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Auditor independence, incomplete contracts and the role of legal liability

Acemoglu, Daron; Gietzmann, Miles B. - 1994

Persistent link: https://www.econbiz.de/10000882911

Investment incentives under asymmetric information and incomplete contracts

Schmitz, Patrick W. - 1999 - Als Ms. gedr.

Persistent link: https://www.econbiz.de/10001421543

Expectation damages and bilateral cooperative investments

Gollery, Daniel - 2012

We examine the efficiency of the standard breach remedy expectation damages in a setting of bilateral cooperative investment by a buyer and a seller. Contracts may specify a required quality level and an upper bound to the cost of production. We find that it is optimal to write an augmented...

Persistent link: https://www.econbiz.de/10009671789

Ex ante versus ex post expectation damages

Liu, Zhiyong; Avraham, Ronen - In: International review of law and economics 32 (2012) 4, pp. 339-355

Persistent link: https://www.econbiz.de/10009691211

Property rules, liability rules and externalities

Nicita, Antonio; Rizzolli, Matteo - In: Journal of public finance and public choice : JPFPC 24 (2006) 2/3, pp. 99-125

Persistent link: https://www.econbiz.de/10003710281

Incomplete Contracts, Limited Liability, and the Optimality of Joint Ownership

Schmitz, Patrick W. - 2019

The property rights approach to the theory of the firm is the most prominent application of the incomplete contracting … wealth-constrained and protected by limited liability. It turns out that joint ownership can be optimal, since it avoids … wasteful rent-seeking activities when limited liability rents are necessary to induce high effort. Our results are in line with …

Persistent link: https://www.econbiz.de/10012864429

Ex Ante versus Ex Post Expectation Damages

Liu, Zhiyong (John) - 2015

What information should courts utilize when assessing contract damages? Should they award damages that were rationally foreseeable at the ex ante stage (ex ante expected damages)? Or should they award damages at the ex post level, incorporating new information revealed after contracting (ex post...

Persistent link: https://www.econbiz.de/10013039212

Limited liability and corporate efficiency

Asai, Kentaro - In: International review of law and economics 62 (2020)

Persistent link: https://www.econbiz.de/10012512309

Ökonomische Analyse der Governance Structure von Prüfungsgesellschaften : eine etwas andere Stellungnahme zum Discussion Memorandum (DM 99-2) des Independence Standard Board

Hachmeister, Dirk - In: Theorie und Praxis der Wirtschaftsprüfung III : …, (pp. 133-159). 2002

Persistent link: https://www.econbiz.de/10001672259

Auditor performance, implicit guarantees, and the valuation of legal liability

Gietzmann, Miles B.; Ncube, Mthuli; Selby, Michael J. P. - 1995

Persistent link: https://www.econbiz.de/10000909409

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