CEO’s Conspicuous Consumption May Be Red Flag For Corporate Fraud: Study

Which CEOs drive a Rolls to work? That could be an important question for government regulators looking to crack down on corporate fraud. It’s not that executives who spend money on lavish luxury goods are more likely to commit fraud. But they may be more likely to sit at the head of a company where fraud is occurring, according to a new paper from the National Bureau of Economic Research.

Story length: 366 words

Access the full story here. (Also contains 2.28 min video clip on trends in CEO compensation in the U.S.)

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