This study examines the behaviors of preparers and users of corporate social responsibility (CSR) disclosures in experimental markets. In addition to making price offers, sellers, as preparers of the disclosures, indicate their levels of corporate giving (our proxy for CSR investments). These...

In de accounting literatuur wordt veelal beweerd dat accuratere kosteninformatie (ABC) leidt tot betere beslissingen, zonder dit empirisch te toetsen. Deze paper bestudeert de rol van accurate kostenrapporten bij prijszettingbeslissingen in een competitieve markt, gekenmerkt door twee...

The most widely accepted empirical dividend model is that proposed by Lintner, who argued that firms smooth dividends over time. Many theoretical dividend models, however, either predict that dividends should be highly variable, or at least offer no support for the smoothing hypothesis. We use a...

We examine whether individuals can defy their decision power if it is beneficial for them to do so. In an experiment we let principals make a decision whether to make their own investment decision, or to let their agent make that decision. While the principal can work out that the agent benefits...

In multi-level organizations, BU employees create budgetary slack from which the entire business unit may benefit but doing so causes agency costs for the organization. Relying on social identity theory, we predict and find, in data gathered by means of an experiment, that shortening the social...

Classical agency theory argues that economic incentives can have a strong impact on opportunistic reporting behavior. On the other hand, behavioral literature suggests that agents also adhere to descriptive norms established by peers. Most studies examine these effects in isolation, ignoring the...