Effects of Illegal Behavior on the Financial Performance of US Banking Institutions
This study investigates whether financial performance is affected by corporate violations of laws and regulations. In a sample of 128 publicly traded banks that were subject to enforcement actions by US regulatory authorities over a 20-year period, we observed a significant negative market reaction...
Main Author: | |
---|---|
Format: | Electronic Article |
Language: | English |
Check availability: | HBZ Gateway |
Journals Online & Print: | |
Fernleihe: | Fernleihe für die Fachinformationsdienste |
Published: |
Springer Science + Business Media B. V
2013
|
In: |
Journal of business ethics
Year: 2013, Volume: 112, Issue: 2, Pages: 313-324 |
Further subjects: | B
Regulations
B Banking Industry B Violations B Financial Performance |
Online Access: |
Volltext (JSTOR) Volltext (lizenzpflichtig) |