Defense Procurement Fraud
Author: United States. Department of Justice. Office of Legal Education
Publisher:
Published: 1990
Total Pages: 932
ISBN-13:
DOWNLOAD EBOOK →Author: United States. Department of Justice. Office of Legal Education
Publisher:
Published: 1990
Total Pages: 932
ISBN-13:
DOWNLOAD EBOOK →Author: United States. General Accounting Office
Publisher:
Published: 1986
Total Pages: 76
ISBN-13:
DOWNLOAD EBOOK →Author: United States. General Accounting Office
Publisher:
Published: 1988
Total Pages: 44
ISBN-13:
DOWNLOAD EBOOK →Author: United States. General Accounting Office
Publisher:
Published: 1992
Total Pages: 20
ISBN-13:
DOWNLOAD EBOOK →Author: United States. Department of Justice. Office of Legal Education
Publisher:
Published: 1990
Total Pages:
ISBN-13:
DOWNLOAD EBOOK →Author: United States. Congress. House. Committee on Government Operations. Legislation and National Security Subcommittee
Publisher:
Published: 1989
Total Pages: 306
ISBN-13:
DOWNLOAD EBOOK →Author: Michael J. Davidson
Publisher:
Published: 2008
Total Pages: 190
ISBN-13:
DOWNLOAD EBOOK →Fraud has been a persistent threat to the integrity of the federal procurement system, especially for the American military, since the days of the American Revolution. Recent reports of corrupt contractors and corrupted government officials clearly show that the problem remains unabated. This is a study of the history of procurement fraud, with a particular focus on the defense industry, an analysis of various systemic failures in the government s corruption control legal regime, and a series of proposals to strengthen the government s ability to combat it. About the author: Michael J. Davidson enlisted in the U.S. Army in 1977. He graduated from West Point in 1982 and served as both an artillery officer and as an Army lawyer before retiring as a Lieutenant Colonel in 2002. He is currently a lawyer with the federal government. After obtaining his law degree from the College of William and Mary, he obtained a master s degree in military law from the Army s Judge Advocate General s School, a second master s degree in government procurement law from George Washington University, and a Doctor of Judicial Science from George Washington University. As a lawyer, he has experience with procurement fraud in the criminal, civil, administrative and contractual contexts. He lives in Fairfax, Virginia with his wife, Nancy, and their three daughters."
Author: Jonathan M. Karpoff
Publisher:
Published: 2017
Total Pages: 34
ISBN-13:
DOWNLOAD EBOOK →Press reports of military procurement fraud investigations, indictments, and suspensions are associated with significantly negative average abnormal returns in the stocks of affected firms. Abnormal stock returns are significantly less negative, however, for firms ranking among the Top 100 defense contractors than for unranked contractors, even after controlling for firm size, the fraud's characteristics, and the firm's recidivism. Unranked contractors are penalized heavily for procurement frauds, experiencing both a decline in market value and a subsequent loss in government-derived revenues. Furthermore, these losses are related to the percentage of the firm's revenues that derive from government contracts. Influential contractors, in contrast, are penalized lightly, experiencing negligible changes in share value and government contract revenue.