Showing 1 - 10 of 97
We examine firm managers' incentives to commit fraud in a model where firms seek funding from investors and investors … can monitor firms at a cost in order to get more precise information about firm prospects. We show that fraud incentives … funded without committing fraud, whereas in bad times investors are more vigilant and it is harder to commit fraud …
Persistent link: https://www.econbiz.de/10005134707
Frauds can be explained not only in terms of individual willingness to cheat, but may also be driven by opportunities to behave dishonestly. The audit policy should therefore be different for different categories of agents. This paper focuses on the optimal audit policy when there are two...
Persistent link: https://www.econbiz.de/10005412503
, increased division of labor in research, intense publication pressure, academic fraud, dilution of the concept of “university …
Persistent link: https://www.econbiz.de/10008672224
Corporate scandals are reflected in excessive top management compensation and fraudulent accounts. These scandals cause an enormous amount of damage, not only to the companies affected, but also to the market economy as a whole. As a solution, conventional wisdom suggests more monitoring and...
Persistent link: https://www.econbiz.de/10005760916
Persistent link: https://www.econbiz.de/10001984350
Persistent link: https://www.econbiz.de/10001828709
Persistent link: https://www.econbiz.de/10002162565
Persistent link: https://www.econbiz.de/10002162566
Persistent link: https://www.econbiz.de/10002092683
We introduce a concept of emotions that emerge when workers compare their own performance with a given standard or with the performances of co-workers. Assuming heterogeneity among the workers the interplay of emotions and incentives is analyzed by focusing on three incentive schemes that are...
Persistent link: https://www.econbiz.de/10002235066