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February 1, 1997Academy of Management Journal

Paying the Piper: An Empirical Examination of Longer-Term Financial Consequences of Illegal Corporate Behavior.

Melissa S. Baucus David A. Baucus

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Abstract

Longer-term performance effects of corporate illegality were investigated. Results show that firms experience lower accounting returns over five years and slower sales growth in the third through f...

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Baucus et al. (1997) studied this question.

synapsesocial.com/papers/69d91a21f20ef26330684184 https://doi.org/10.2307/257023

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