Over the past decade we have witnessed some early signs of progress in the battle against international bribery and corruption, a problem that throughout the history of commerce had previously been ignored. We present a model that we then use to assess progress in reducing bribery. The model...

This paper reports financial and career outcomes following a degree in accounting using a large cross-sectional and time-series survey of one university’s alumni. We extend the work of prior researchers by examining outcomes throughout accounting graduates’ careers, which include positions...

Previous researchers have been unable to identify (on an ex ante basis) inflation hedge portfolios consisting of common stocks. This study demonstrates a procedure for forming common stock portfolios that offer returns that vary positively with unexpected inflation. The strategy could have been...