IDEAS home Printed from https://ideas.repec.org/a/cai/recosp/reco_643_0457.html
   My bibliography  Save this article

Rémunération des dirigeants et risque de fraude d'entreprise

Author

Listed:
  • Pierre Fleckinger
  • Thierry Lafay
  • Constance Monnier

Abstract

We study the stockholder-manager relationship in a firm when an illicit strategy can be followed. We derive the optimal compensation offered by the firm and examine how it affects the ceo?s action. We then discuss the optimality of stock-options or free-stocks. Moreover, we analyze the link between the public policy and the ceo?s compensation ; we prove that the fine level cannot be a substitute for a low level of detection. Finally, we point out that each protagonist has divergent preferences over the public policy regarding corporate fraud. Classification JEL : J33, K21, K42, M12, M52

Suggested Citation

  • Pierre Fleckinger & Thierry Lafay & Constance Monnier, 2013. "Rémunération des dirigeants et risque de fraude d'entreprise," Revue économique, Presses de Sciences-Po, vol. 64(3), pages 457-467.
    • Handle: RePEc:cai:recosp:reco_643_0457
    as

    Download full text from publisher

    File URL: http://www.cairn.info/load_pdf.php?ID_ARTICLE=RECO_643_0457
    Download Restriction: free
    File URL: http://www.cairn.info/revue-economique-2013-3-page-457.htm
    Download Restriction: free
    ---><---

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Nicolas Dufour Docteur En Gestion & Emmanuel Laffort, 2016. "Gestion de la fraude : vers un triptyque Responsabilisation des acteurs-Autonomie-Sanction. Cas d'application au sein du secteur des assurances complémentaires santé," Post-Print hal-03335947, HAL.
    2. Béatrice Boulu-Reshef & Constance Monnier-Schlumberger, 2019. "Lutte contre les cartels : comment dissuader les têtes brûlées ?," Revue économique, Presses de Sciences-Po, vol. 70(6), pages 1187-1199.
    3. Nicolas Dufour & Emmanuel Laffort, 2016. "De la fraude en question à la question de la fraude. Un complément de revue de littérature," Post-Print hal-03335921, HAL.

    More about this item

    JEL classification:

    • J33 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs - - - Compensation Packages; Payment Methods
    • K21 - Law and Economics - - Regulation and Business Law - - - Antitrust Law
    • K42 - Law and Economics - - Legal Procedure, the Legal System, and Illegal Behavior - - - Illegal Behavior and the Enforcement of Law
    • M12 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Personnel Management; Executives; Executive Compensation
    • M52 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Compensation and Compensation Methods and Their Effects

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cai:recosp:reco_643_0457. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Jean-Baptiste de Vathaire (email available below). General contact details of provider: https://www.cairn.info/revue-economique.htm .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.