Corruption

Piggy Bank in Prison

Firms that operate in countries with weak shareholder protection and low societal trust have more depleted cash holdings

The quality of host country governance drives trustworthy behaviour in International Joint Ventures

Fraud begins with aggressive earnings management, and “effective auditing should deter managers from starting on this slippery slope in the first place”

Smith School of Business
Goodes Hall, Queen's University
Kingston, Ontario
Canada K7L 3N6

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