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Earnings Manipulation and Incentives in Firms
Friebel, Guido; Guriev, Sergei - C.E.P.R. Discussion Papers - 2005
implications of the auditing and whistle-blowing regulations of the Sarbanes Oxley Act. …
Persistent link: https://www.econbiz.de/10005504644
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Earnings Manipulation and Incentives in Firms
Friebel, Guido; Guriev, Sergei - C.E.P.R. Discussion Papers - 2005
implications of the auditing and whistle-blowing regulations of the Sarbanes Oxley Act. …
Persistent link: https://www.econbiz.de/10005504726
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Accomplice-Witness and Organized Crime: Theory and Evidence from Italy
Acconcia, Antonio; Immordino, Giovanni; Piccolo, Salvatore - C.E.P.R. Discussion Papers - 2013
We develop an agency model of organized crime accounting for the main trade-offs involved by the introduction of an accomplice-witness program. We characterize the optimal policy and identify its main determinants in a framework where public officials can be dishonest. Our predictions are tested...
Persistent link: https://www.econbiz.de/10011083808
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On Doctors, Mechanics and Computer Specialists. Or Where are the Problems with Credence Goods?
Dulleck, Uwe; Kerschbamer, Rudolf - C.E.P.R. Discussion Papers - 2001
yielding equilibria exhibiting various degrees of inefficiencies and fraud. The variety of results has fostered the impression …
Persistent link: https://www.econbiz.de/10005791194
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Price Discrimination in Markets for Experts' Services
Dulleck, Uwe; Kerschbamer, Rudolf - C.E.P.R. Discussion Papers - 2003
This Paper studies the consequences of price discrimination in a market for experts’ services. In the case of experts markets, where the expert observes the intervention that a consumer needs to fix his problem and also provides a treatment, price discrimination proceeds along the dimension of...
Persistent link: https://www.econbiz.de/10005504480
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Incumbency Advantage in Non-Democracies
Egorov, Georgy; Sonin, Konstantin - C.E.P.R. Discussion Papers - 2014
democracies. The incumbent can prevent credible challengers from running, organize vote fraud, or even physically eliminate the …
Persistent link: https://www.econbiz.de/10011084133
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Political Connections and Firm Value: Evidence from the Regression Discontinuity Design of Close Gubernatorial Elections
Do, Quoc-Anh; Lee, Yen-Teik; Nguyen, Bang Dang - C.E.P.R. Discussion Papers - 2015
Using the regression discontinuity design of close gubernatorial elections in the U.S., we identify a significant and positive impact of the social networks of corporate directors and politicians on firm value. Firms connected to elected governors increase their value by 3.89%. Political...
Persistent link: https://www.econbiz.de/10011249372
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Corruption And Competition In Public Market Auctions
Compte, Olivier; Lambert-Mogiliansky, Ariane; Verdier, … - C.E.P.R. Discussion Papers - 2000
This paper investigates the effect of corruption on competition in government procurement auctions. Our assumption is … corruption is to facilitate collusion in price between firms. This can result in high public spending and inefficient allocation … which unilateral anti-corruption controls may restore price competition. …
Persistent link: https://www.econbiz.de/10005662229
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Leniency and Whistleblowers in Antitrust
Spagnolo, Giancarlo - C.E.P.R. Discussion Papers - 2006
fraud, or corruption - that share with cartels the crucial features that well designed leniency and whistleblower programs …
Persistent link: https://www.econbiz.de/10005662235
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The Size and Scope of Government: Comparative Politics With Rational Politicians
Persson, Torsten; Tabellini, Guido - C.E.P.R. Discussion Papers - 1999
We try to demonstrate how economists may engage in research on comparative politics, relating the size and composition of government spending to the political system. A Downsian model of electoral competition and forward-looking voting indicates that majoritarian---as opposed to...
Persistent link: https://www.econbiz.de/10005662287