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Recent studies [Bebchuk and Fried (2002)] have shown that managerial power and negotiations play important roles in the design of executive pay arrangements, suggesting that some CEOs may extract greater economic rent from shareholders when provided with the opportunity. This paper seeks to...
Persistent link: https://www.econbiz.de/10009466153
Partner compensation plans in large accounting firms tend to emphasize either local office profits or worldwide firm profits ("small-pool" or "large-pool" firms, respectively) (Trompeter 1994). Some have expressed concern over possible impairment of auditor independence when a small-pool...
Persistent link: https://www.econbiz.de/10009459078
The purpose of this study was to determine the factors (financial condition, previous year's audit opinion, growth, company size, reputation of auditors, and leverage) affect the company's going concern disclosure on companies listed in Indonesia Stock Exchange.The population used in this study...
Persistent link: https://www.econbiz.de/10009464146
Without consistency in auditors' reporting behaviour, it is very difficult for a user of audit reports to determine where differences come from; economic differences, differences in auditing methods, interpretation of standards or even due to the auditors' independence. This thesis examines the...
Persistent link: https://www.econbiz.de/10009484190
triumph of the Ango-Saxon business model of shareholder value capitalism and its dominance over other models of capitalism. At …
Persistent link: https://www.econbiz.de/10009441367
corporate citizenship, the ideal of “inclusive capitalism” ispopularized by C.K. Prahalad, who evangelizes to corporations about … development imperatives are not easily reconciled. Early language around theinclusive capitalism or BOP discourse emphasizing …
Persistent link: https://www.econbiz.de/10009442234
capitalism. I discuss the relationship between Schumpeter's theories and Darwinian-type theories of economic evolution. I point … Schumpeter's changing views about the sources of innovation under capitalism, and compare Schumpeter's views on the evolution of … capitalism and industrial structure with those of Marx. Both writers believe that capitalism will culminate in socialism but for …
Persistent link: https://www.econbiz.de/10009447989
This article examines the type of economic analyses of capitalism presented by leading exponents of the neoclassical … that all except the institutionalist school are largely insensitive to different types of structure within capitalism and … are blind to the cultures and institutions which characterize different kinds of capitalism. This conclusion is reached by …
Persistent link: https://www.econbiz.de/10009467601
A study of the oil industry in its modern development from the 1850s to 1973. During this period the industry underwent significant changes in terms of its productive expansion, the diversity of its products, its role in general production, its corporate organisation and in terms of its...
Persistent link: https://www.econbiz.de/10009480122
capitalism. This is an argument of central importance not only for developing and "transition" countries, but for the long …
Persistent link: https://www.econbiz.de/10009450578