Our paper examines the effect of product market competition on firms' incentives to misreport financial information to investors. We examine three specific channels through which product market competition can affect the information environment in an industry and individual firms' incentives to...

Our paper examines the effect of product market competition on firms' incentives to misreport financial information to investors. We examine three specific channels through which product market competition can affect the information environment in an industry and individual firms' incentives to...

We study how bank monitoring affects corporate fraud in China. Financial We study how bank monitoring affects corporate fraud in China. Financial misreporting is less prevalent in provinces with more developed banking sectors. A natural experiment using the staggered liberalization of the...

We examine three information channels through which product market interactions in an industry can affect firms' incentives to misreport financial information to investors. We find that lower product market sensitivity to individual firm' information and greater use of relative performance...