ACCTG 502 | Session 5 | Who Blows the Whistle on Corporate Fraud?

ACCTG 502 | Session 5 | Who Blows the Whistle on Corporate Fraud? - 2010 ALEXANDER DYCK, ADAIR MORSE, and LUIGI ZINGALES Introduction: The study explores who is most likely to detect and uncover corporate fraud in U.S. public companies. While previous governance theories focus on auditors, regulators, or investors, the authors discover that employees, the media, and industry regulators are unexpectedly influential in revealing misconduct. By integrating legal, economic, and financial viewpoints, the study challenges traditional ideas about governance mechanisms and shows that non-traditional actors are key in maintaining market integrity.