The impact of accounting information on ethical behavior has been extensively documented. Additionally, agency theory is a widely accepted behavioral perspective. Despite this, there is an absence of instructional material in the accounting education literature that ties ethical issues to an...

The classic agency model provides the basis for a large number of organizational contracts in the contemporary business environment. However, contracting provisions based on this model may induce undesirable behavior and shifts in employee value systems. Therefore, we expand upon the agency...

North American research suggests that agency (specifically, asymmetric information and incentive to shirk) and prospect theories may explain project escalation decisions. We explored the generalizability of these theories in this context. The willingness of managers from North America (U.S. and...

This study investigates how relative performance information (RPI) and peers' rule-breaking affect an employee's own rule-breaking in both the absence and presence of weak formal controls. We vary the presence of RPI (absent vs. present), the level of peers' rule-breaking (low vs. high), and the...

This study extends previous findings relating to agency (adverse selection) and framing effects on the escalation of commitment to failing projects in which significant funds have already been sunk. We explore the effects of experience and small differences in national culture on managers'...