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summary the following statements consicely. Dependent Variables: Frequency of Securities Fraud Cases: This variable represents the outcome of interest, indicating the number of securities fraud
summary the following statements consicely. Dependent Variables: Frequency of Securities Fraud Cases: This variable represents the outcome of interest, indicating the number of securities fraud cases filed annually. Financial Market Integrity: This variable assesses the perceived integrity or trustworthiness of financial markets, which can be influenced by securities fraud incidents. Independent Variables: Economic Conditions: This variable reflects the overall health of economies and may impact the prevalence of securities fraud. Economic indicators such as GDP and unemployment rate can serve as proxies for economic conditions. Regulatory Measures: This variable indicates the presence and effectiveness of regulatory measures aimed at combating securities fraud. It could include binary variables indicating the presence or absence of specific regulations. Public Awareness Campaigns: This variable measures the level of public awareness about securities fraud and its consequences. It could involve ordinal ratings or rankings of awareness levels
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