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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| Format: | Others |
| Language: | English Chinese |
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2009
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| Online Access: | http://library.cuhk.edu.hk/record=b6074941 http://repository.lib.cuhk.edu.hk/en/item/cuhk-344574 |