Exercise No. 1 Read and analyze "Paying the Piper: An Empirical Examination of Longer-Term Financial Consequences of Illegal Corporate Behavior," by Baucus, Melissa S.; & Baucus, David A. Academy of Management Journal, Feb1997, Vol. 40 Issue 1, p129-151. 23p. Required:  One-page summary of the above article  Answers to the following questions which must be addressed adequately: a) What financial impact does illegal corporate behavior have on a company? b) How long does a company feel the impact of illegal behavior? c) How does the market react to corporate illegal behavior? d) What are the financial costs of violating the behavior?