Showing 1 - 10 of 73
This article addresses the issue of peer monitoring and choice of contracts on the repayment behaviour of the subjects. The authors conducted a laboratory experiment using student subjects from the University of Sydney, Australia by employing profit sharing (PS) and conventional interest based...
Persistent link: https://www.econbiz.de/10012042562
Purpose – The purpose of this paper is to examine the influence of early investment experiences on subsequent portfolio allocation decisions in a laboratory setting. Design/methodology/approach – In an experiment in which the task consisted of allocating a portfolio between a risky and...
Persistent link: https://www.econbiz.de/10014941740
, their psychological enforcement mechanism (cognitive dissonance) and context effects. Drawing on findings from both (social …
Persistent link: https://www.econbiz.de/10014805731
Purpose – This paper aims to provide insight whether disclosed compliance with the German Corporate Governance Code (GCGC) leads to higher valuation on the German stock market. Design/methodology/approach – Based on agency theory, stakeholder theory and institutional theory, the authors...
Persistent link: https://www.econbiz.de/10014695521
coercive requirements considering the enforcement of laws and norms in the different legal systems and to explain it in the … the disclosure of corporate governance information considering the enforcement of laws and norms in the different legal … opportunity in the legal sphere of some countries to implement mechanisms to increase their level of enforcement. Originality …
Persistent link: https://www.econbiz.de/10014695924
. Findings – The paper establishes a link between inefficient enforcement and the emergence of compensating institutional …
Persistent link: https://www.econbiz.de/10014731297
Reports of unethical behavior in the corporate, governmental, and academic settings are gaining attention. At least 50-70% of students have engaged in academic misconduct. Some colleges and universities have codes of conduct while others do not. However, the implementation of an effective code...
Persistent link: https://www.econbiz.de/10012048402
Abstract Today the world economy is immeasurably more complex, multi-faceted, and integrated than it was in the last quarter of 20th century. New financial procedures and interests have multiplied in the current trade and investment matrix. Developing countries are now rightfully taking a much...
Persistent link: https://www.econbiz.de/10014585148
Abstract Although most models of environmental compliance are based on a variation of the rational polluter model, regulated entities may not always intentionally decide to violate based on the relative costs and benefits of doing so. According to the complexity critique, a significant amount of...
Persistent link: https://www.econbiz.de/10014586831
Although most models of environmental compliance are based on a variation of the rational polluter model, regulated entities may not always intentionally decide to violate based on the relative costs and benefits of doing so. According to the complexity critique, a significant amount of...
Persistent link: https://www.econbiz.de/10014587560