about the asset? How do the disclosure rules of contract law influence the investigation decision? Shavell (1994) showed …-disclosure rule, which requires disclosure of material information, but only after the contract is concluded. We show that this rule … can be more efficient than both voluntary disclosure and mandatory (pre-contract) disclosure …

In the early models of incomplete contract neither party used to invest in the subject matter of the contract; those … realize subsequent to a binding contract, a systematic analysis has been attempted to see - first, how the legal remedies can … role than that has been realized. Focus remains on the ex-ante design of the contract, which would serve as an implicit …

. Contract theory suggests that balance sheet-based covenants resolve debtholder-shareholder conflicts ex ante, whereas income …This paper examines the relation between state contract law and the use of accounting information in debt contracts … lenders to exert their control rights ex post if the contract law is more favorable to debtors (i.e., the law is pro …

. With a discussion of different treatments to the concurrent liability of contractual fraud and contract breach in theory … can maximize personal interests. In both theory and practice, there is no specific standard of valid verdict and judges …