| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5086828 | Journal of Accounting and Economics | 2012 | 22 Pages |
Abstract
⺠I examine the leniency policies of the Securities and Exchange Commission (SEC). ⺠I explore the SEC's choice to sanction restatement firms. ⺠Cooperation with SEC staff increases the likelihood of an SEC enforcement action. ⺠Cooperation with SEC staff is rewarded through a reduction in monetary penalties. ⺠Timely disclosure of a restatement is also rewarded by the SEC.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Accounting
Authors
Rebecca Files,