The effectiveness of white-collar crime enforcement : evidence from the war on terror
Abstract/Contents
- Abstract
- This paper studies the deterrent effect of criminal enforcement on white-collar criminal activities. Using the 9/11 terrorist attacks as a shock to the FBI's allocation of investigative resources and priorities, and variations in the Muslim population in the United States as a measure of geographic variations in the shock, I examine two questions: (1) Does the bureau's shift to counter-terrorism investigations after 9/11 lead to a reduction in the enforcement of laws targeting white-collar crime? (2) Does white-collar crime increase as a result of less enforcement? Using a difference-in-differences estimation approach, I find that there is a significantly greater reduction in white-collar criminal cases referred by FBI field offices that shift their investigative focus away from white-collar crime to counter-terrorism. I also find that areas overseen by FBI field offices that shift their attention from white-collar crime to counter-terrorism experience a significantly greater increase in wire fraud, illegal insider trading activities, and fraud within financial institutions.
Description
| Type of resource | text |
|---|---|
| Form | electronic resource; remote; computer; online resource |
| Extent | 1 online resource. |
| Place | California |
| Place | [Stanford, California] |
| Publisher | [Stanford University] |
| Copyright date | 2018; ©2018 |
| Publication date | 2018; 2018 |
| Issuance | monographic |
| Language | English |
Creators/Contributors
| Author | Nguyen, Trung Thi Hoai |
|---|---|
| Degree supervisor | Larcker, David F |
| Thesis advisor | Larcker, David F |
| Thesis advisor | Beyer, Anne |
| Thesis advisor | Cohen, Lauren |
| Thesis advisor | McNichols, Maureen, 1953- |
| Thesis advisor | Piotroski, Joseph D. (Joseph David) |
| Degree committee member | Beyer, Anne |
| Degree committee member | Cohen, Lauren |
| Degree committee member | McNichols, Maureen, 1953- |
| Degree committee member | Piotroski, Joseph D. (Joseph David) |
| Associated with | Stanford University, Graduate School of Business. |
Subjects
| Genre | Theses |
|---|---|
| Genre | Text |
Bibliographic information
| Statement of responsibility | Trung Thi Hoai Nguyen. |
|---|---|
| Note | Submitted to the Graduate School of Business. |
| Thesis | Thesis Ph.D. Stanford University 2018. |
| Location | electronic resource |
Access conditions
- Copyright
- © 2018 by Trung Thi Hoai Nguyen
- License
- This work is licensed under a Creative Commons Attribution Non Commercial 3.0 Unported license (CC BY-NC).
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