• 【光华讲坛】Whistleblowing Threat and Corporate Disclosure(吹哨威胁与公司披露)
    发布时间:2022-04-15 查看次数:

    光华讲坛


    主题Whistleblowing Threat and Corporate Disclosure(吹哨威胁与公司披露)

    主讲人:黄 颖 德州大学达拉斯分校(University of Texas at Dallas

    主持人:唐雪松 金沙娱场手机版8336

    时间:2022年4月19日(周二) 9:30—11:00

    腾讯会议:753-491-389

    主办单位:金沙娱场手机版8336 科研处


    主讲人简介:黄颖教授于2017年在德州大学奥斯汀分校获得会计学博士学位后,加入德州大学达拉斯分校(University of Texas at Dallas)担任会计学助理教授。黄颖教授的主要研究领域包括公司信息披露、政府补贴政策、公司社会责任, 其独立作者的论文发表于国际著名学术期刊Journal of Accounting and Economics。此外,其多篇合作论文发表于Journal of Accounting and Economics, Journal of Accounting Research, The Accounting Review, 以及Contemporary Accounting Research。由于其在学术上的卓越成绩,德州大学达拉斯分校于2020至2022期间两次授予黄颖教授Sydney Smith Hicks Fellow荣誉。


    摘要This study examines how the threat of whistleblowing affects managers’ voluntary disclosure incentives. As external whistleblowers play an important role in whistleblowing (Dyck et al. 2010), we argue that firms facing a heightened whistleblowing threat may reduce their public disclosure of information that is potentially useful for external whistleblowers. In particular, we argue that revealing a firm’s economic links to other firms is costly, because external whistleblowers could acquire relevant information through the links and because evidence of the firm’s misconduct could be discernible in economically connected firms. Using the states’ staggered adoptions of false claims acts (FCAs) to identify exogenous increases in firms’ risk of being whistleblown, we find that the state FCA adoptions lead to a significant decrease in firms’ disclosure of major customer identities. The effect is stronger for firms that are more likely to attract attention from external whistleblowers and firms that have more contractual exposure to the government.

    本研究考察了吹哨人威胁如何影响管理者的自愿披露。由于外部吹哨人在举报中发挥着重要作用(Dyck et al.,2010 年),我们认为面临高度举报威胁的公司可能会减少对外部吹哨人可能有用的信息的公开披露。特别是,我们认为披露一家公司与其他公司的经济联系代价高昂,因为外部吹哨人可以通过这些联系获得相关信息,而且公司不当行为的证据可以在经济相关的公司中辨别出来。利用各州分步实施欺诈索赔法案 (FCA)来识别公司被举报风险的外生增加,我们发现各州FCA的采用导致公司披露主要客户身份的信息显着减少。对于更有可能吸引外部吹哨人关注的公司和与政府有更多合同风险的公司,这种影响更强。