Researcher investigates fraud deterrence in under-examined markets
Cumulative abnormal log returns during the window starting 30 trading days prior to SEC suspensions under Operation Shell Expel and ending 30 days after the suspension. Daily returns are benchmarked against an equal-weighted index of all firms in the same disclosure tier trading on the same day. Credit: Review of Accounting Studies (2023). DOI: 10.1007/s11142-023-09802-8
Asper School of Business assistant professor of finance…