The deterrence effects of vicarious punishments on corporate financial fraud

• Main Authors: YIU, Daphne W., XU, Yuehua, WAN, William P.
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2014
• Subjects: Vicarious learning; Corporate financial fraud; Corporate governance; Social learning theory; Deterrence; China; Corporate Finance
• Online Access: https://ink.library.smu.edu.sg/lkcsb_research/7322; https://ink.library.smu.edu.sg/context/lkcsb_research/article/8321/viewcontent/Deterrence_effects_of_vicarious_punishments_on_corporate_financial_fraud.pdf
• Institution: Singapore Management University

This study extends the research on corporate financial fraud by developing a new perspective on the deterrence effects of vicarious punishments premised on social learning theory. We posit that firms vicariously learn about punishments from their peers by picking up modeling cues, environmental cues...