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Conference Proceedings (2005), Proceedings of the 31st EIBA Annual Conference. Landscapes and Mindscapes in a Globalized World, European International Business Academy (EIBA)

Managerial Dishonesty and the Macroeconomic Equilibrium

Besancenot D., VRANCEANU Radu

This paper suggests that by enhancing sanctions against managers who disclose fraudulent financial information, the Sarbanes-Oxley Act might contribute to increase the frequency of default.

BESANCENOT, D. and VRANCEANU, R. (2005). Managerial Dishonesty and the Macroeconomic Equilibrium. In: Proceedings of the 31st EIBA Annual Conference. Landscapes and Mindscapes in a Globalized World. European International Business Academy (EIBA).