The Press as a Watchdog for Accounting Fraud

By Gregory S. Miller. 2006

910 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/3932d4a3bf7b20e2ca6fd2081e57bad433a2294a

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Citations in the corpus

Information Environment and the Investment Decisions of Multinational Corporations (2013, methodology): “Prior research finds that the pressure created by press coverage can play an important role in monitoring and disciplining firms (Djankov et al., 2002; Dyck and Zingales, 2002; Miller, 2006).”
New Evidence on the Role of the Media in Corporate Social Responsibility (2016, positive): “Consistent with these conjectures, Miller (2006) finds that large U.S. firms are more likely to have accounting fraud identified in the press.”
Do Analysts Matter for Governance? Evidence from Natural Experiments (2015, background): “…analysts provide indirect monitoring by distributing public and private information to institutional investors and millions of individual investors through research reports and media outlets such as newspapers and TV programs (Miller, 2006), helping investors to detect managerial misbehavior2.”
How pervasive is corporate fraud? (2013, neutral): “Yet, the sample may be overly restrictive because the SEC does not have the budget to go after all frauds (e.g. Dechow, Sloan and Sweeney (1996), Miller (2006), and KKLM).”
Independent Director Reputation Incentives and Stock Price Informativeness (2017, background): “By contrast, public information is subject to scrutiny by outside parties such as analysts, auditors, regulators and the media (Armstrong, Core and Guay, 2014; Miller, 2006).”
The Governance Effect of the Media's News Dissemination Role: Evidence from Insider Trading (2015, neutral): “(Miller [2006]).”
Costly Information Processing: Evidence from Earnings Announcements (2008, background): “…trend in the literature demonstrating the key role of the media as an information intermediary (Huberman and Regev (2001), Dick and Zingales (2002, 2003), Miller (2006), Tetlock (2007), Tetlock et al. (2007), Bushee et al. (2007), Bhattacharya et al. (2008) and Mullainathan and Shleifer (2005)).”
Connecting the Dots – Bringing External Corporate Governance into the Corporate Governance Puzzle (2015, neutral): “, 2010; Liu & McConnell, 2013), and in some cases the media can actually serve as a watchdog by monitoring the actions of top managers (Miller, 2006).”
The Corporate Governance Role of the Media: Evidence from Russia (2006, background): “We collected all the major corporate governance abuses occurring in Russia in the period 1999-2002 and studied whether they were somehow readdressed.”
Public Pressure and Corporate Tax Behavior (2016, positive): “Second, our evidence suggests that activist groups can have a meaningful influence on firm outcomes, improving our understanding of the role of non-traditional monitors in overseeing firm behavior (Miller 2006; Dyck et al. 2008; Dyck et al. 2010).”
The Media and Mispricing: The Role of the Business Press in the Pricing of Accounting Information (2014, neutral): “information, and who also rely on managers for information (Dyck and Zingales 2003; Miller 2006).”
The Power of the Pen and Executive Compensation (2008, background): “We also expect that firm size is a key determinant of publicity (see Jensen, 1979; Miller, 2006).”