We study the propensity of firms to commit financial fraud using a sample of SEC enforcement actions from 2000 to 2006 … between fraud probability and CEO-board connectedness. The nature of this relation depends on the institutional origin of the … connection. While nonprofessional connectedness due to shared educational and non-business antecedents increase fraud probability …

securities fraud and experienced class action lawsuits filed between 1989 and 1999. Estimating Fama-French (F-F) three …-factor model-based monthly abnormal returns for three events, alleged fraud commission (FC), fraud disclosure (FD), and initial … changes in systematic risk (F-F factor loadings), suggesting that the effects of fraud are confined primarily to changes in …

likelihood of corporate fraud. Using data of 2542 Chinese firms and 17239 firm years from 2010 to 2017, the findings of logistic … negativeassociation between cash compensation of independent directors and corporate fraud. Our findings suggest that if independent … between independent directors’ compensation and corporate fraud is pronounced in SOEs. Our study not only shows the impact of …