Product market competition, incentives and fraudulent behavior
AbstractThe 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.
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Bibliographic InfoArticle provided by Elsevier in its journal Economics Letters.
Volume (Year): 107 (2010)
Issue (Month): 2 (May)
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Web page: http://www.elsevier.com/locate/ecolet
Executive compensation Fraud Incentives Product market competition;
Other versions of this item:
- R. Andergassen, 2008. "Product Market Competition, Incentives and Fraudulent Behavior," Working Papers 638, Dipartimento Scienze Economiche, Universita' di Bologna.
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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