Table Of ContentFraud and Corruption
in EU Funding
The Problematic Use
of European Funds
and Solutions
Edited by
David Blanco-Alcántara
Fernando García-Moreno Rodríguez
Óscar López-de-Foronda Pérez
Palgrave Macmillan Studies in Banking and Financial
Institutions
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·
David Blanco-Alcántara
·
Fernando García-Moreno Rodríguez
Óscar López-de-Foronda Pérez
Editors
Fraud and Corruption
in EU Funding
The Problematic Use of European Funds
and Solutions
Editors
David Blanco-Alcántara Fernando García-Moreno Rodríguez
Business Department Department of Public Law
University of Burgos University of Burgos
Burgos, Spain Burgos, Spain
Óscar López-de-Foronda Pérez
Department of Economics
University of Burgos
Burgos, Spain
ISSN 2523-336X ISSN 2523-3378 (electronic)
Palgrave Macmillan Studies in Banking and Financial Institutions
ISBN 978-3-031-19050-6 ISBN 978-3-031-19051-3 (eBook)
https://doi.org/10.1007/978-3-031-19051-3
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Contents
1 The Corruption Problem in Europe 1
David Blanco-Alcántara,
Fernando García-Moreno Rodríguez,
and Óscar López-de-Foronda Pérez
2 An Analysis of the Efficiency of European Funds 25
David Blanco-Alcántara, Andrea Cámara Payno,
Jorge Gallud Cano, and Florencio López-de-Silanes
3 Fighting Fraud and Corruption in European Structural
and Investment Funds 57
Jorge Gallud Cano, Thomas Baumgärtler,
and Philipp Eudelle
4 Innovative Methods for Predicting Fraud
and Corruption 125
Félix Javier López-Iturriaga, Iván Pastor Sanz,
and Elena Temiño Santamaría
5 Conclusions 175
Óscar López-de-Foronda Pérez
Bibliography 183
Index 195
v
Notes on Contributors
Baumgärtler Thomas, Ph.D. in Financial Economics. Professor of the
Faculty of Business Administration and Industrial Engineering at Offen-
burg University. He is key member ot EUMODFRAUD European
Project. As a researcher he is expert in terms of fraud and tools to detect
and prevent the fraud in Germany and all over Europe. He has published
at European Journal of International Management and other Financials
Journals.
Blanco-Alcántara David, Ph.D. in Economics (Burgos Univ.). Degree
in Business at University of Navarra. Assistant Professor of Corpo-
rate Finance at Faculty of Economics (Univerisity of Burgos). Circular
Economy Director (2010–2014) at Faculty of Economics, University
of Burgos. Manager of EUMODFRAUD European Project. Visiting
Professor at the ESSCA (Ecole Superior of Commercial Sciences of
Angers). As a researcer, he has published in Managerial Decissions,
Applied Economics, European Journal of International Management,
European Journal of Finance among others.
Cámara Payno Andrea, Ph.D. candidate at University of Burgos. Her
research is about the effectiveness of the European Funds in every region
and sector. She is double degree in Business and Law at the Faculty
of Economics (University of Burgos) with the best marks of the year.
As a researcher she has published at European Journal of International
Management.
vii
viii NOTESONCONTRIBUTORS
Eudelle Philipp, Ph.D. in Financial Economics. Dean of the Faculty of
Business Administration and Industrial Engineering at Offenburg Univer-
sity. He is key member ot EUMODFRAUD European Project. As a
researcher he is expert in terms of fraud and tools to detect and prevent
the fraud in Germany and all over Europe. He has published at European
Journal of International Management and other Financials Journals.
Gallud Cano Jorge, Ph.D. in Economics at University of Valladolid.
Professor of accounting. He is key Financial Resarch of EUMODFRAUD
International European Project. As a researcher he has published at Euro-
pean Journal of International Management and International Journal of
Finance and Economics among others.
García-Moreno Rodríguez Fernando Degree in law from the
Complutense University of Madrid in 1991. Doctor in law by the Univer-
sity of Burgos in the year 1999.Visiting Professor at the School of
Specialization in Public Administration Studies (SPISA) at the Univer-
sity of Bologna, Bologna, Lazio, Italy, From June 2000 to October
2000 (postdoctoral stay). Main Researcher of the European Research
EUMODFRAUD Project. As a researcher he is the author of mono-
graphs about urbanism, energy economy and ecological transition, Fraud
and corruption published by Palgrave and Thomson Reuters Editorial.
López-de-Foronda Pérez Óscar, Ph.D. in Economics (Burgos Univ.).
Degree in Business at University of Navarra. Assistant Professor of
Corporate Finance at Faculty of Economics (Univerisity of Burgos).
Dean Faculty of Economics,University of Burgos, (2009–2013). M.B.A.
Director (2010–2014) at Faculty of Economics, University of Burgos.
Head of EUMODFRAUD European Project. Visiting Professor at
the ESSCA (Ecole Superior of Commercial Sciences of Angers). As
a researcer, he has published in Corporate Governance: An interna-
tional Review, Applied Economics, Business Research Quaterly, European
Journal of Finance among others.
López-de-Silanes Florencio, Ph.D. in Harvard Business School.
Professor at Skema Business School, winner of the Wells Award at best
economic thesis of Harvard, former World Bank Advisor, Member of the
French Legion of Honor, Researcher at NBER with many publications in
Journal of Finance, Journal of Financial Economics, European Journal of
Finance among others.
NOTESONCONTRIBUTORS ix
López-Iturriaga Félix Javier, Ph.D. in Economics (Valladolid Univ.).
Professor of Corporate Finance at Faculty of Economics (Univerisity of
Valladolid). Head of several research projects about corporate governance
and finance. As a researcer, he has published in Corporate Governance: An
international review, Managerial Decissions, Applied Economics, Euro-
pean Journal of International Management, European Journal of Finance
among others.
Pastor Sanz Iván, Ph.D. in Economics (Valladolid Univ.). He is expert
at Neural Networks, founder of the web page crystaltender.com about
the warning of fraud of public procurement in Europe. As a researcer, he
has published in Spanish Review of Finance, Social Indicators Research.
Managerial Decissions, Applied Economics, European Journal of Interna-
tional Management, European Journal of Finance among others.
Temiño Santamaría Elena, Ph.D. candidate at University of Burgos.
Her research is about the use of Neural Networks to detect the fraud.
She is double degree in Business and Law at the Faculty of Economics
(University of Burgos) with the best marks of the year. As a researcher
she has published at European Journal of International Management.
List of Figures
Chapter 2
Fig. 1 Percentage of projects by country (Source Own elaboration
based on data of the European Union) 31
Fig. 2 Percentage of projects by fund (Source Own elaboration
based on data of the European Union) 31
Fig. 3 Map of DEC_PL by country (Source Own elaboration
based on data of the European Union) 40
Fig. 4 Map of SP_DEC by country (Source Own elaboration
based on data of the European Union) 41
Fig. 5 Map of DEC_PL by country (Source Own elaboration
based on data of the European Union) 42
Fig. 6 Map of DEC_PL of ERDF by country (Source Own
elaboration based on data of the European Union) 43
Fig. 7 Map of SP_DEC of CF by country (Source Own
elaboration) 44
Fig. 8 Map of SP_DEC by country (Source Own elaboration
based on data of the European Union) 45
Fig. 9 Graph SP_DEC - DEC_PL 53
Fig. 10 Graph average SP_DEC-DEC_PL by country (Source Own
elaboration) 54
xi
