作者：Berger, Philip G.; Lee, Heemin
作者单位：University of Chicago; City University of New York (CUNY) System; Baruch College (CUNY)
摘要：We examine the deterrence effect of the Dodd-Frank whistleblower provision on accounting fraud. To facilitate causal inference, we use state False Claims Acts (FCAs), under which whistleblowing about accounting fraud at a firm invested in by a state's pension fund can result in monetary rewards from that state's government. We divide our sample into firms exposed and not exposed to whistleblowing risk from a state FCA during the 2008-2010 period that preceded the 2011 SEC implementation of the...
