Corporate Reputation’s Invisible Hand: Bribery, Rational Choice, and Market Penalties
Drawing upon rational choice and investor attention theories, we examine how accusations of corporate bribery and subsequent investigations shape market reactions. Using event study methodology to measure loss in firm value for public firms facing bribery investigations from 1978 to 2010, we found t...
| Authors: | ; ; |
|---|---|
| Format: | Electronic Article |
| Language: | English |
| Check availability: | HBZ Gateway |
| Journals Online & Print: | Drawer...
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| Fernleihe: | Fernleihe für die Fachinformationsdienste |
| Published: |
Springer
2018
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| In: |
Journal of business ethics
Year: 2018, Volume: 151, Issue: 3, Pages: 743-760 |
| Further subjects: | B
Market penalties
B Event Study B Foreign Corrupt Practices Act B Corporate Reputation B Bribery |
| Online Access: |
Volltext (lizenzpflichtig) |