Mitigating industry contagion effects from financial reporting fraud: A competitive dynamics perspective of non-errant rival firms exploiting product-market opportunities
Existing studies show that financial reporting frauds by errant firms cause declines in stock market valuations for non-errant rival firms (i.e. industry contagion effects). We posit that contagion effects may be mitigated by investors’ expectations of non-errant rivals exploiting product-market opp...
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Main Authors: | KANG, Eugene, THOSUWANCHOT, Nongnapat, GOMULYA, David |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2023
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Subjects: | |
Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/6884 https://ink.library.smu.edu.sg/context/lkcsb_research/article/7883/viewcontent/MitigatingIndustryContagion_2021_av.pdf |
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Institution: | Singapore Management University |
Language: | English |
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