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methodology they uncover positive bias (that is: methodological changes that make it more likely to find sanction success as … definition of sanction contribution increase the success ratio in general and ultimately the share of sanctions that are judged … changes'. Their probit analysis shows that the 3rd edition's methodology underestimates the contribution of certain sanction …
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In this paper, we provide empirical evidence for the impact of disciplinary sanctions imposed on Spanish auditing firms and their engagement partners. The disciplinary sanctions resulted from external investigations, which revealed misapplications of auditing standards. In particular, we...
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There is a growing interest in morale as a potential substitute for sanctions, encouraged by exerimental evidence that people's morale affect their economic decisions. I show that while morale may be a substitute for sanctions for each citizen, it is not a substitute in the market. In a model...
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of the sanction effect and allows for counterfactual analysis of no - sanctions. Increased ope nness is shown to reduce …
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