mainly in the field of accounting and management control. However, the theme of discipline which has so far received most …

Under what circumstances can market forces prevent unsustainable borrowing? Effective market discipline requires that …

This paper argues that while sources of potential discipline over domestic macro economic policies such as pegged …, as opposed to genuinely fixed exchange rates, are typically not an adequate substitute for domestic discipline enhancing … strategies as sources of discipline. Indeed, their effects can sometimes be perverse. For example, high capital mobility under …

discipline in a 'laboratory setting' by analyzing banks that are less likely to be subject to government support. Specifically …, we focus on a new face of market discipline: stakeholders' ability to fire an executive. Using conditional logit …

Noncognitive factors such as discipline (and its mirror, punishment in the form of discipline referrals) can affect …