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| Type | Scientific Publication In Electronic Form |
| Scope | Discipline-based scholarship |
| Title | Investing in managerial honesty |
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| Place of Publication | London |
| Publisher | VOX CEPR Policy Portal |
| Date | 2018-11-05 |
| Abstract Text | Corporate fraud and managerial deception have been pervasive and value-destroying in recent decades. This column analyses whether investors form views about a CEO’s honesty based on his or her previous actions, and how this affects investment decisions. A CEO who has resisted, at personal cost, engaging in earnings management is perceived as being more committed to honesty, which appeals to pro-social investors. Pro-self investors, on the other hand, value honesty when it comes to information regarding investment returns. |
| Official URL | https://voxeu.org/article/investing-managerial-honesty |
| Other Identification Number | merlin-id:17199 |
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