Study: State-Level Public Corruption Affects Firm Value, Transparency

State-level public corruption in the United States affects firms’ value and disclosure policies, according to a new study from The University of Texas at Dallas.

Dr. Steven Xiao, assistant professor of finance, and Dr. Vikram Nanda, O.P. Jindal Distinguished Chair in Finance, studied state-level corruption in the U.S. and its effect on publicly listed firms.  Continue…

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