Consequences of fraud and overcoming negative market reaction

Abstract

Consequences of Fraud and Overcoming NegativeMarket Reaction and submitted in partial fulfillment of the requirements for the degree of Master of Science (Administration)Complies with the regulations of the University and meets the accepted standards with respect to originality and quality.

Administrative penalties and corporate CSR disclosure strategies

“…The research contributions of this study are summarized in the following: Firstly, we creatively investigate corporate CSR disclosure strategy affected by administrative penalties from the perspective of impression management. Most of the existing literature explores the remedial measures taken by firms after administrative penalties from the perspective of internal governance mechanisms such as changes in supervisory personnel and frequency of meetings (Cianci et al, 2019; Karajian & Ullah, 2021). Distinguished from those studies, we focus on the impact of administrative penalties on the use of pictures and tables in CSR reports as disclosure strategies.…”

“…Furthermore, it has been demonstrated that in firms subjected to administrative penalties, executives face risks such as salary reductions and demotions (Conyon & He, 2016). Consequently, administrative penalties manifestly exert negative influences on firms that motivate them to implement remedial measures aimed at rebuilding trust among stakeholders and mitigating the negative repercussions of penalties (Cianci et al, 2019 Farber, 2005; Karajian & Ullah, 2021).…”

“…Most studies focus on internal governance mechanisms to explore the remedial measures taken by firms after administrative penalties (Farber, 2005; Karajian & Ullah, 2021), but less attention is paid to firms' CSR disclosure strategies. As a kind of reputation capital, CSR performance can exert a value‐protecting effect on firms (Zyglidopoulos et al, 2012).…”

Investigation of accounting manipulation using the Beneish model: Hungarian case

“…Manipulations can affect several organisations' legitimacy and impact innovation, entrepreneurship, regulatory compliance, society, and the economy (Belas et al, 2015). Karajan and Ullah (2022) investigated how disclosing the company's accounting manipulations affects the company's profitability. They found that the earnings of these companies were a significant decrease.…”