Introduction
Jonathan M. Karpoff has particular interest in what drives executives to commit corporate crimes and misdemeanors. Here, he explains how a breakdown of trust can have long-term repercussions for individual corporations and how it led to the wider financial collapse of 2008–2009.
A professor of finance at the University of Washington’s Michael G. Foster School of Business, Karpoff is also associate editor of a number of academic journals including the Journal of Finance. Karpoff won the best paper award in the CRSP Forum at the University of Chicago in both 2006 and 2008 for his research into corporate and financial scandals. Karpoff was the founding director of the University of Washington’s environmental management program and was director of its CFO Forum from 2004–2007.Karpoff’s extra-curricular activities include rock climbing, mountaineering, and adventure skate skiing in the Cascade Mountains. He received his BA (1978) from the University of Alaska/Anchorage, and his MA (1980) and PhD (1982) degrees from UCLA.
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