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Criminals,bankruptcy, and cost of debt |
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| Authors: | Regenburg Kasper Seitz Morten Nicklas Bigler |
| Affiliation: | 1.Department of Accounting, Copenhagen Business School, Office D4.30, Solbjerg Plads 3, 2000, Frederiksberg, Denmark ; |
| Abstract: | Review of Accounting Studies - We examine whether criminal records of CEOs and rank-and-file employees are associated with firms’ likelihood of bankruptcy, and whether lenders adjust their... |
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