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We test the predictability of investment fraud using a panel of mandatory disclosures filed with the SEC. We find that disclosures related to past regulatory and legal violations, conflicts of interest, and monitoring have significant power to predict fraud. Avoiding the 5% of firms with the...
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Researchers who study crime and justice have been forecasting a variety of outcomes for nearly a century. Perhaps the … and time trends in crime. However, it is very difficult to determine how accurate such forecasts have been because few … forecasts have been properly evaluated. In the hope of improving crime and justice forecasts in the future, this article reviews …
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