falsifying records

Why Do Businesses Falsify Records?

There are several reasons why businesses might resort to falsifying records. Common motivations include:
- Financial Gain: Companies might alter financial statements to present a more favorable fiscal position, thereby attracting investors or securing loans.
- Avoiding Penalties: By manipulating data, businesses can avoid legal penalties, fines, or sanctions from regulatory bodies.
- Employee Performance: Falsifying performance metrics can help employees meet targets, resulting in bonuses or promotions.
- Market Position: Companies may inflate sales or market share data to appear more dominant or competitive.

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