In this paper, we introduce a model to describe knowledge accumulation through knowledge diffusion and knowledge upgrade in a multi-agent network. Here, knowledge diffusion refers to the distribution of existing knowledge in the network, while knowledge upgrade means the discovery of new...

Discusses the role of internal audit in the socialist market economy, the need for supervision of enterprises through internal audit and the way in which various stakeholders benefit. Makes a case for why internal audit uniquely fulfils the supervisory role and should not be substituted by...