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Investors saw less risk in 'corrupt' companies amid pause in US anti-bribery law

By Samuel Rubenfeld ( December 23, 2025, 14:31 GMT | Comment) -- On the February day that President Trump ordered a pause on enforcement of a key US anti-bribery law, companies previously targeted under that law whose stocks are publicly traded saw an average gain in market capitalization of $160 million above expected performance, according to a recent study. Companies at the highest risk of enforcement, those identified as having ongoing investigations, saw the largest abnormally positive returns.On the February day that President Trump ordered a pause on enforcement of a key US anti-bribery law, companies previously targeted under that law whose stocks are publicly traded saw an average gain in market capitalization of $160 million above expected performance, according to a recent study....

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