How Whistleblowers Deter Poor Behavior
The Horizons Tracker
MAY 31, 2022
Whistleblowers are typically viewed as a positive force in helping us to uncover crooked behavior. They explored how the stock market reacted when 13 data leaks involving offshore tax evasion at Swiss banks were made public. Active deterrent. In the first couple of days after the leak, however, they fell by around 1.1%
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