Honesty and Intermediation: Corporate Cheating, Auditor Involvement and the Implications for Takeoff
We examine honesty and credible auditing in firm-investor relations in a repeated game of imperfect information, embedded in a general equilibrium framework. Informed auditors enhance credibility over a range of audit fees – despite the auditor’s incentive to collude – provided the probability of de...
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| Format: | text |
| Language: | English |
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Institutional Knowledge at Singapore Management University
2012
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| Online Access: | https://ink.library.smu.edu.sg/soe_research/1444 https://ink.library.smu.edu.sg/context/soe_research/article/2443/viewcontent/05Brishti_Guha.pdf |
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| Institution: | Singapore Management University |
| Language: | English |