Making differences work: Financial fraud detection based on multi-subject perceptions

Guowen Li, Shuai Wang and Yuyao Feng

Emerging Markets Review, 2024, vol. 60, issue C

Abstract: This study examines whether internal and external perceptions and perception differences can significantly improve the effectiveness of financial fraud detection. Specifically, we construct and validate management and media perceptions using various state-of-the-art methods. The empirical research is based on data from 2017–2021 from the Chinese market. The results reveal that the enhancement effect is more significant when considering multi-subject perceptions. A cross-sectional analysis and application of real scenarios further support the conclusions. The predictive direction and implications of perception indicators are fully discussed. The results imply that the media can perceive firms' potentially fraudulent behaviour and play a regulatory role.

Keywords: Multi-subject perceptions; Perception differences; Financial fraud detection; Media regulation (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S1566014124000293
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:ememar:v:60:y:2024:i:c:s1566014124000293

DOI: 10.1016/j.ememar.2024.101134

Access Statistics for this article

Emerging Markets Review is currently edited by Jonathan A. Batten

More articles in Emerging Markets Review from Elsevier
Bibliographic data for series maintained by Catherine Liu ().