Jumping Ship: Undisclosed SEC Investigations and Voluntary CEO Turnover

E Holzman, J Kim, BP Miller… - Available at SSRN …, 2024 - papers.ssrn.com
Prior research finds that the public revelation of misconduct leads to severe career penalties
for managers, raising an interesting question about whether managers can avoid career …

[PDF][PDF] Jumping Ship: Undisclosed SEC Investigations and Quiet CEO Turnover

ER Holzman, J Kim, BP Miller, JH Schroeder - 2024 - terry.uga.edu
Prior research finds that the public revelation of misconduct leads to severe career penalties
for managers, raising an interesting question about whether managers can avoid career …

[PDF][PDF] Avoiding the consequences of misconduct: Becoming licensed by and insulated from stigma

C Moore, HC Stuart, JE Pozner - Institute for Research on Labor and …, 2011 - hbs.edu
Recent work on organizational stigma considers corporate misconduct to be a stigmatizing
act, and has confirmed many negative consequences that follow from it. This paper uses …

Is “not guilty” the same as “innocent”? Evidence from SEC financial fraud investigations

DH Solomon, E Soltes - Journal of Empirical Legal Studies, 2021 - Wiley Online Library
When the Securities and Exchange Commission (SEC) investigates firms for financial fraud,
investors learn about the investigation only if managers disclose it, or regulators sanction the …

Employee disputes and CEO turnover: Evidence from labor lawsuits

O Unsal, B Rayfield - Journal of Corporate Accounting & …, 2019 - Wiley Online Library
In this study, we use a unique hand‐collected data set of employee lawsuits to understand
the effect of litigation on CEO turnover. We gather 28,258 employee disputes (after initial …

Corporate governance and employee treatment: evidence from takeover defenses

O Unsal, B Rayfield - Journal of Economics and Finance, 2020 - Springer
In this study, we use a unique hand-collected dataset of employee lawsuits to understand
the effect of litigation on CEO turnover. We gather 28,258 employee disputes (after initial …

[PDF][PDF] Does the revolving door affect the SEC's enforcement outcomes?

E DeHaan, S Kedia, K Koh… - Available at SSRN …, 2011 - papers.ssrn.com
We provide empirical evidence on the consequences of revolving door phenomenon at the
SEC. If future job opportunities make SEC lawyers increase their enforcement effort to …

When are firms on the hot seat? An analysis of SEC investigation preferences

ER Holzman, NT Marshall, BA Schmidt - Journal of Accounting and …, 2024 - Elsevier
Little is known about how the SEC selects its targets for investigation. We study this subject
using a new database of formal SEC investigations. We predict and find that case selection …

Do heads roll?: An empirical analysis of CEO turnover and pay when the corporation is federally prosecuted

BL Garrett, N Li, S Rajgopal - Journal of Law, Finance, and …, 2019 - nowpublishers.com
Does the criminal prosecution of a corporation affect the CEO? Or do criminal actions
directed at the organization itself pose few consequences for the individuals at the top, and …

Do Heads Roll? An Empirical Analysis of CEO Turnover and Pay When the Corporation is Federally Prosecuted

BL Garrett, N Li, S Rajgopal - … Analysis of CEO Turnover and Pay …, 2018 - papers.ssrn.com
Does the criminal prosecution of a corporation affect the CEO? Or do criminal actions
directed at the organization itself pose few consequences for the individuals at the top, and …