When and Why Do Takeovers Lead to Fraud
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DOI: 10.1111/fima.12213
Abstract: This paper develops a model explaining how acquisitions of controlling block ownership can facilitate post‐takeover fraud by new managers when investor protection is poor. Based on disclosures of embezzlement or breach of fiduciary duty in… read more here.
Keywords: takeover; lead fraud; fraud; takeovers lead ... See more keywords