Rad, Mehdi; Amiri, Ali; Ranjbar, Mohammad Hussein; … - In: Cogent Economics & Finance 9 (2021) 1, pp. 1-27
Benford's Law on the Tehran Stock Exchange. Therefore, based on financial fraud detection criteria, a sample of 50 companies … Benford's distribution showed a significant difference. The result indicates that Benford's law cannot predict the financial … statements fraud-risk of companies, in other words, Benford's law cannot separate companies with fraud-risk from those without …