The Future of Fraud Detection: Research Findings on the Prevalence of Accounting Fraud By Lev Janashvili

“The probability of a company engaging in a fraud in any given year is 14.5%, and on average, corporate fraud costs investors 22 percent of enterprise value in fraud-committing firms.” 

Presentations from May 14 Seminar: New Frontiers in Risk Modeling

• The State of Corporate Governance: Drone Corporations — Robert AG Monks, Founder, and Ric Marshall, Chief Analyst, GMI Ratings
• After Enron: The Fingerprints of Fraud — James A. Kaplan, Vice Chairman and Founder, GMI Ratings
• The AGR Anomaly: Governance and the Mispricing of U.S. Stocks — Dr. Walter Torous, Senior Lecturer at the MIT Sloan School of Management

Event Alerts for Responsible Investors

In this week’s Event Alerts for Responsible Investors, we included 27 companies whose ESG and accounting risk profiles have been affected by recent events.

In the News

• Nell Minow: Four issues that test board responsiveness(Corporate Secretary Magazine, May 15)
• Call It What You Like, New Investing Approach Gains Followers(Bloomberg, May 15)