Reputational penalties for different types of corporate scandals in China.

This study investigates reputational penalties for two main types of corporate scandals in China: accounting scandal vs. corruption. Compared with U.S. firms that experienced an average of 41% drop in firm value if accounting scandal was disclosed, I find that accounting scandals are less destructiv...

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Bibliographic Details
Other Authors: Zhang, Fang
Format: Others
Language:English
Chinese
Published: 2009
Subjects:
Online Access:http://library.cuhk.edu.hk/record=b6074941
http://repository.lib.cuhk.edu.hk/en/item/cuhk-344574