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...
Saved in:
| 主要作者: | |
|---|---|
| 格式: | text |
| 語言: | English |
| 出版: |
Institutional Knowledge at Singapore Management University
2005
|
| 主題: | |
| 在線閱讀: | https://ink.library.smu.edu.sg/soe_research/862 https://ink.library.smu.edu.sg/context/soe_research/article/1861/viewcontent/honesty.pdf |
| 標簽: |
添加標簽
沒有標簽, 成為第一個標記此記錄!
|
| 機構: | Singapore Management University |
| 語言: | English |