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Nonprofit organizations are at an increased risk for the occurrence of fraud due to their inherently trusting nature … and the limited availability of resources for fraud prevention measures. Because charitable organizations rely on positive … for a nonprofit to remain financially viable once fraud occurs. We conduct an experimental investigation with potential …
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, we examine whether fraud revelations by regulators affect corporate cross-border M&As. We find that acquirers with a … history of fraud are less likely to complete cross-border M&As, and if completed, take longer to conclude transactions than … other acquirers. Our findings suggest that corporate fraud has implicit costs due to loss of reputation that may impede the …
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The protection of foreign investment by treaties often clashes with the State's sovereign right to investigate economic crimes committed by investors. This article examines the different approaches taken by tribunals to questions concerning admissibility and jurisdiction, applicable law, the...
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Corruption has become endemic in many African countries and is difficult to eradicate completely; therefore, reducing … corruption to a tolerable level that will not deter foreign investors must be the aspiration of all political leaders and … stakeholders. This study tries to identify the level of corruption that is tolerable to foreign investors, which is referred to as …
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