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in the host countries, enhances FDI flows. On the other hand, host-country relative corporate-transparency diminishes the …
Persistent link: https://www.econbiz.de/10011402538
projects in the host countries, enhances FDI flows. On the other hand, host-country relative corporate-transparency diminishes …
Persistent link: https://www.econbiz.de/10002047371
We provide an explanation for peer pressure in teams based on inequity aversion. Analyzing a two-period model with two agents, we find that the effect of inequity aversion strongly depends on the information structure. When contributions are unobservable, agents act as if they were purely...
Persistent link: https://www.econbiz.de/10010268881
members. It investigates the optimal transparency, and the optimal way of transmitting information of committees, by analysing … asymmetric information between the committee and market agents. Transparency about the diversity of views of the committee …
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environments, transparency may reduce expected welfare from an ex-ante point of view: public announcements serve as a focal point …
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