Berger, Philip G.; Lee, Heemin - 2022
We examine the deterrence effect of the Dodd–Frank whistleblower provision on accounting fraud. To facilitate causal … inference, we use state False Claims Acts (FCAs), under which whistleblowing about accounting fraud at a firm invested in by a … the likelihood of accounting fraud of treatment firms by 12%–22% relative to control firms, but do not find that it …