Collusion in Hierarchical Agency
- 1 May 1993
- journal article
- Published by JSTOR in Econometrica
- Vol. 61 (3) , 629
- https://doi.org/10.2307/2951721
Abstract
In this model, shareholders can use auditors' reports to contract with a privately-informed manager. Our imperfect audit technology allows the auditor and t...Keywords
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