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Corporate Governance for Crooks? The Case for Corporate Virtue

Osterloh, Margit; Frey, Bruno S. - Institut für Volkswirtschaftslehre, …

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

Booms, Busts, and Fraud

Povel, Paul; Singh, Rajdeep; Winton, Andrew - EconWPA - 2003

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

Optimal Audit Policy and Heterogenous Agents

Ratto, Marisa; Vergé, Thibaud - EconWPA - 2003

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

Withering academia?

Frey, Bruno S. - Institut für Volkswirtschaftslehre, … - 2010

, increased division of labor in research, intense publication pressure, academic fraud, dilution of the concept of “university …

Persistent link: https://www.econbiz.de/10008672224

How do Parents allocate Time ?

Bloemen, Hans G.; Stancanelli, Elena G.F. - Tinbergen Instituut - 2008

This paper focuses on the time allocation of spouses and the impact of economic variables. We present a stylized model of the time allocation of spouses to illustrate the expected impact of wages and non-labour income. The empirical model simultaneously specifies three time-use choices -paid...

Persistent link: https://www.econbiz.de/10011255837

An Empirical Analysis of the Time Allocation of Italian Couples: Are Italian Men Irresponsive?

Bloemen, Hans G.; Pasqua, Silvia; Stancanelli, Elena G.F. - Tinbergen Instituut - 2008

This paper analyzes the time allocation of Italian spouses to paid work, childcare and household work. The literature suggests that Italian husbands contribute the least to unpaid household work, relative to other European countries, while Italian women have the lowest market employment rates....

Persistent link: https://www.econbiz.de/10011256368