RETRACTED: <i>Ownership Property, Product Market Competition and Auditor Choice</i>
نویسندگان
چکیده
منابع مشابه
Market Competition and Auditor Independence
n the past two years, Australia and other jurisdictions have again witnessed a series of unsignalled corporate collapses. As with previous generations of corporate collapse several have been associated with questionable accounting policies and concerns with auditing quality. With the decomposition of the former global auditing firm once known as Arthur Andersen, the implications for the account...
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How does competition in a firm's product market affect the behavior of its stock? We examine this question in a noisy rational expectations economy in which firms operate under monopolistic competition. Production is subject to productivity shocks and requires capital, raised on a perfectly competitive equity market. Investors observe firms' past profits and collect private information about th...
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It is generally considered that more competition might help curb corruption, as rents, which motivate corrupt agreements, are decreasing in the degree of competition. This paper proposes a framework to analyze the relationship between corruption and competition. It studies the optimal incentive scheme for potentially corrupt officials in charge of inspecting firms that compete in the product ma...
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A firm facing employment protection will defend its market position more fiercely than a firm operating without such restrictions. However, ex ante it will be more reluctant to expand its market position. For the benchmark case of contest competition, the defensive effect dominates. A firm facing employment protection has a stronger average market position. JEL classification: D44, J63
متن کاملProduct-Market Competition and Managerial Autonomy
This paper proposes a theory of the impact of product-market competition on managerial decision-making autonomy based on managers concern about keeping their incumbency rents (that competition puts at risk), and on the idea that changes in market conditions a¤ect the congruence between the interests of the di¤erent hierarchical levels. The main focus of my analysis is on how changes in market ...
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ژورنال
عنوان ژورنال: Journal of Human Resource and Sustainability Studies
سال: 2016
ISSN: 2328-4862,2328-4870
DOI: 10.4236/jhrss.2016.43020