Arya, Anil; Glover, Jonathan; Liang, Pierre Jinghong - In: European Accounting Review 13 (2004) 4, pp. 643-657
Intertemporal aggregation results in a summarization of information and a natural delay in the release of information. We study a principal-agent model and show that intertemporal aggregation can be an optimal feature of a performance evaluation system. We then highlight subtleties associated...
