Jonathan M Karpoff
Biographic Data
| ID | 1454765 |
|---|---|
| NAME | Jonathan M Karpoff |
| GIVEN NAMES | Jonathan M |
| FAMILY NAME | Karpoff |
| SIGNATURE | KARPOFF J M |
| AFFILIATIONS | University of Washington |
| ORCID | 0000-0002-5981-8320 |
| VERIFIED | Yes |
| TOTAL WORKS | 8 |
| TOTAL CITATIONS | 13 |
| AUTHOR COUNT | 8 |
| EDITOR COUNT | 0 |
| FIRST PUBLICATION YEAR | 1987 |
| LATEST PUBLICATION YEAR | 2014 |
| H-INDEX | 3 |
Grey areas
Journal Article Grey areas: irresponsible corporations and reputational dynamics Get access Gregory Jackson, Gregory Jackson * *Correspondence: [email protected] Search for other works by this author on: Oxford Academic Google Scholar Stephen Brammer, Stephen Brammer Search for other works by this author on: Oxford Academic Google Scholar Jonathan M. Karpoff, Jonathan M. Karpoff Search for other works by this author on: Oxford Academic…
Corporate Reputation Roundtable
he Editors asked authors to recall instances, drawn from their research, when problems of reputation had signifi cant consequences. The following short essays highlight moments of reputational crisis, or evolution, for mail order houses, automobile companies, investment banks, high-tech companies, health-care providers, and more
The Cost to Firms of Cooking the Books
We examine the penalties imposed on the 585 firms targeted by SEC enforcement actions for financial misrepresentation from 1978–2002, which we track through November 15, 2005. The penalties imposed on firms through the legal system average only $23.5 million per firm. The penalties imposed by the market, in contrast, are huge. Our point estimate of the reputational penalty—which we define as the expected loss in the present value of future cash f…
The Reputational Penalties for Environmental Violations
This paper examines the sizes of the fines, damage awards, remediation costs, and market value losses imposed on companies that violate environmental regulations. Firms that violate environmental laws suffer statistically significant losses in the market value of firm equity. The losses, however, are of similar magnitudes to the legal penalties imposed, and in the cross section, the market value loss is related to the size of the legal penalty. T…
Public versus Private Initiative in Arctic Exploration
From 1818 to 1909, 35 government and 57 privately funded expeditions sought to locate and navigate a Northwest Passage, discover the North Pole, and make other significant discoveries in Arctic regions. Most major Arctic discoveries were made by private expeditions. Most tragedies were publicly funded. Public expeditions were better funded than their private counterparts yet lost more ships, experienced poorer crew health, and had more men die. P…
The reputational penalty firms bear from committing criminal fraud
Optimal penalties for corporate fraud require that firms face expected penalties equal to the total social costs of the crime. Yet formal courtimposed sanctions for committing fraud often represent a small fraction of the damage produced by the fraud. Sheer and Ho (1989), for example, estimate that the median and mean ratios of criminal fines to the private loss from private fraud were 0.14 and 0.73 in 1988. The corresponding median and mean rati…
The Economics of Organised Crime
This is the first book to use economic theory in the analysis of all the different aspects of organised crime: the origins, the internal organisation, market behaviour and deterrence policies. The theory of rent-seeking is adopted to help understand the origin of criminal organisations from a state of anarchy, while modern industrial organisation theory is used to explain the design of internal rules in the organised crime sector. The market beha…
Suboptimal Controls in Common Resource Management
Grey areas
Journal Article Grey areas: irresponsible corporations and reputational dynamics Get access Gregory Jackson, Gregory Jackson * *Correspondence: [email protected] Search for other works by this author on: Oxford Academic Google Scholar Stephen Brammer, Stephen Brammer Search for other works by this author on: Oxford Academic Google Scholar Jonathan M. Karpoff, Jonathan M. Karpoff Search for other works by this author on: Oxford Academic…
Public versus Private Initiative in Arctic Exploration
From 1818 to 1909, 35 government and 57 privately funded expeditions sought to locate and navigate a Northwest Passage, discover the North Pole, and make other significant discoveries in Arctic regions. Most major Arctic discoveries were made by private expeditions. Most tragedies were publicly funded. Public expeditions were better funded than their private counterparts yet lost more ships, experienced poorer crew health, and had more men die. P…
Suboptimal Controls in Common Resource Management
Suboptimal Controls in Common Resource Management
The reputational penalty firms bear from committing criminal fraud
Optimal penalties for corporate fraud require that firms face expected penalties equal to the total social costs of the crime. Yet formal courtimposed sanctions for committing fraud often represent a small fraction of the damage produced by the fraud. Sheer and Ho (1989), for example, estimate that the median and mean ratios of criminal fines to the private loss from private fraud were 0.14 and 0.73 in 1988. The corresponding median and mean rati…
The Economics of Organised Crime
This is the first book to use economic theory in the analysis of all the different aspects of organised crime: the origins, the internal organisation, market behaviour and deterrence policies. The theory of rent-seeking is adopted to help understand the origin of criminal organisations from a state of anarchy, while modern industrial organisation theory is used to explain the design of internal rules in the organised crime sector. The market beha…
Public versus Private Initiative in Arctic Exploration
From 1818 to 1909, 35 government and 57 privately funded expeditions sought to locate and navigate a Northwest Passage, discover the North Pole, and make other significant discoveries in Arctic regions. Most major Arctic discoveries were made by private expeditions. Most tragedies were publicly funded. Public expeditions were better funded than their private counterparts yet lost more ships, experienced poorer crew health, and had more men die. P…
The Reputational Penalties for Environmental Violations
This paper examines the sizes of the fines, damage awards, remediation costs, and market value losses imposed on companies that violate environmental regulations. Firms that violate environmental laws suffer statistically significant losses in the market value of firm equity. The losses, however, are of similar magnitudes to the legal penalties imposed, and in the cross section, the market value loss is related to the size of the legal penalty. T…
The Cost to Firms of Cooking the Books
We examine the penalties imposed on the 585 firms targeted by SEC enforcement actions for financial misrepresentation from 1978–2002, which we track through November 15, 2005. The penalties imposed on firms through the legal system average only $23.5 million per firm. The penalties imposed by the market, in contrast, are huge. Our point estimate of the reputational penalty—which we define as the expected loss in the present value of future cash f…
Corporate Reputation Roundtable
he Editors asked authors to recall instances, drawn from their research, when problems of reputation had signifi cant consequences. The following short essays highlight moments of reputational crisis, or evolution, for mail order houses, automobile companies, investment banks, high-tech companies, health-care providers, and more
Grey areas
Journal Article Grey areas: irresponsible corporations and reputational dynamics Get access Gregory Jackson, Gregory Jackson * *Correspondence: [email protected] Search for other works by this author on: Oxford Academic Google Scholar Stephen Brammer, Stephen Brammer Search for other works by this author on: Oxford Academic Google Scholar Jonathan M. Karpoff, Jonathan M. Karpoff Search for other works by this author on: Oxford Academic…
Business (7 works) · Law (6 works) · Economics (5 works) · Political science (5 works) · Computer Science (3 works) · Finance (3 works) · Law, Economics, and Judicial Systems (3 works) · Microeconomics (3 works) · Reputation (3 works) · Biology (2 works)