Impact of judgment readability on financial crimes

IF 7.4 2区经济学 Q1 BUSINESS, FINANCE

Finance Research Letters Pub Date : 2025-01-23 DOI:10.1016/j.frl.2025.106779

Jalaj Pathak

引用次数: 0

Abstract

Using NLP techniques, we extract the financial judgments from the overall set of supreme court judgments and find a one-unit increase in readability, implying harder-to-comprehend supreme court judgments, is significantly associated with a 2% increase in financial crimes for the next year. The results hold true for different categories of financial crimes and are robust to the other proxies for readability. This is in line with the theories of how the comprehensibility of the judgments often leaves scope for debate and calls for easier-to-read and comprehensible judgments so that such loopholes can be avoided.

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来源期刊

Finance Research Letters BUSINESS, FINANCE-

CiteScore

11.10

自引率

14.40%

发文量

863

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