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Questions about the future of the Social Security system continue to surface. As a result, interest in employer-sponsored retirement plans and other retirement investment options increases. But the restrictions and rules associated with various defined benefit plans such as 401(k), 403 (b), and...
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In the United States, retirement savings are trending toward defined contribution plans rather than defined benefit plans. The reasons are many, but dissatisfaction with defined benefit plans and questions regarding the sustainability of Social Security point to increased interest in 401(k),...
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We examine the relationship between allegations of corporate misconduct and changes in profitability and risk of the alleged offender. Profitability is measured as reported earnings and analysts' earnings forecasts. Risk is measured as stock return volatility and concordance among analysts'...
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