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Corporate Lobbying and Fraud Detection

Published in Journal of Financial and Quantitative Analysis • Jun 6, 2011
Authors:
Frank Yu
,
Xiaoyun Yu

Abstract

Abstract This paper examines the relation between corporate lobbying and fraud detection. Using data on corporate lobbying expenses between 1998 and 2004, and a sample of large frauds detected during the same period, we find that firms’ lobbying activities make a significant difference in fraud dete...

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