their investor base changes as well. Finally, I find that a trading strategy based on fraud allegations yields a significant …

decrease their positions. Stock market activity surges for firms suspected of fraud, and a conservative trading strategy yields …

This study examines whether and how online investor-firm interactions reduce the incidence of corporate fraud. We find … that more interactions and investors’ negative sentiment reduce the likelihood of committing fraud. This finding remains …-firm interactions are an important monitor for corporate fraud, which enhance firm value …

In this paper, we investigate the consequences of fraud for CEOs and whether these consequences depend on CEO power. We … find that CEO power can reduce the likelihood of director turnover as well as CEO turnover after fraud detection. Further …, we find that CEO power is negatively related to long-term stock performance after fraud detection and this negative …

In within-firm analysis of 1,805 executives, executives implicated in financial reporting fraud cases have … significantly stronger equity incentives than their within-firm peers who are not implicated in the fraud. Executives implicated in … fraud cases also have significantly stronger equity incentives than executives at non-fraud firms in similar roles. However …