Showing 1 - 10 of 2,835
We study a dynamic contracting problem in which size is relevant. The agent may take on excessive risk to enhance short … curb risk taking. Firms that are less prone to risk taking can afford a higher leverage …
Persistent link: https://www.econbiz.de/10011506338
Persistent link: https://www.econbiz.de/10008666847
Persistent link: https://www.econbiz.de/10008749028
Persistent link: https://www.econbiz.de/10009666087
Persistent link: https://www.econbiz.de/10003908775
Persistent link: https://www.econbiz.de/10001467026
Persistent link: https://www.econbiz.de/10003476585
Persistent link: https://www.econbiz.de/10008809870
The probability that actors in economic relationships break rules increases with the profits they thus expect to earn. It decreases with the probability and level of short- and long-term losses resulting from disclosure. It also decreases with the level of social context factors and intrinsic...
Persistent link: https://www.econbiz.de/10010346444
Persistent link: https://www.econbiz.de/10011439815