Working Paper
Legal Personhood and Liability for Flawed Corporate Cultures
A number of recent corporate law scandals (including the Wells Fargo fraudulent accounts scandal, the Volkswagen emissions scandal, sexual...
Read moreGovernance of Financial Services Outsourcing: Managing Misconduct and Third-Party Risks
With financial institutions increasingly outsourcing their activities, they face a record number of fraud and misconduct cases arising from...
Read moreCorruption-related disclosure in the banking industry: Evidence from GIPSI countries
This paper empirically investigates corruption-related disclosure in the banking industry, aiming to identify the most relevant theories which...
Read moreThe Corporate Value of (Corrupt) Lobbying
Using an event study, we examine whether the stock market considers corporate lobbying to be a value-enhancing investment. On January 3, 2006, lobbyist...
Read moreLiability for Transnational Securities Fraud, Quo Vadis?
This Chapter evaluates the state of affairs with regard to liability for transnational securities fraud in the post-Morrison era, to find that it is in a...
Read moreCorporate Scandals and Household Stock Market Participation
We show that after the revelation of corporate fraud in a state, household stock market participation in that state decreases. Households decrease...
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