The graph below is based on the average closing price of company stock during the six-day period prior to public announcement of the problem compared to the six-day period following the public announcement of the problem.

The graph below is based on the average closing price of company stock during the-six day period prior to the public announcement of the problem compared to the six-day period following the public announcement of the problem.

Although U. S. companies have been hit recently with many accounting, insider trading and corporate governance issues, this is far from being limited to a U. S. problem. Recent problems are headlines in the U. S. media, in part because it was thought public reporting and enforcement practices were better than in many other countries.  For more information about similar problems in other countries, click on this link.

http://knowledge.wharton.upenn.edu/articles.cfm?catid=1&articleid=585