... 0022-2186/2005/4802-0016$01.50 CORPORATE GOVERNANCE AND ACCOUNTING SCANDALS*ANUP AGRAWALUniversity of Alabama and SAHIBA CHADHAHSBC, New YorkAbstractThis paper empirically examines whether certain corporategovernancemechanismsare ... StockExchange, and the U.S. Securities and Exchange Commission; and conference participants atGeorgia Tech, the University of Virginia Law School, Vanderbilt University, the 2003 AmericanLaw and Economics ... 2002, at A1; and N.Y. Times, O’Neil Condemns Corporate Scandals, June 24,2002, at C2.4Bengt Holmstrom & Steven N. Kaplan, The State of U.S. Corporate Governance: What’sRight and What’s...