Casta, Jean-François; Ramond, Olivier - Université Paris-Dauphine (Paris IX) - 2010
corporate governance scheme and particularly in an information asymmetry setting such as a principal-agent framework (Bushman et … measure adopting a governance perspective. A discussion on the empirical results proposed by the recent literature leads us to … the following conclusion: accounting income is, in practice, equivalent to a governance mechanism whose efficiency under …