This article explores price impact in the context of securities fraud litigation, focusing on the probability of observing directionally-consistent abnormal returns (those that go in the direction of a plaintiff's theory of liability) under the hypothesis of price impact versus no price impact....

This article explores the critical roles of forensic accounting and auditing in modern business, focusing on uncovering financial irregularities and promoting transparency. Through a meticulous literature review and analysis, the study emphasizes the significance of these practices. The purpose...

The purpose of this study is to investigate the integration of forensic accounting and big data technology frameworks in relation to the mitigation of internal fraud risk in the banking industry. This study employed an explanatory research design involving the use of simulated data to mirror the...

Combining the company’s risk of financial fraud predicted by the machine learning method and unique Chinese data of board voting, this study investigates whether independent directors can identify the company’s risk of financial fraud. We find that independent directors are more likely to...

The Orinoco Mining Arc (OMA) is in the south of Venezuela, a region rich in minerals and natural resources with a particular social, economic, and security dynamic. Due to its remoteness and difficult access, different actors have found a privileged space to conduct criminal activities....