Enforcement actions and their effectiveness in securities regulation: Empirical evidence from management earnings forecasts
Due to resource constraints, securities regulators cannot find or punish all firms that have conducted irregular or even illegal activities (hereafter referred to as fraud). Those who study securities regulations can only find the instances of fraud that have been punished, not those that have not b...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2012-03-01
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| Series: | China Journal of Accounting Research |
| Subjects: | |
| Online Access: | http://www.sciencedirect.com/science/article/pii/S1755309112000068 |