The Geography of Financial Misconduct

被引:202
作者
Parsons, Christopher A. [1 ]
Sulaeman, Johan [2 ]
Titman, Sheridan [3 ]
机构
[1] Univ Southern Calif, Los Angeles, CA 90089 USA
[2] Natl Univ Singapore, Singapore, Singapore
[3] Univ Texas Austin, Austin, TX 78712 USA
关键词
SOCIAL NORMS; CORRUPTION; CRIME; GROWTH; COMPENSATION; FRAUD; IMPACT; MATTER; DETERMINANTS; PERFORMANCE;
D O I
10.1111/jofi.12704
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
Financial misconduct (FM) rates differ widely between major U.S. cities, up to a factor of 3. Although spatial differences in enforcement and firm characteristics do not account for these patterns, city-level norms appear to be very important. For example, FM rates are strongly related to other unethical behavior, involving politicians, doctors, and (potentially unfaithful) spouses, in the city.
引用
收藏
页码:2087 / 2137
页数:51
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