misbehavior? From a public interest view, we would expect “effective” regulation to ex ante mitigate agency conflicts between … country level yields the following insights: (1) Corporate scandals are an antecedent to regulation over long stretches of … time, suggesting that regulators are typically less flexible and informed than firms. (2) Regulation is positively related …

organizations that do not fundraise make resource allocation decisions that decrease the program ratio when budgets increase. These … budgets decrease, charity managers make resource allocation decisions that decrease the program ratio. This asymmetry suggests …

causes both an expansion of the real economy and a shift in capital allocation across firms. While welfare increases as a …

This paper identifies four approaches to resource allocation decisions in public services from the literature: a … actually make resource allocation decisions and which of the approaches (or combinations of approaches) were used … techniques and self-organising maps to identify how resource allocation decisions are made where resources are limited but demand …

the effectiveness of enforcing corporate disclosure regulation. We use a Regulation Fair Disclosure (Reg FD) setting …, given that the SEC adopted the regulation recognizing that managers can convey non-public information privately not just … regulation in the context of implicit communication …

We study regulation of the auditing profession in a model where audit quality is unobservable and enforcing regulation …