We provide new evidence on the effects of social media in the context of a financial scandal using a sample of banks that were accused of manipulating the London Interbank Offered Rate. We find that increased banks' Twitter activity when the scandal surfaced has a positive moderating effect on...

Mafia firms introduce distortions in the markets in which they operate, increasing the cost of doing business for peer firms. We investigate whether peers respond by increasing their tax avoidance and thus increasing funds available to compete with the Mafia firms. Using a sample of Italian...

The economic crisis triggered by the COVID-19 pandemic prompted governments to take immediate actions and launch a bundle of relief mechanisms to hold up companies and workers. This study analyzes the role of accounting information and regulation in supporting policy-makers in the wake of a...