Local Institutions, Audit Quality, and Corporate Scandals of US-Listed Foreign Firms
Using data on shareholder-initiated class action lawsuits in the US, I investigate the corporate scandals of US-listed foreign firms. The shareholders of scandal firms suffer considerable loss in both the short term and the long term. I document that firms domiciled in countries with weak institutio...
| Main Author: | |
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| Format: | Electronic Article |
| Language: | English |
| Check availability: | HBZ Gateway |
| Journals Online & Print: | Drawer...
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| Fernleihe: | Fernleihe für die Fachinformationsdienste |
| Published: |
Springer
2016
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| In: |
Journal of business ethics
Year: 2016, Volume: 133, Issue: 2, Pages: 351-373 |
| Further subjects: | B
Spillover effect
B Big 4 auditors B Class action lawsuits B The bonding theory B US-listed foreign firms B corporate scandals |
| Online Access: |
Volltext (JSTOR) Volltext (lizenzpflichtig) |