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

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.

[
  "011:21"
]

{
  "fn": "Open Data Office of Justice Programs (USDOJ)",
  "@type": "vcard:Contact",
  "hasEmail": "mailto:opendata@usdoj.gov"
}

false

[
  {
    "@type": "dcat:Distribution",
    "title": "21st Century Corporate Financial Fraud, United States, 2005-2010",
    "accessURL": "https://doi.org/10.3886/ICPSR37328.v1"
  }
]

"4262"

[
  "business elites",
  "corporate behavior",
  "corporate crime",
  "federal offenses",
  "finance",
  "fraud",
  "organizational behavior",
  "securities fraud",
  "white collar crime"
]

[
  "eng"
]

[
  "011:060"
]

{
  "name": "National Institute of Justice",
  "@type": "org:Organization",
  "subOrganizationOf": {
    "id": 22,
    "name": "Office of Justice Programs",
    "acronym": "OJP",
    "parentOrganization": {
      "id": 10,
      "name": "Department of Justice",
      "acronym": "DOJ"
    },
    "parentOrganizationID": 10
  }
}