Analysis Of Yabaite Financial Fraud Based On GONE Theory

With the advent of the intelligent era,the capital market is more active and difficult to control.Big data technology is integrated and widely used in various fields of development.The expansion of information sharing and access channels has made the economic development in full swing.The policies of “One Belt,One Road” are beneficial to many enterprises.Advantage opportunities,political,economic,cultural,social integration and interaction,flourishing.However,there are bound to be more new types of financial fraud in the mature capital market.According to GONE theory,financial fraud is the result of the combination of greed,need,opportunity and exposure.The greedy factor is the most direct driving force of emotion.The demand factor is the fundamental driving force for enterprises to choose fraudulent behavior to obtain illegitimate interests.The opportunity factor is the feasibility of external conditions.The exposure factor is the constraint strength and disclosure degree of fraudulent behavior.When each fraud factor can reach a certain degree of fitness.At the time,it will inevitably induce corporate fraud.This paper takes the financial fraud incident of Yabaite Technology as an example,starting from the four factors of greed,need,opportunity and exposure,combined with the social environment in which it is located,and relies on the contradictions between the corresponding policy situation and the parties to analyze its fraud motivation in detail.Disclosure of its policy of “Belt and Road”,opportunistic,the initial round of financing for the first round of financing to falsely increase the operating income to profit from false foreign transactions,to make the development of good illusion,in order to obtain a higher in the securities market identify and pay attention to gain huge economic benefits from the public.Under the temptation of major economic interests,its fraudulent behavior has become more and more fierce.It did not only forged a large number of financial statements,but also combined with relevant agencies and intermediary departments to falsify,and even forged endorsements of trade with foreign political leaders.The fraudulent practices are harsh and the methods of fraud are complex and diverse.The sense of honesty is extremely lacking,and the personal manager of financial personnel has a strong desire for unfairness.In the face of serious business defects in the initial stage of the enterprise,it finally induces serious fraud and has an interference effect in the standard operation of the securities market.This thesis takes Yabaite's financial fraud case as the entry point,analyzes its fraud background,falsification motivation,counterfeiting method and fraud result in detail,and then proposes effective protection suggestions for each factor from the typical case,aiming at the “typical” of fraud and adapting to local conditions.To carry out detailed analysis of background and motivational means,and to strengthen corporate culture,reduce corporate illegitimate demand,reduce financial fraud opportunities and increase financial fraud disclosure and sanctions,respectively,for greed,needs,opportunities,exposure of four motivations,suggesting more feasible and scientific prevention and punishment recommendations,thereby reducing the greedy desire of operators,reducing the possibility of fraud,and providing an effective analysis for the prevention of financial fraud in the capital market.