This study examines whether and how anticorruption efforts may mitigate the risk of corporate fraud. Based on a sample of Chinese publicly listed firms over the period of 2008 to 2017, we find that anticorruption efforts reduce the likelihood of fraud commission and increase the likelihood of...

1. Introduction -- 2. Defining money laundering / Elena Madalina Busuioc -- 3. Ways of quantifying money laundering -- 4. Measuring money laundering for Australia and the Netherlands / with Melissa Siegel and Joras Ferwerda -- 5. How money is being laundered / with Madalina Busuioc -- 6. Short...