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Shareholder class action litigation most often deals with allegations that defendants made misrepresentations and/or omissions that caused the stock price to be higher than it otherwise would have been. We show how regression analysis of the response of share prices and investor expectations to...
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kinds of financial crime like social security fraud for police resources and so receives less attention and fewer …Introduction -- Chapter 1. White-Collar Crime Research -- Chapter 2. Theory of Crime Convenience -- Chapter 3. Tip of … Research Results -- Chapter 7. Student Elicitation for Estimation -- Chapter 8. Social Security Fraud -- Chapter 9. Other …
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I develop a model in which a firm's only asset is its name -- which is associated with reputation -- and study the … horizons, in contrast to standard results in the game-theoretic reputation literature. I also show that only good types buying …, and compared to the game theoretic literature, they offer an alternative interpretation of reputation …
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In recent years the academic world has experienced a mushrooming of journals that falsely pretend to be legitimate academic outlets. We study this phenomenon using information from 46,000 researchers seeking promotion in Italian academia. About 5% of them have published in journals included in...
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This paper presents an analysis of the effect of bureaucratic corruption on economic growth through a public finance transmission channel. At the theoretical level, we develop a simple dynamic general equilibrium model in which financial intermediaries make portfolio decisions on behalf of...
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