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well-known phenomenon, namely the existence of a positive bias in experts' anticipations: the latter tend to over …-estimate earnings. In this paper, we study the properties of this bias according to various aspects, that is to say according to country …
Persistent link: https://www.econbiz.de/10008788892
information at the principal's advantage, we test experimentally the principal's willingness to bias (overestimate or under …) principals do bias information, ii) agents trust the cheap-talk messages they receive and adjust their effort accordingly …. Therefore, biased messages improve both the agent's performance and thus the principal's profit. This, however, does not increase …
Persistent link: https://www.econbiz.de/10008790485
The recent period has highlighted a well-known phenomenon, namely the existence of a positive bias in experts … contributions are twofold: we provide explanatory bias prediction models which will subsequently allow the calculation of earnings … adjusted forecasts, for horizons from 1 to 24 months. We explain the bias using macroeconomic as well as sector and firm …
Persistent link: https://www.econbiz.de/10008792953
gestionnaires et hommes d'affaire. Mots-clés : action, intérêt, parties-prenantes, profit. …
Persistent link: https://www.econbiz.de/10010933786
Le thème de la responsabilité de l'entreprise connaît des phénomènes de mode largement dépendant des médias. Mais au-delà des mouvements de mode largement dépendant des médias. Mais au-delàs des mouvements médiatiques, la responsabilité de l'entreprise est une question qui depuis...
Persistent link: https://www.econbiz.de/10010933792
-regression analyses are used to identify the effects of market power and long-lived assets on profits, as well as the sources of union-profit … effects. The accumulated evidence rejects market power as a source of union-profit effects. While the case is not yet proven …
Persistent link: https://www.econbiz.de/10009645465
categories of wages, rent and profit, and claim that the lines separating rent from profit are flexible and mobile both …-capital relation that led simultaneously to an increase in the power of rent and the collapse of a distinction between rent and profit …
Persistent link: https://www.econbiz.de/10010750802
The aim of this paper is to show how Myrdal monetary theory can contribute to the study of the behaviour of prices in disequilibrium. The analysis explains the existence of a cumulative process based on the capacity of the entrepreneur to anticipate price variations. The variation in prices...
Persistent link: https://www.econbiz.de/10008792142
Economic profit is produced by entrepreneurs, those special individuals able to detect and seize as yet unexploited … innovation in the workplace. This paper argues that the goal of profit maximization is fully consistent with the corporation … doing good for society. However, there is little justification for corporations to transfer the whole economic profit to …
Persistent link: https://www.econbiz.de/10010899131
Le projet et le profit dans leurs usages entretiennent sémantiquement des liens troubles. Aussi bien l'un que l … dans notre modernité tardive. Logique de projet et logique de profit semblent ainsi accompagner les difficultés de l … instaurer une préséance du projet sur le profit. …
Persistent link: https://www.econbiz.de/10010899487