Exemplary Outsiders?: Immigrant CEOs and Financial Misrepresentation

Michael Mueller; Taco H. Reus

doi:10.5465/AMBPP.2022.78

Exemplary Outsiders? Immigrant CEOs and Financial Misrepresentation

Michael Mueller^*, Taco H. Reus

^*Corresponding author af dette arbejde

Institut for International Økonomi, Politik og Business

Erasmus Universiteit Rotterdam

Publikation: Bidrag til bog/antologi/rapport › Konferenceabstrakt i proceedings › Forskning › peer review

Abstract

We examine the role of CEOs' national origins on financial misrepresentation. Building on the economic theory of crime, we propose that, because immigrant CEOs are subject to more scrutiny and face more severe punishment in case of misconduct, immigrant CEOs will be less likely to misrepresent their firms’ financial results. We find evidence for this proposition for a sample of US-headquartered Information and Communications Technology firms that went public between 2000 and 2015. Specifically, we find that firms with an immigrant CEO have a lower likelihood of financial misrepresentation than native-led firms, particularly when immigrant CEOs are also their firm’s founders. Our paper contributes to research on corporate misconduct, immigrant entrepreneurship, and the broader discussion on the relationship between immigration and crime.

Originalsprog	Engelsk
Titel	Proceedings of the Eighty-second Annual Meeting of the Academy of Management
Redaktører	Sonja Taneja
Antal sider	6
Udgivelsessted	Briarcliff Manor, NY
Forlag	Academy of Management
Publikationsdato	2022
Artikelnummer	78
DOI	https://doi.org/10.5465/AMBPP.2022.78
Status	Udgivet - 2022
Begivenhed	The Academy of Management Annual Meeting 2022: Creating a Better World Together - Seattle, USA Varighed: 5 aug. 2022 → 9 aug. 2022 Konferencens nummer: 82 https://2022.aom.org/

Konference

Konference	The Academy of Management Annual Meeting 2022
Nummer	82
Land/Område	USA
By	Seattle
Periode	05/08/2022 → 09/08/2022
Internetadresse	https://2022.aom.org/

Navn	Academy of Management Proceedings
ISSN	0065-0668

Emneord

AOM annual meeting proceedings 2022
AOM Seattle 2022
Best paper

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Citationsformater

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abstract = "We examine the role of CEOs' national origins on financial misrepresentation. Building on the economic theory of crime, we propose that, because immigrant CEOs are subject to more scrutiny and face more severe punishment in case of misconduct, immigrant CEOs will be less likely to misrepresent their firms{\textquoteright} financial results. We find evidence for this proposition for a sample of US-headquartered Information and Communications Technology firms that went public between 2000 and 2015. Specifically, we find that firms with an immigrant CEO have a lower likelihood of financial misrepresentation than native-led firms, particularly when immigrant CEOs are also their firm{\textquoteright}s founders. Our paper contributes to research on corporate misconduct, immigrant entrepreneurship, and the broader discussion on the relationship between immigration and crime.",

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Mueller, M & Reus, TH 2022, Exemplary Outsiders? Immigrant CEOs and Financial Misrepresentation. i S Taneja (red.), Proceedings of the Eighty-second Annual Meeting of the Academy of Management., 78, Academy of Management, Briarcliff Manor, NY, Academy of Management Proceedings, The Academy of Management Annual Meeting 2022, Seattle, Washington, USA, 05/08/2022. https://doi.org/10.5465/AMBPP.2022.78

Exemplary Outsiders? Immigrant CEOs and Financial Misrepresentation. / Mueller, Michael; Reus, Taco H.
Proceedings of the Eighty-second Annual Meeting of the Academy of Management. red. / Sonja Taneja. Briarcliff Manor, NY: Academy of Management, 2022. 78 (Academy of Management Proceedings).

Publikation: Bidrag til bog/antologi/rapport › Konferenceabstrakt i proceedings › Forskning › peer review

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