fraud in a high-stakes high school exit exam, which introduced CCTV monitoring of the exam and credible punishment threats …

(background risk) and forgery risk (risk of investment fraud), under short-sale constraints and risk aversion. Speculative bubbles … the risk of investment fraud …

Motivated by survey evidence, we examine the relation between worker substance abuse and workplace fraud. In our sample … sanction for substance abuse. Doctors receiving such sanctions are between 40 and 50 times more likely to commit fraud in that … likelihood of fraud among doctors with past or future substance abuse sanctions. This suggests that (1) workers with past but not …

reduce the cost of capital, these may also lead to more pervasive securities fraud. Any resulting increase in fraudulent …-wealthy investors, those less able to absorb financial losses, at a disproportionate risk of fraud. From a broader economic viewpoint … and the weakness of traditional enforcement mechanisms that are better suited to large-scale fraud. This Article is also …

We develop and test a model linking the duration of financial fraud to information produced by auditors and analysts … and efforts by managers to conceal the fraud. Our empirical results suggest fraud termination is more likely in the …, indicating auditors' observable signals reduce fraud duration. Analyst attention increases the likelihood of fraud termination …

Financial reporting fraud and other forms of financial reporting misconduct are a significant threat to the existence …

The landscape of the law of theft and fraud has changed drastically since the introduction of the Ghosh test in 1982 …. Looking beyond the problems 'intrinsic' to Ghosh, this paper examines the wider framework of theft and fraud. It highlights … the conduct element of appropriation, fraud by abuse of position and the overlap between theft and fraud in their …

This paper finds that investors learn from their experience with corporate fraud and financial misconduct and modify … funds that experienced corporate fraud at one of their portfolio firms subsequently chose firms with lower probabilities of … fraud and financial misconduct, compared to otherwise similar funds that did not experience any corporate malfeasance …

If one deceives another in a manner that profits the deceiver and harms the victim, it is fraud, a crime and a tort … disinformation that amounts to “fraud on the public” is distinct from (and worse than) other kinds of disinformation. The Article … sets forth elements that must be met to qualify as fraud on the public. Conduct that qualifies as fraud on the public …