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.
引用
收藏
页码:1723 / 1727
页数:5
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