financial fraud

The Cost of Listing Overseas
GE, Weili | MATSUMOTO, Dawn | WANG, Emily Jing | ZHANG, Jenny Li

Listing on a U.S. stock exchange can be good for business, but U.S.-listed foreign firms pay a big price for deliberately misleading investors, according to a 2020 study by Ge, Matsumoto, Wang, and Zhang. . The authors compared th ...

The Carrot and Stick Effect of Accounting Errors
FANG, Vivian W. | HUANG, Allen | WANG, Wenyu

Accounting errors are a commonly acknowledged phenomenon. A 2007 Wall Street Journal report found about 10 per cent of public companies in the US issued financial restatements to address errors, and it is likely many more errors d ...