Corporate fraud: a good deal for your company?
Corporate fraud; Accounting statements; Optimal Penalty Theory; Penalty cost
The general objective of the thesis is to verify the risk-benefit of corporate fraud in Brazil. To this end, three articles are presented in the body of this research, and the objectives of each of these studies are presented below. promote a discussion on whether the efforts and research agenda to understand the phenomenon – corporate fraud – are adequate; verify the effect of financial fraud on the company's investment efficiency; verify if the leniency agreements made in Brazil are rational enough to repair the damage without compromising the company's operational continuity.