Showing 1 - 10 of 61
Financial services are an increasingly important sector in modern economies, yet many accounting and auditing texts focus on manufacturing and retailing. This teaching note describes the role of financial institutions in transforming long-term, difficult-to-sell assets into short-term bank...
Persistent link: https://www.econbiz.de/10010825028
Persistent link: https://www.econbiz.de/10006361310
Persistent link: https://www.econbiz.de/10007796670
Persistent link: https://www.econbiz.de/10008105321
Persistent link: https://www.econbiz.de/10006973774
Persistent link: https://www.econbiz.de/10008451421
Persistent link: https://www.econbiz.de/10007156008
Research in budgeting suggests that subordinates may exhibit economically significant degrees of honesty, in spite of pecuniary incentives to do otherwise. This study continues the exploration of honesty in budgeting along two dimensions. First, unlike prior experiments, we measure the...
Persistent link: https://www.econbiz.de/10012773655
Two managers invest funds in either a division-specific or common project. Managers are privately informed of their own division-specific return ratio and issue forecasts to their partner. Experimental parameter values are chosen such that: (1) investment in the division-specific project...
Persistent link: https://www.econbiz.de/10012788724
In participative budgeting settings, less informed superiors elicit information from privately informed subordinates. In these situations, subordinates' honesty preferences should substantially enhance the efficiency of the budgeting process. In fact, recent research on budgeting suggests that...
Persistent link: https://www.econbiz.de/10012778718