Advanced Search Results For "MORAL hazard"

Publication Type: Academic Journal

Source(s): Contemporary Accounting Research. Fall2023, Vol. 40 Issue 3, p1760-1794. 35p.

Abstract: Résumé: Évaluation de la performance managériale et structure organisationnelle Les auteurs étudient l'efficacité relative des structures organisationnelles centralisées et décentralisées en tenant compte d'une évaluation de la performance managériale ...

Publication Type: Academic Journal

Source(s): Review of Financial Studies. Apr2023, Vol. 36 Issue 4, p1408-1463. 56p.

Abstract: We develop an equilibrium model with moral hazard, which arises because some productivity shocks are privately observed by firm managers only. We characterize the optimal contract and its implications for firm size, growth, and managerial pay-performan...

Publication Type: Academic Journal

Source(s): International Journal of Production Research. Feb2023, Vol. 61 Issue 4, p1058-1075. 18p. 1 Illustration, 3 Charts.

Abstract: Corporate social responsibility (CSR) is critical. As a part of CSR, fashion companies have to decide whether to be ethical or not during the product development process. Motivated by real-world practices, we conduct a gametheoretic modeling analysis a...

Publication Type: Academic Journal

Source(s): Acta Universitatis Carolinae Iuridica. 2023, Vol. 69 Issue 1, p75-84. 11p.

Abstract: The last amendment to the Enforcement Code, which was introduced by the No. 286/2001 Sb., is an extensive amendment in its content. The aim of this amendment was mainly to solve the problem of multiple execution proceedings, an introduction of the prin...

Publication Type: Academic Journal

Source(s): International Journal of Production Research; Jul2023, Vol. 61 Issue 13, p4374-4401, 28p, 1 Diagram, 1 Chart, 13 Graphs

Abstract: Copyright of International Journal of Production Research is the property of Taylor & Francis Ltd and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However,...

Publication Type: Academic Journal

Source(s): Journal of Political Economy. Sep2023, Vol. 131 Issue 9, p2370-2401. 32p. 2 Charts, 5 Graphs.

Abstract: We study agency frictions in the US Congress. We examine the long-standing hypothesis that political elites engage in conflict because they fail to internalize the associated costs. We compare the voting behavior of legislators with draft age sons vers...

Publication Type: Academic Journal

Source(s): International Journal of Game Theory. Sep2023, Vol. 52 Issue 3, p833-860. 28p.

Abstract: We study how a principal with an outside option optimally delegates information acquisition to an agent in a parsimonious environment in which the principal can observe neither the agent's effort nor signal realizations. When the principal chooses an o...

Publication Type: Academic Journal

Source(s): International Journal of Financial Studies. Dec2022, Vol. 10 Issue 4, p94. 14p.

Abstract: A credit default swap (CDS) is a derivative financial instrument that provides insurance against credit risk. CDSs on subprime Asset Backed Securities (ABSs) paved the way for securitizers to hedge the credit risk of the underlying subprime loans durin...

Publication Type: Academic Journal

Source(s): Economic Theory. Aug2023, Vol. 76 Issue 2, p375-416. 42p.

Abstract: This paper proposes a new method for investigating the existence of a deterministic solution to pure moral hazard problems under a general setting without imposing a priori topological restriction on the contract space. Our method avoids the detour to ...

Publication Type: Academic Journal

Source(s): Sustainability (2071-1050). Nov2022, Vol. 14 Issue 22, p14856. 21p.

Abstract: Moral hazard have a non-negligible impact on supply chain sustainability, especially from a long-term perspective. This influence is more complicated in a dual-channel supply chain with free riding. Therefore, it is necessary to explore how manufacture...