The role of organizational risk management in the money laundering risk of organizations

Subject Areas : Journal of Investment Knowledge

SAEED AMIRI ¹ , Rasoul ABDI ² , asgar pakmaram ³ , yagob aghdam mazrea ⁴

1 - دانش آموخته دکتری حسابداری، واحد بناب، دانشگاه آزاد اسلامی، بناب، ایران
2 - Assistant Professor. Department of Accounting, Bonab Branch, Islamic Azad University, Bonab, Iran
3 - Corresponding Author: Associate Prof., Faculty of Literature and Humanities, Islamic Azad University Bonab Branch, Bonab, Iran.
4 - assistant professor.department of accounting.sofyan branch.islamic azad university .sofyan.iran

Received: 2021-03-07 Accepted : 2020-12-30 Published : 2024-09-22

Keywords: money market, Organizational risk management, Money Laundering Risk, capital market,

Abstract :

Money laundering is an illegal activity in which the proceeds of wrongdoing enter the global economy and gain legal legitimacy. The effects of money laundering on the economy can be mitigated by planning programs and solutions. This phenomenon causes serious damage to a country's economy in the long run, and the existence of money laundering in a country's economy indicates a structural weakness in that country's economy. Therefore, the purpose of this study is to predict the causal relationships between organizational risk management structures (control environment, risk assessment, control activities, information and communication and monitoring) and money laundering risk of organizations. The statistical population of this study includes company managers, auditors and faculty members of universities (experts in the field of capital market, banking and auditing) and a standard questionnaire was used to collect data. After performing the reliability and validity tests of the sample data, the relevant analyzes were performed based on the structural equation modeling approach. The results showed that money laundering risk of organizations is affected by organizational risk management structures (control environment and information and communication).

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