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Capture
The Chicago School
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The Green Economy
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ProMarket Mentions
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Insights shaping the future of capitalism
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Topics
Capture
The Chicago School
Culture & Society
The Digital Economy
Economic History
The Equitable Economy
The Green Economy
The Information Economy
International Economics
The Role of the State
About
ProMarket Mentions
bank
Fear of Punishment Distorts Bank Financial Reporting
Hamid Mehran
When bank employees are afraid of punishment from regulators, they are likely to conceal information about their faulty decisions. This in turn distorts the...
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