6533b7d9fe1ef96bd126d445
RESEARCH PRODUCT
La presse en tant que mécanisme de gouvernance disciplinaire
Karen Morissubject
création de valeurvalue creationcorporate governancepressejel:G30jel:K20jel:L82fraudepress[SHS.GESTION]Humanities and Social Sciences/Business administrationfraud[SHS.GESTION] Humanities and Social Sciences/Business administration[ SHS.GESTION ] Humanities and Social Sciences/Business administrationgouvernance d’entreprisegouvernance d’entreprise;presse;fraude;création de valeur;corporate governance;press;fraud;value creation.description
Fraud is a cause of substantial costs for firms. Fraud disclosure by the press would hence improve firms’ rates of return. I study to what extent the French press acts as a watchdog-type mechanism of governance and what the determinants of this mechanism are. To address these issues, I investigate the efficacy of the French press in detecting fraud committed by firms before an official verdict by the courts. I observe that the French press can play an important role as a watchdog, but this role de- pends on its search for maximizing profits. Thus, the press selects the firms and the frauds on which it publishes articles.
year | journal | country | edition | language |
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2011-01-01 |