Therefore, the economy can avoid a deterioration in the aggregate supply and growth trend after financial crises through such measures.
Falsification and fraud are highly destructive to free-market capitalism and, more broadly, to the underpinnings of our society. In recent years, shareholders and potential investors would have been protected from widespread misinformation if any one of the many bulwarks safeguarding appropriate corporate evaluation had  BIS Review 44/2002  3  held. In too many cases, none did.