Forensic accounting serves as a regulatory and investment tool that allows interested
professionals to predict whether firms are engaged in financial reporting misconduct …

With the integration of sustainable development into all aspects of the economy, politics,
society, culture, and ecology, the effectiveness and innovation of enterprises in sustainability …

We test the predictability of investment fraud using a panel of mandatory disclosures filed
with the SEC. We find that disclosures related to past regulatory and legal violations …

This paper studies operational risk in the hedge fund industry using due diligence reports.
Many funds suffer from operational problems, including limited disclosure of legal and …

Most investor coordination remains undisclosed. I provide empirical evidence on the extent
and consequences of investor coordination in the context of hedge fund activism, in which …

We investigate the extent to which hedge fund managers smooth self-reported returns. In
contrast to prior research on the “anomalous” properties of hedge fund returns, we observe …

In response to numerous recent cases involving materially misstated financial information
arising from fraudulent financial reporting, companies, auditors, and academics have …

This paper uses three alternating changes in hedge fund regulation to study whether
regulation reduces hedge funds' misreporting, and, if so, why regulation is effective. Relative …

We examine the effect of ASC 820 (formerly SFAS 157) on valuations reported by US private
equity funds to their investors. In 2008, the FASB implemented ASC 820 to achieve more …

Hedge funds and their managers have been vilified in recent times for their high-risk
activities and relative lack of regulatory oversight. A recurrent concern shared by market …