Accounting scandals in the context of corporate social reporting
نویسندگان
چکیده
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15 صفحه اولCorporate Scandals and Household Stock Market Participation
We show that after the revelation of corporate frauds in a state, the equity holdings of households in that state decrease significantly both in the extensive and the intensive margins. Using an exogenous shock to fraud detection and exogenous variation in households’ lifetime experiences of corporate fraud, we are able to establish that the impact of fraud revelation in local companies on hous...
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ژورنال
عنوان ژورنال: Journal of Database Marketing & Customer Strategy Management
سال: 2011
ISSN: 1741-2447
DOI: 10.1057/dbm.2011.25