Dietrich, Michael; McHardy, Jolian; Sharma, Abhijit - Volkswirtschaftliche Fakultät, … - 2010
This paper develops a framework to explore firm corruption taking account of interaction with an auditor. The basic … firm profitability. Hence auditor profitability can increase with firm corruption that may provide an incentive to collude … equilibria exist from stable corruption, through auditor controlled corruption, via multiple equilibria to honesty on behalf of …