By Stefan Schaffer, Partner - EY, Paul Wang, Partner - EY 2019-01-15T14:24:31.267+00:00
A new study from Florida International University professors says retailers such as Urban Outfitters, Foot Locker, and Abercrombie Fitch—that have a significant use of operating leases—reported abnormal stock returns when they disclosed earnings.
Airbus confirmed it has reached a deal with authorities in the United States, the United Kingdom, and France to resolve long-running allegations of bribery and corruption. The settlement could reportedly be worth billions.
Lack of campaign finance transparency and increased perceptions of political power among the wealthy are factors that correlate with a high risk of corruption according to Transparency International’s 2019 Corruption Perceptions Index.