Empirical examination of longer-term financial consequences

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Reference no: EM131087947 , Length: 750-1000 Words

MGT 602 – Legal and Ethical Aspects of Management 

Exercise No. 1                                                                             

 Read and analyze “Paying the Piper: An Empirical Examination of Longer-Term Financial Consequences of Illegal Corporate Behavior,”by Baucus, Melissa S.; & Baucus, David A.Academy of Management Journal, Feb1997, Vol. 40 Issue 1, p129-151. 23p.

 Required:

·         One-page summary of the above article

·         Answers to the following questions which must be addressed adequately:

a)      What financial impact does illegal corporate behavior have on a company?

b)     How long does a company feel the impact of illegal behavior?

c)      How does the market react to corporate illegal behavior?

What are the financial costs of violating the behavior?

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Reference no: EM131087947

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Empirical examination of longer-term financial consequences : Read and analyze “Paying the Piper: An Empirical Examination of Longer-Term Financial Consequences of Illegal Corporate Behavior,”byBaucus, Melissa S.; & Baucus, David A.Academy of Management Journal, Feb1997, Vol. 40 Issue 1, p129-151. 23p.
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