{"volume":19,"publisher":"Walter de Gruyter GmbH","date_created":"2025-01-06T08:34:18Z","publication_identifier":{"issn":["1468-0475","1465-6485"]},"intvolume":"        19","publication_status":"published","page":"309-329","title":"Benford and the Internal Capital Market: A Useful Indicator of Managerial Engagement","abstract":[{"text":"<jats:title>Abstract</jats:title>\r\n               <jats:p> We propose the application of digit analysis using the Benford law to indicate managerial engagement in the capital allocation process. First, we motivate the potential of the Benford digit analysis to identify allocation outcomes that are shaped by human engagement instead of fixed decision rules. Second, we provide a case study to illustrate how the Benford digit analysis can be used to detect allocations affected by managerial interventions. We are unaware of any study applying the Benford test to internal capital markets, while this approach appears very useful in this context. It is commonly used in the auditing, financial accounting, and fraud detection literature.</jats:p>","lang":"eng"}],"citation":{"ieee":"F. El Mouaaouy and J. Riepe, “Benford and the Internal Capital Market: A Useful Indicator of Managerial Engagement,” <i>German Economic Review</i>, vol. 19, no. 3, pp. 309–329, 2017, doi: <a href=\"https://doi.org/10.1111/geer.12129\">10.1111/geer.12129</a>.","ama":"El Mouaaouy F, Riepe J. Benford and the Internal Capital Market: A Useful Indicator of Managerial Engagement. <i>German Economic Review</i>. 2017;19(3):309-329. doi:<a href=\"https://doi.org/10.1111/geer.12129\">10.1111/geer.12129</a>","apa":"El Mouaaouy, F., &#38; Riepe, J. (2017). Benford and the Internal Capital Market: A Useful Indicator of Managerial Engagement. <i>German Economic Review</i>, <i>19</i>(3), 309–329. <a href=\"https://doi.org/10.1111/geer.12129\">https://doi.org/10.1111/geer.12129</a>","bibtex":"@article{El Mouaaouy_Riepe_2017, title={Benford and the Internal Capital Market: A Useful Indicator of Managerial Engagement}, volume={19}, DOI={<a href=\"https://doi.org/10.1111/geer.12129\">10.1111/geer.12129</a>}, number={3}, journal={German Economic Review}, publisher={Walter de Gruyter GmbH}, author={El Mouaaouy, Florian and Riepe, Jan}, year={2017}, pages={309–329} }","chicago":"El Mouaaouy, Florian, and Jan Riepe. “Benford and the Internal Capital Market: A Useful Indicator of Managerial Engagement.” <i>German Economic Review</i> 19, no. 3 (2017): 309–29. <a href=\"https://doi.org/10.1111/geer.12129\">https://doi.org/10.1111/geer.12129</a>.","mla":"El Mouaaouy, Florian, and Jan Riepe. “Benford and the Internal Capital Market: A Useful Indicator of Managerial Engagement.” <i>German Economic Review</i>, vol. 19, no. 3, Walter de Gruyter GmbH, 2017, pp. 309–29, doi:<a href=\"https://doi.org/10.1111/geer.12129\">10.1111/geer.12129</a>.","short":"F. El Mouaaouy, J. Riepe, German Economic Review 19 (2017) 309–329."},"date_updated":"2025-01-06T08:34:25Z","user_id":"91345","status":"public","year":"2017","doi":"10.1111/geer.12129","_id":"57943","language":[{"iso":"eng"}],"author":[{"full_name":"El Mouaaouy, Florian","last_name":"El Mouaaouy","first_name":"Florian"},{"last_name":"Riepe","full_name":"Riepe, Jan","id":"86351","first_name":"Jan"}],"issue":"3","publication":"German Economic Review","type":"journal_article"}