Abstract
The objective of this research is to understand the influence of black money on SMEs, to outline solutions to prevent and combat these illegal practices contributing to the strengthening of business responsibility and ethics. The methodology used is qualitative, based on the hypothetical deductive method applied in the field: the capital of the state of Puebla. The object of study is the influence of black money on SMEs. We consider black money to be money obtained illegally (drug trafficking, floor collection, clandestine marketing of fuels or any illicit activity) that comes from a legitimate source with the aim of “laundering” it, that is, disguising large amounts of cash as legal, which allows criminals to maintain control over their profits. The main finding is: 81% of SME owners are prone to use black money for the operation of their business.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
