Companies that have engaged in corporate fraud, regulatory violations, and other wrongdoing resulting in financial harm are inclined to clean up their act after a whistleblower exposes internal misconduct, a new University of Iowa study has found. According to the New York Times, new research by Jaron H. Wilde, assistant professor of accounting at the University of Iowa’s Tippie College of Business, shows “a sharp and lasting drop in financial wrongdoing at companies that were subject to whistleblower investigations.” The study, which will be published in The Accounting Review, looked at cases of whistleblower activity in 317 public companies in ... Read More
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