'No' to Stock-Based Compensation for Directors: Is there an Association between Directors' Compensation and Financial Statements Fraud? Forthcoming in Journal of International Accounting, Auditing and Taxation (JIAAT)
Key Points
Directors' compensation influences the likelihood of financial statements fraud, highlighting governance issues.
The analysis indicates a significant connection, with stock-based compensation potentially increasing fraud risk.
Assessment of financial statements reveals discrepancies linked to directors' compensation practices.
This suggests that improved oversight could reduce the risk of fraud in financial disclosures.
'No' to Stock-Based Compensation for Directors: Is there an Association between Directors' Compensation and Financial Statements Fraud? Forthcoming in Journal of International Accounting, Auditing and Taxation (JIAAT) | Synapse