variance with the allegations of financial statement fraud committed by high profile companies in Nigeria (e.g., Unilever and … support public opinion and an earlier study on the credibility of financial report in Nigeria [see for example, Reports on the …

for their operations. I also note the conditions needed to be exiting when identifying fraud. The US Government goes …

when liquidation would be value-increasing. To curb fraud, shareholders optimally choose auditing quality and the …We analyze corporate fraud in a model in which managers have superior information but are biased against liquidation … performance sensitivity of managerial pay, taking external corporate governance and auditing regulation into account. For given …

liquidation would be value-increasing. To restrain fraud, shareholders optimally choose auditing quality and the performance …We analyze corporate fraud in a model where managers have superior information but, due to private benefits from empire … sensitivity of managerial pay, taking into account external corporate governance and auditing regulation. For given managerial pay …