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What external control mechanisms are most effective in detecting corporate fraud? To address this question we study in … depth all reported cases of corporate fraud in companies with more than 750 million dollars in assets between 1996 and 2004 …. We find that fraud detection does not rely on one single mechanism, but on a wide range of, often improbable, actors …
Persistent link: https://www.econbiz.de/10012760394
Transparency is usually thought to reduce favoritism and corruption by facilitating monitoring by outsiders, but there … aggregates favoritism (nationalistic bias from own-country judges) and corruption (vote trading), actually increased slightly …
Persistent link: https://www.econbiz.de/10013112845
corresponding increase in hospital visits for chronic illnesses. The results point to an unintended consequence of policies that …
Persistent link: https://www.econbiz.de/10014243117
When we take a cab we may feel cheated if the driver takes an unnecessarily long route despite the lack of a contract or promise to take the shortest possible path. Is our decision to take the cab affected by our belief that we may end up feeling cheated? Is the behavior of the driver affected...
Persistent link: https://www.econbiz.de/10013098476
We show that firms with CEOs who personally benefitted from options backdating were more likely to engage in other forms of corporate misbehavior, suggestive of an unethical corporate culture. These firms were more likely to overstate firm profitability and to engage in less profitable...
Persistent link: https://www.econbiz.de/10013078313
corruption. Students who demonstrate lower levels of prosocial preferences in the laboratory games are also more likely to prefer … corruption do not systematically predict job preferences. We find that a screening process that chooses the highest ability … applicants would not alter the average propensity for corruption among the applicant pool. Our findings imply that differential …
Persistent link: https://www.econbiz.de/10013072869
, corruption, and trade agreements, suggesting that firms intentionally misreport trade data. These misreports have implications …
Persistent link: https://www.econbiz.de/10012983673
. This citation penalty is more severe when the associated retracted article involves fraud or misconduct, relative to cases …
Persistent link: https://www.econbiz.de/10013065177
cause of the retraction (fraud vs. mistake) shape the magnitude of the penalty. We find that eminent scientists are more … harshly penalized than their less distinguished peers in the wake of a retraction, but only in cases involving fraud or …
Persistent link: https://www.econbiz.de/10013022930
developing nation today. We construct a "corruption and fraud index" using word counts from a large number of newspapers for 1815 … the "corruption and fraud index" is about five times its level from the end of the Progressive Era to the 1970s. If the … was checkered with political scandal and widespread corruption that would not seem unusual compared with the most corrupt …
Persistent link: https://www.econbiz.de/10014069640