Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5061265 | Economics Letters | 2010 | 4 Pages |
Abstract
The present paper studies incentive provision in a model where a manager can affect the firm's stock price by exerting unobservable effort and through costly, deceptive signalling and investigates the role product market competition plays in shaping shareholders' trade-off between inducing effort and fraud.
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Rainer Andergassen,