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How does the deterrence of fraud affect firms' innovation outputs?
被引:0
|作者:
Wang, Kun
[1
]
Chen, Jianqiang
[2
]
机构:
[1] Xi An Jiao Tong Univ, Sch Econ & Finance, Xian, Shaanxi, Peoples R China
[2] Natl Tsing Hua Univ, Dept Quantitat Finance PhD Program, 101,Sect 2,Kuang Fu Rd, Hsinchu 30013, Taiwan
关键词:
Whistleblower program;
quasi-experiment;
innovation;
fraud;
D O I:
10.1080/13504851.2022.2081659
中图分类号:
F [经济];
学科分类号:
02 ;
摘要:
This paper examines how the deterrence of fraud affects firms' innovation outputs, based on a quasi-experiment of the Whistleblower Program. We find that the deterrence of fraud is positively related to firms' innovation outputs, both quantitatively and qualitatively. Moreover, its impact is more pronounced when a firm has more information asymmetry or higher employee turnover.
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页码:1723 / 1727
页数:5
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