By Flora Zhou, Assistant Professor of Accountancy, J. Mack Robinson College of Business, Georgia State University Firms are under increasing pressure to implement effective internal whistleblowing systems to avoid the potential Securities and Exchange Commission (SEC) investigation, fines and negative publicity associated with external whistleblowing. While firms can provide incentives to encourage internal whistleblowing, it remains […]
Tag: stocks
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High Risk, High Return? Perhaps Not: Cracking the Beta Anomaly of the Stock Market
By Scott Murray If you invest in high-risk stocks, you should expect, on average and in the long run, higher returns than if you invest in low-risk stocks, right? That’s what financial economic theory tells us, but when we looked at data on stock returns from 1963-2012, we found that portfolios containing high-risk stocks generate […]
