Diana Răducanu, EY: Riscurile de fraudă pot afecta o tranzacție

In M&A due diligence, financial and operational risks are prioritized, while fraud risks often receive less attention. This oversight can lead to undetected issues in organizational culture and governance, exposing buyers to significant risks. The interaction of pressure, opportunity, rationalization, and capability, as outlined in fraud theory, highlights the need for effective fraud prevention systems. Recent EU legislation emphasizes organizational responsibility for preventing misconduct. Fraud risks can vary over time and may not be apparent until market conditions change. Anti-fraud due diligence procedures are crucial for identifying potential red flags that traditional analyses might miss.