Researchers in finance and accounting recently find that male CEOs’ high facial masculinity (fWHR: facial width-to-height ratio), which is known to be related to aggressiveness to achieve higher social status in the neuroendocrinology literature, shows dual impacts on corporate outcomes. For...

This paper explores how issues and malfeasances relating to cybersecurity and cyber fraud differ based on gender, primarily focusing on women in relation to use of mobile-phone centric digital financial services (DFS) in developing countries in Africa and South Asia.We find that women within the...

This paper examines the effects of controlling shareholders on corporate fraud. Using a sample of Chinese listed firms for 2004-2019, we find that the absence of an ultimate controlling shareholder increases the risk of corporate fraud. We use an instrumental variable approach to alleviate the...

We build a theoretical framework for cross-border fraud in which international fraud complaints follow a gravity model. Using several large databases of consumer complaints, we find that complaints exhibit gravity; compared to trade volumes, cultural distance is more important for complaints and...

Unexplained consumption leakages are a long-standing problem causing significant economic losses to utility distribution companies. In utilities, the Machine Learning techniques enable the automated analysis of consumption patterns, allowing the identification of fraudulent activities, thus...

The literature provides mounting evidence that top managers are associated with financial reporting outcomes. In this paper, I predict and find that traits of rank-and-file employees also explain these outcomes. Controlling for the CEOs’ criminal records, firms with more employees with...

In the media, the so-called cum/ex trades were addressed as the biggest tax robbery in history. In a few years, the financial trading scheme caused an estimated damage to European state treasuries of ca. 50 billion euros. Through highly complex transactions, a network of equity traders, banks,...

Large companies are increasingly on trial. Over the last decade, many of the world's biggest firms have been embroiled in legal disputes over corruption charges, financial fraud, environmental damage, taxation issues or sanction violations, ending in convictions or settlements of record-breaking...