Corporate Fraud And Its Regulation In India
- IJLLR Journal
- Jul 18
- 1 min read
Ms. Shrishaila B Mudhol, Research Scholar, Karnataka State Law University, Hubballi
ABSTRACT
The rise of large organizations, globalization, and the intricacy of financial markets have all had a significant impact on corporate fraud in India over the last few decades. In the early days of the Indian corporate sector, fraud mostly involved small-scale manipulations and betrayals of trust. However, corporate fraud developed into new forms that often-involved billions of rupees and affected numerous parties as the Indian economy got more liberalized in the 1990s and businesses expanded swiftly.
Corporate fraud is the term used to describe unethical behaviour carried out by a business or an individual with the intention of greatly boosting earnings and outperforming competitors. Public funds provided to the corporation for better operations are severely lost as a result of corporate fraud.
Keywords: Corporate Fraud, Causes of Frauds, White collar Crime, Fraud Regulation.
