Anghel) Lucica
author_facet Sintea (Anghel) Lucica
author_sort Sintea (Anghel) Lucica
collection DOAJ
description The complexity of economic activities is also due to bureaucracy, which has had negativeeffects and has caused the prolongation of the crisis periods, bankruptcies of companies withnational and international importance. Bureaucracy encouraged the move of profits incountries recognized as tax havens. The more bureaucracy, the more corruption cases occur,but it can also cause errors in the centralization of accounting information, or incomplete,unclear information that can lead to misconduct in the economic development of entities and thewhole of society. The lack of consistency of the legislation discourages the businessenvironment, as it has caused large damages among entities. Bureaucratic elements havediversified forms of corruption. Often unnecessary bureaucracy may have hidden mobiles linkedto the corrupted character of employees at various hierarchical levels that lead to measurablelosses and the creation of harmful image to entities and to the country.
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spelling doaj.art-f2ea9027408d4287b3c1f9d56e8cf0542022-12-22T02:24:50ZengOvidius University PressOvidius University Annals: Economic Sciences Series2393-31272393-31272017-01-01XVII1596600Negative Effects of Bureaucracy in AccountingSintea (Anghel) Lucica0University of CraiovaThe complexity of economic activities is also due to bureaucracy, which has had negativeeffects and has caused the prolongation of the crisis periods, bankruptcies of companies withnational and international importance. Bureaucracy encouraged the move of profits incountries recognized as tax havens. The more bureaucracy, the more corruption cases occur,but it can also cause errors in the centralization of accounting information, or incomplete,unclear information that can lead to misconduct in the economic development of entities and thewhole of society. The lack of consistency of the legislation discourages the businessenvironment, as it has caused large damages among entities. Bureaucratic elements havediversified forms of corruption. Often unnecessary bureaucracy may have hidden mobiles linkedto the corrupted character of employees at various hierarchical levels that lead to measurablelosses and the creation of harmful image to entities and to the country.http://stec.univ-ovidius.ro/html/anale/ENG/2017/Section-V/37.pdfBureaucracyAccountingFactorsLegislationDamage
spellingShingle Sintea (Anghel) Lucica
Negative Effects of Bureaucracy in Accounting
Ovidius University Annals: Economic Sciences Series
Bureaucracy
Accounting
Factors
Legislation
Damage
title Negative Effects of Bureaucracy in Accounting
title_full Negative Effects of Bureaucracy in Accounting
title_fullStr Negative Effects of Bureaucracy in Accounting
title_full_unstemmed Negative Effects of Bureaucracy in Accounting
title_short Negative Effects of Bureaucracy in Accounting
title_sort negative effects of bureaucracy in accounting
topic Bureaucracy
Accounting
Factors
Legislation
Damage
url http://stec.univ-ovidius.ro/html/anale/ENG/2017/Section-V/37.pdf
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