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Information system precision and honesty in managerial reporting : a re-examination of information asymmetry effects

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A third dimension to understanding voluntary disclosures

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Aspekte der Unternehmenssanierung im Licht der Prinzipal-Agenten-Theorie

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Firm Investment and Stakeholder Choices : A Top-Down Theory of Capital Budgeting

Almazan, Andres - 2012

the interaction of top executives, with private information and stakeholders (e.g., employees) whose motivation and … efforts affect the likelihood of the firm's success. In this setting, the decisions of top executives affect stakeholders … expenditures indicate that a firm has promising prospects and induce stakeholders to take actions that contribute to the firm …

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