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The market response to corporate scandals involving CEOs
16 references·3 citing·38 second hop
The market response to corporate scandals involving CEOs (2015)The market response to corporate scandals…The Cost to Firms of Cooking the Books (2008)The Cost to Firms of Cooking …Organizational identity orientation: The genesis of the role of the firm and distinct forms of social value (2007)Organizational identity orien…Shredded Reputation: The Cost of Audit Failure (2002)Shredded Reputation: The Cost…Detecting long-run abnormal stock returns: The empirical power and specification of test statistics (1997)Detecting long-run abnormal s…Production, Information Costs and Economic Organization (1996)Production, Information Costs…Common risk factors in the returns on stocks and bonds (1993)Common risk factors in the re…The Cross-Section of Expected Stock Returns (1992)The Cross-Section of Expected…Financial Policy and Reputation for Product Quality (1991)Financial Policy and Reputati…Comparative Economic Organization: The Analysis of Discrete Structural Alternatives (1991)Comparative Economic Organiza…Moral Mazes: The World of Corporate Managers (1990)Moral Mazes: The World of Cor…Moral mazes: The world of corporate managers (1988)Moral mazes: The world of cor…The Impact of Product Recalls on the Wealth of Sellers (1985)The Impact of Product Recalls…The Role of Market Forces in Assuring Contractual Performance (1981)The Role of Market Forces in …Estimating betas from nonsynchronous data (1977)Estimating betas from nonsync…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)The Market for "Lemons": Qual…Corporate governance performance ratings with machine learning (2022)Corporate governance performa…Same scandal, different moral judgments: the effects of consumer-firm affiliation on weighting transgressor-related information and post-scandal patronage intentions (2021)Same scandal, different moral…#MeToo: Sexual harassment and company value (2021)#MeToo: Sexual harassment and…CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Risk, Return, and Equilibrium: Empirical Tests (1973)On Persistence in Mutual Fund Performance (1997)Illiquidity and stock returns: cross-section and time-series effects (2002)A five-factor asset pricing model (2014)A Subordinated Stochastic Process Model with Finite Variance for Speculative Prices (1973)An Intertemporal Capital Asset Pricing Model (1973)Conditional Heteroskedasticity in Asset Returns: A New Approach (1991)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Job Market Signaling (1973)Transaction-Cost Economics: The Governance of Contractual Relations (1979)The Digitization of Word of Mouth: Promise and Challenges of Online Feedback Mechanisms (2003)Buzz: face-to-face contact and the urban economy (2004)The Impact of Social Structure on Economic Outcomes (2005)Using daily stock returns (1985)Market efficiency, long-term returns, and behavioral finance1The comments of Brad Barber, David Hirshleifer, S.P. Kothari, Owen Lamont, Mark Mitchell, Hersh Shefrin, Robert Shiller, Rex Sinquefield, Richard Thaler, Theo Vermaelen, Robert Vishny, Ivo Welch, and a referee have been helpful. Kenneth French and Jay Ritter get special thanks.1 (1998)Capital markets research in accounting (2001)Introductory Econometrics for Finance (2008)The Nature of the Firm (1937)Economic Action and Social Structure: The Problem of Embeddedness (1985)The Sources and Consequences of Embeddedness for the Economic Performance of Organizations: The Network Effect (1996)The New Institutional Economics: Taking Stock, Looking Ahead (2000)The Network Paradigm in Organizational Research: A Review and Typology (2003)The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets (1965)The Pricing of Options and Corporate Liabilities (1973)Separation of Ownership and Control (1983)Law and Finance (1998)Crime and Punishment: An Economic Approach (1968)The effect of capital structure on a firm's liquidation decision (1984)Causes and Consequences of Earnings Manipulation: An Analysis of Firms Subject to Enforcement Actions by the SEC* (1996)Who Blows the Whistle on Corporate Fraud? (2010)The Impact of Religion on Financial Reporting Irregularities (2011)Globalizing the boardroom—The effects of foreign directors on corporate governance and firm performance (2012)Equilibrium Unemployment as a Worker Discipline Device (1986)Property Rights and the Nature of the Firm (1990)The Evolution of Cooperation (1981)Corporate financing and investment decisions when firms have information that investors do not have (1984)The Resource-Based Theory of Competitive Advantage: Implications for Strategy Formulation (1991)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1993Common risk factors in the returns on stocks and bonds26,615 cited
  • 1970The Market for "Lemons": Quality Uncertainty and the Market Mechanism22,977 cited
  • 1992The Cross-Section of Expected Stock Returns17,251 cited
  • 1996Production, Information Costs and Economic Organization9,565 cited
  • 1991Comparative Economic Organization: The Analysis of Discrete Structural Alternatives7,150 cited
  • 1981The Role of Market Forces in Assuring Contractual Performance3,652 cited
  • 1977Estimating betas from nonsynchronous data2,751 cited
  • 1997Detecting long-run abnormal stock returns: The empirical power and specification of test statistics2,690 cited
  • 2008The Cost to Firms of Cooking the Books1,315 cited
  • 1988Moral mazes: The world of corporate managers1,295 cited
  • 1990Moral Mazes: The World of Corporate Managers1,206 cited
  • 1985The Impact of Product Recalls on the Wealth of Sellers641 cited
  • 2007Organizational identity orientation: The genesis of the role of the firm and distinct forms of social value625 cited
  • 1991Financial Policy and Reputation for Product Quality

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533 cited
  • 2002Shredded Reputation: The Cost of Audit Failure514 cited
  • Cited by

    • 2022Corporate governance performance ratings with machine learning56 cited
    • 2021#MeToo: Sexual harassment and company value47 cited
    • 2021Same scandal, different moral judgments: the effects of consumer-firm affiliation on weighting transgressor-related information and post-scandal patronage intentions7 cited