Securities fraud

Authors: Instefjord N.; Jackson P.; Perraudin W.

Source: Economic Policy, Volume 13, Number 27, October 1998 , pp. 585-623(39)

Publisher: Wiley-Blackwell

Abstract:

Recent frauds in investment banks and securities houses have revealed how vulnerable modern financial institutions are to criminal activity by their employees. In this paper, we examine how regulators may limit the incidence of securities fraud by encouraging firms to provide managers and dealers with appropriate incentives and by imposing ex post penalties once a fraud has been discovered

Language: English

Document Type: Research article

Affiliations: 1: Birkbeck College; Bank of England; Birkbeck College, Bank of England and CEPR

Publication date: 1998-10-01

• In this: publication
• By this: publisher
• In this Subject: Economics
• By this author: Instefjord N. ;  Jackson P. ;  Perraudin W.

Website © Publishing Technology. Article copyright remains with the publisher, society or author(s) as specified within the article.

• Terms and conditions
• Privacy policy
• Information for advertisers