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21st Century Corporate Financial Fraud, United States, 2005-2010

Metadata Updated: November 28, 2023

The Corporate Financial Fraud project is a study of company and top-executive characteristics of firms that ultimately violated Securities and Exchange Commission (SEC) financial accounting and securities fraud provisions compared to a sample of public companies that did not. The fraud firm sample was identified through systematic review of SEC accounting enforcement releases from 2005-2010, which included administrative and civil actions, and referrals for criminal prosecution that were identified through mentions in enforcement release, indictments, and news searches. The non-fraud firms were randomly selected from among nearly 10,000 US public companies censused and active during at least one year between 2005-2010 in Standard and Poor's Compustat data. The Company and Top-Executive (CEO) databases combine information from numerous publicly available sources, many in raw form that were hand-coded (e.g., for fraud firms: Accounting and Auditing Enforcement Releases (AAER) enforcement releases, investigation summaries, SEC-filed complaints, litigation proceedings and case outcomes). Financial and structural information on companies for the year leading up to the financial fraud (or around year 2000 for non-fraud firms) was collected from Compustat financial statement data on Form 10-Ks, and supplemented by hand-collected data from original company 10-Ks, proxy statements, or other financial reports accessed via Electronic Data Gathering, Analysis, and Retrieval (EDGAR), SEC's data-gathering search tool. For CEOs, data on personal background characteristics were collected from Execucomp and BoardEx databases, supplemented by hand-collection from proxy-statement biographies.

Access & Use Information

Restricted: This dataset can only be accessed or used under certain conditions. License: us-pd

Downloads & Resources

Dates

Metadata Created Date February 13, 2023
Metadata Updated Date November 28, 2023

Metadata Source

Harvested from DOJ JSON

Additional Metadata

Resource Type Dataset
Metadata Created Date February 13, 2023
Metadata Updated Date November 28, 2023
Publisher National Institute of Justice
Maintainer
Identifier 4262
Data First Published 2021-06-29T13:34:36
Language eng
Data Last Modified 2021-06-29T13:44:50
Rights These data are restricted due to the increased risk of violation of confidentiality of respondent and subject data.
Public Access Level restricted public
Bureau Code 011:21
Metadata Context https://project-open-data.cio.gov/v1.1/schema/catalog.jsonld
Metadata Catalog ID https://www.justice.gov/data.json
Schema Version https://project-open-data.cio.gov/v1.1/schema
Catalog Describedby https://project-open-data.cio.gov/v1.1/schema/catalog.json
Harvest Object Id dc5671d4-78ac-4ba8-849a-1c43e62611db
Harvest Source Id 3290e90a-116f-42fc-86ac-e65521ef3b68
Harvest Source Title DOJ JSON
License http://www.usa.gov/publicdomain/label/1.0/
Program Code 011:060
Publisher Hierarchy Office of Justice Programs > National Institute of Justice
Source Datajson Identifier True
Source Hash 65236731c305ef6d58d408656debb92ab6adce9f82262fbac7acad4fc1edfd27
Source Schema Version 1.1

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