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Gary Cohn

As Assistant to the President for Economic Policy and Director of the National Economic Council (2017-2018), Gary Cohn managed the US economic policy agenda, stimulating economic expansion, job creation, and wage increases through historic tax and regulatory reform. Prior to that he was the President and Chief Operating Officer at Goldman Sachs where he worked for more than 25 years.

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How Common is Corporate Fraud?

by Starling Insights

Starling Insights Editorial Board

Feb 09, 2023

Observations

A recent study on corporate crime suggests accounting fraud may be endemic among US public companies. The researchers — Alexander Dyck (University of Toronto), Adair Morse (University of California, Berkeley), and Luigi Zingales (University of Chicago) — estimate that 41% of public companies materially misstate their financial accounts, and at least 10% engage in securities fraud.

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How Common is Corporate Fraud?

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