
Corporate Frauds and the Macroeconomic Environment in India | 5
companies at an inated value, thus allowing them
to hike their valuation.
‘Accommodation entry’ is nothing but a eu-
phemism for the creation and use of fake busi-
ness transaction documents like sale/purchase
invoices. Its usage has become so widespread that
in business circles it is now an acceptable practice.
Accommodation entry operators provide services
in fudging accounts of business entities for dier-
ent purposes. For example, business entities inter-
ested in hiking up their nancial strength in order
to obtain higher quantum of bank loans or to lure
investors will employ ...