| Popis: |
The insolvency of an economic entity is determined by a number of exogenous or endogenous factors. Among the exogenous factors can be included the controls of the control bodies (in the financial, sanitary, environmental field, etc.), and among the endogenous factors are the company's employees, the decision-making management, the shareholders, etc. The role of control bodies is to combat illicit elements in the management of the company, imposing through their controls, warnings, contraventions or subsequent disciplinary investigations compliance with the law and business ethics. The aim of this paper is to establish whether there is a direct correlation between the number of controls performed by public control bodies in the variation of the number of insolvencies declared in the last 6 consecutive financial years (2014 - 2019). |
