The relationship between analysts' forecasts and corporate fraud is a vital theoretical and practical question that … corporate fraud from a panoramic perspective. Using panel data on listed companies in China from 2008 to 2019, we find that … ownership on the positive relationship between negative forecast gaps and the likelihood of corporate fraud. …

We examine whether analyst coverage influences corporate fraud in China. The fraud triangle specifies three main … factors, i.e. opportunity, incentive, and rationalization. On the one hand, analysts may reduce the fraud opportunity factor …, analysts may increase the fraud incentive factor by pressurizing managers to achieve short-term performance targets, which can …

of “independent analysis” that helps the Securities and Exchange Commission (SEC) prosecute fraud. To receive a bounty … under section 922(a) of the Dodd-Frank Act, “independent knowledge” of fraud is not required. While the statute recognizes …

We test the predictability of investment fraud using a panel of mandatory disclosures filed with the SEC. We find that … predict fraud. Avoiding the 5% of firms with the highest ex ante predicted fraud risk would allow an investor to avoid 29% of … fraud cases and over 40% of the total dollar losses from fraud. We find no evidence that investors receive compensation for …