FAU College Collections
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Does Venture Capital Backing Improve Disclosure Controls and Procedures? Evidence from Management’s Post‑IPO Disclosures
Type: Text
Year: 2022, 2022
Member of: FAU College Collections
Contributors: Douglas Cumming, Lars Helge Hass, Linda A. Myers, Monika Tarsalewska
Publisher: Springer
Description: Firm managers make ethical decisions regarding the form and quality of disclosure. Disclosure can have long-term implications for performance, earnings manipulation, and even fraud. We investigate the impact of venture capital (VC) backing on the quality and informativeness of disclosure controls and procedures for newly public companies. We find that these controls and procedures are stronger,… more
Full Text: Journal of Business Ethics (2023) 187:539–563 https://doi.org/10.1007/s10551-022-05272-1 ORIGINAL PAPER Does Venture Capital Backing Improve Disclosure Controls and Procedures? Evidence from Management’s Post‑IPO Disclosures Douglas Cumming1,5 · Lars …
Disentangling Crowdfunding from Fraudfunding
Type: Text
Year: 2021, 2021
Member of: FAU College Collections
Contributors: Denis Schweizer, Douglas Cumming, Lars Hornuf, Moein Karami
Publisher: Springer
Description: Fraud in the reward-based crowdfunding market has been of concern to regulators, but it is arguably of greater importance to the nascent industry itself. Despite its significance for entrepreneurial finance, our knowledge of the occurrence, determinants, and consequences of fraud in this market, as well as the implications for the business ethics literature, remain limited. In this study, we… more
Full Text: Journal of Business Ethics (2023) 182:1103–1128 https://doi.org/10.1007/s10551-021-04942-w ORIGINAL PAPER Disentangling Crowdfunding from Fraudfunding Douglas Cumming1,2 · Lars Hornuf3,5 · Moein Karami4 · Denis Schweizer4 Received: 31 August 2020 / …