Dr. John H. Nugent, Are Large Corporate Fines Levied on the Right Party and Do They Have Long Term Negative Consequences?

Author: Dr. John H. Nugent, BSL DBA graduate, 1989

The paper of Dr. John H. Nugent – “Are Large Corporate Fines Levied on the Right Party and Do They Have Long Term Negative Consequences?” – won a SSRN Top 10 paper award, and was the subject of an interview with Nugent that appeared in The New York Times on April 22, 2013. It served as an information element for the U.S. Securities and Exchange Commission (SEC) which on June 28, 2013, established new rules as posited in Nugent’s paper (S.E.C. to Change Policy on Companies’ Admission of Guilt).