Ledja Burnazi Mitllari – Faculty of Law and Social Sciences, University of New York, 21 Dhjetori Square, 1001 Tirana, Albania

Keywords:                  Corporate fraud;
Albania Company Law;

DOI: https://doi.org/10.31410/ERAZ.2023.525

Abstract: Corporate fraud is a very problematic and serious phenomenon, regardless of company size, place of business, branches and way of doing business. Considering fraud not only as a random phenomenon of corporate reality but to a great extent as a criminal offense as provided for in almost all laws, responsible persons (those who commit such an offense) bear criminal as well as civil liability, depending on the circumstances and jurisdiction to which they belong. This paper will critically approach the concept of corpo­rate fraud following the Albanian legal framework and jurisdiction. It will fo­cus on the key aspects of the company in question, the civil and criminal pro­visions related to the liability that would be borne by the executives and/or the corporation, the fiduciary duties of the executives, the interpretation of the court cases established so far, case studies and analyzing the effectiveness of the application of the respective legal provisions.

9th International Scientific ERAZ Conference – ERAZ 2023 – Conference Proceedings: KNOWLEDGE BASED SUSTAINABLE DEVELOPMENT, hybrid – online, virtually and in person, Prague, Czech Republic, June 1, 2023

ERAZ Conference Proceedings published by: Association of Economists and Managers of the Balkans – Belgrade, Serbia

ERAZ conference partners: Faculty of Logistics, University of Maribor, Maribor (Slovenia); University of National and World Economy – UNWE, Sofia (Bulgaria); Center for Political Research and Documentation (KEPET), Research Laboratory of the Department of Political Science of University of Crete (Greece); Institute of Public Finance – Zagreb (Croatia); Faculty of Tourism and Hospitality Ohrid, University of St. Kliment Ohridski from Bitola (North Macedonia)

ERAZ Conference 2023 Conference Proceedings: ISBN 978-86-80194-72-1, ISSN 2683-5568, DOI: https://doi.org/10.31410/ERAZ.2023

Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 License (https://creativecommons.org/licenses/by-nc/4.0/) which permits non-commercial use, reproduction and distribution of the work without further permission. 

Suggested citation

Burnazi Mitllari, L. (2023). Corporate Fraud and Liability Provisions in Albania. In V. Bevanda (Ed.), ERAZ Conference – Knowlegde Based Sustainable Development: Vol 9. Conference Proceedings (pp. 525-533). Association of Economists and Managers of the Balkans. https://doi.org/10.31410/ERAZ.2023.525


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