Regional Crime Rates and Corporate Reporting

• 발행기관: 한국윤리경영학회
• 저자명: 조형진 이우종 최세라 양승희
• 간행물 정보: 『한국윤리경영학회 학술대회 발표논문집』2018년 춘계학술대회 발표논문집, 230~250쪽, 전체 21쪽
• 주제분류: 경제경영 > 경영학
• 파일형태: PDF
• 발행일자: 2018.06.02

영문 초록

Social norms or social capital influences corporate managers’ propensity to seek private rents, thereby being associated with the quality of corporatereporting. This paper provides empirical evidence that regional crime, an extreme breakdown of social capital, adversely affects corporate reporting behavior. Utilizing borough-level crime rates in London, we reportthat firms headquartered in a borough with higher crime rates are more likely to engage in earnings management. We also document that firms in such boroughs tend to exhibit higher levels of tax avoidance. Our findings confirm that social capital indeed plays a significant role in corporate reporting.

목차

Ⅰ. Introduction

Ⅱ. Literature Review

Ⅲ. Research Design

Ⅳ. Sample and Descriptive Statistics

Ⅴ. Results

Ⅵ. Conclusions

키워드

crime rates social capital financial reporting quality tax avoidance JEL Descriptors: A13, M41 H26