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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Format: | Article |
Language: | English |
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Ovidius University Press
2017-01-01
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Series: | Ovidius University Annals: Economic Sciences Series |
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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. |
first_indexed | 2024-04-13T23:32:57Z |
format | Article |
id | doaj.art-f2ea9027408d4287b3c1f9d56e8cf054 |
institution | Directory Open Access Journal |
issn | 2393-3127 2393-3127 |
language | English |
last_indexed | 2024-04-13T23:32:57Z |
publishDate | 2017-01-01 |
publisher | Ovidius University Press |
record_format | Article |
series | Ovidius University Annals: Economic Sciences Series |
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 |
work_keys_str_mv | AT sinteaanghellucica negativeeffectsofbureaucracyinaccounting |