Klimczak, Karol Marek; Sison, Alejo G.; Prats, Maria; … - In: Journal of business ethics : JBE 179 (2022) 1, pp. 205-222
Financial misconduct has come into the spotlight in recent years, causing market regulators to increase the reach and severity of interventions. We show that at times the economic benefits of illicit financial activity outweigh the costs of litigation. We illustrate our argument with data from...