... unifies insights from extant theory and shares features with well-known empirical phenomena. In particular, the optimal outcome distribution has a kink, optimal measurement is conservative, and optimal wages ensure congruent incentives and resemble accounting-based bonus plans featuring a floor, hurdle...

... (editor) and two anonymous referees. I also thank Sagi Akron, Keren Bar Hava, Avraham Beja, Ilan Kremer, Nisan Langberg, Jack Stecher, Tsahi Versano, Dan Weiss, Avi Wohl, Amir Ziv, and participants in the 2015 European Accounting Association Annual Congress at Glasgow and in seminars at Tel Aviv...

...Charles D. Bailey ABSTRACT Psychopathy is characterized by deficits of conscience and empathy, and is measurable in nonclinical populations. It is one of the “Dark Triad” of personality variables, but has received minimal attention in accounting literature, despite obvious implications for fraud...

... on the 100 largest firms offers a cost-effective way to extract information embedded in accounting profitability data of the entire stock market portfolio. We then show that accounting profitability data aggregated across the 100 largest firms have predictive content for subsequent real Gross Domestic...