Peer effects and corporate corruption
WebThis effect appears to be the result of peer effects, rather than exogenous shocks like regional variation in enforcement. Further, local waves of financial misconduct are … WebAug 1, 2024 · Synthesizing the literature, we define corruption as “an illegal activity (bribery, fraud, financial crime, abuse, falsification, favoritism, nepotism, manipulation, etc.) conducted through misuse of authority or power by public (government) or private (firms) officeholders for private gain and benefit, financial or otherwise.”
Peer effects and corporate corruption
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WebJul 1, 2024 · Overall, our study provides new corroborative empirical evidence on the importance of peer effects or industrial dynamics in shaping corporate decisions across … WebMar 5, 2024 · Co-workers could behave similarly because of peer effects – in which workers learn behaviors or social norms from each other — but similar behavior could arise …
WebCash holdings are an essential element of corporate decision-making. Culture, such as the unique Chinese red culture created by the Communist Party of China during the Revolutionary War, affected corporate economic decisions. This study systematically evaluated the impact of red culture on corporate cash holdings. Based on a theoretical … WebAug 10, 2024 · Yet, corporations play a key role in much of the corruption that occurs in society and are important contexts for corruption themselves; they are also very different …
WebJan 24, 2024 · Corporate earnings are an important source of information for many market participants, yet managers have a certain degree of discretion over the earnings that they report. ... In order to truly identify peer effects, we need a shock that changes the earnings management of some firms in the peer group but leaves the earnings management of the ... WebJan 29, 2012 · This article evaluates the relationship between the level of corruption in rapidly developing economies and corporate governance processes therein. Previous literature illustrates a strong relationship between corporate governance and corruption and suggests that in countries with high levels of corruption, firms lack efficient corporate …
WebMay 3, 2024 · Corporations that share board members with other firms tend to have similar corporate governance practices. But this commonality is difficult to interpret. It may …
WebJan 1, 2008 · The role of peer effects in corporate practices has been extensively studied in recent years; examples of such studies include peer effects in corporate governance (Davis and Greve, 1997; John and ... quotes from ghostbustersWebApr 26, 2024 · One of the key challenges in examining political corruption and state crime is determining who exactly the perpetrators are. With other types of crime (e.g., street … quotes from george wilson great gatsbyWebMar 24, 2024 · Firms in the same networks tend to have similar corporate governance practices. However, disentangling peer effects, where governance practices propagate … quotes from george s pattonWebApr 19, 2024 · In addition, peers that have greater difficulty in catching up with the voting firm in CSR experience significantly lower stock returns around the passage, consistent … quotes from get smart tv showWebPeer Effects and Corporate Corruption ∗ Christopher Parsons, Johan Sulaeman, S. Titman Published 2014 Economics We find evidence that financial misbehavior occurs in … quotes from gilgamesh about deathWebNov 1, 2024 · The channel analysis reveals that fraudulent peer effects are only prevalent in small firms, young firms, and those with low institutional ownership, suggesting that information asymmetry and weak monitoring drive our findings. quotes from ghost riderWebSep 14, 2024 · The Global Fraud and Risk Report shows that 57% of respondents at companies with a turnover of more than $15 billion reported a significant impact from illicit activity, such as fraud, corruption and money laundering on their organizations, with a further quarter (25%) describing the impact as somewhat significant. shirt information