The Deterrence Effect of Whistleblowing

Publikation: Working paperForskning

Standard

The Deterrence Effect of Whistleblowing. / Johannesen, Niels; Stolper, Tim .

2017.

Publikation: Working paperForskning

Harvard

Johannesen, N & Stolper, T 2017 'The Deterrence Effect of Whistleblowing'. <http://web.econ.ku.dk/eprn_epru/Workings_Papers/WP-2017-01.pdf>

APA

Johannesen, N., & Stolper, T. (2017). The Deterrence Effect of Whistleblowing. EPRU Working Paper Series Bind 2017 Nr. 1 http://web.econ.ku.dk/eprn_epru/Workings_Papers/WP-2017-01.pdf

Vancouver

Johannesen N, Stolper T. The Deterrence Effect of Whistleblowing. 2017.

Author

Johannesen, Niels ; Stolper, Tim . / The Deterrence Effect of Whistleblowing. 2017. (EPRU Working Paper Series; Nr. 1, Bind 2017).

Bibtex

@techreport{56f99191c9d142a48a281ecf4aa3d71d,
title = "The Deterrence Effect of Whistleblowing",
abstract = "We document that the first leak of customer information from a tax haven bank caused a signifficant decrease in the market value of Swiss banks known to be assisting with tax evasion and that the decrease was largest for the banks most strongly involved. These findings suggest that markets expected the leak to increase the perceived risk of committing and assisting with tax evasion and thus to lower both demand and supply in the market for criminal offshore banking services. This interpretation finds support in further evidence that the leak caused a sharp drop in foreign-owned deposits in tax havens.",
keywords = "Faculty of Social Sciences, whistleblowing, economic crime, tax evasion, tax havens",
author = "Niels Johannesen and Tim Stolper",
year = "2017",
language = "English",
series = "EPRU Working Paper Series",
publisher = "Economic Policy Research Unit, Department of Economics, University of Copenhagen",
number = "1",
type = "WorkingPaper",
institution = "Economic Policy Research Unit, Department of Economics, University of Copenhagen",

}

RIS

TY - UNPB

T1 - The Deterrence Effect of Whistleblowing

AU - Johannesen, Niels

AU - Stolper, Tim

PY - 2017

Y1 - 2017

N2 - We document that the first leak of customer information from a tax haven bank caused a signifficant decrease in the market value of Swiss banks known to be assisting with tax evasion and that the decrease was largest for the banks most strongly involved. These findings suggest that markets expected the leak to increase the perceived risk of committing and assisting with tax evasion and thus to lower both demand and supply in the market for criminal offshore banking services. This interpretation finds support in further evidence that the leak caused a sharp drop in foreign-owned deposits in tax havens.

AB - We document that the first leak of customer information from a tax haven bank caused a signifficant decrease in the market value of Swiss banks known to be assisting with tax evasion and that the decrease was largest for the banks most strongly involved. These findings suggest that markets expected the leak to increase the perceived risk of committing and assisting with tax evasion and thus to lower both demand and supply in the market for criminal offshore banking services. This interpretation finds support in further evidence that the leak caused a sharp drop in foreign-owned deposits in tax havens.

KW - Faculty of Social Sciences

KW - whistleblowing

KW - economic crime

KW - tax evasion

KW - tax havens

M3 - Working paper

T3 - EPRU Working Paper Series

BT - The Deterrence Effect of Whistleblowing

ER -

ID: 185616810