ERICKSON, MERLE; HANLON, MICHELLE; MAYDEW, EDWARD L. - In: Journal of Accounting Research 44 (2006) 1, pp. 113-143
We compare executive equity incentives of firms accused of accounting fraud by the Securities and Exchange Commission (SEC) during the period 1996-2003 with two samples of firms not accused of fraud. We measure equity incentives in a variety of ways and employ a battery of empirical tests. We...
