| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5086775 | Journal of Accounting and Economics | 2012 | 15 Pages |
Abstract
⺠Examine how the threat of legal penalties affects managerial reporting behavior. ⺠Higher legal penalties in some circumstances can induce greater managerial misreporting. ⺠Effect of legal penalties depends on player beliefs, legal frictions, and internal controls. ⺠Suggestions for reforming the anti-fraud mechanisms in the securities laws.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Accounting
Authors
Volker Laux, Phillip C. Stocken,