Honesty and Intermediation: Corporate Cheating, Auditor Involvement and the Implications for Development

Honesty and Intermediation: Corporate Cheating, Auditor Involvement and the Implications for Development

We examine self-enforcing honesty in firm-investor relations in an imperfect public information game. Minimum firm size requirements and moral hazard limit ability to raise outside capital, yielding a floor on personal wealth required to enter entrepreneurship. Credible auditing could create efficie...

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Bibliographic Details
Main Author: GUHA, Brishti
Format: text
Language:English
Published: Institutional Knowledge at Singapore Management University 2005
Subjects:
Corporate governance
auditing
disclosure
inequality and takeoff
general equilibrium
repeated games
Behavioral Economics
Economics
Online Access:https://ink.library.smu.edu.sg/soe_research/862
https://ink.library.smu.edu.sg/context/soe_research/article/1861/viewcontent/honesty.pdf
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Institution: Singapore Management University
Language: English

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https://ink.library.smu.edu.sg/soe_research/862
https://ink.library.smu.edu.sg/context/soe_research/article/1861/viewcontent/honesty.pdf

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