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1-3 of 3
Keywords: incomplete contracts
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Journal Articles
Syndicate Size and the Choice of Covenants in Debt Contracts
Available to Purchase
Journal:
The Accounting Review
The Accounting Review (2018) 93 (6): 301–329.
Published: 01 November 2018
... of Management, UCLA Anderson School of Management, and the Deloitte Foundation. All errors are my own. Incomplete contracting theories have been a building block for models in economics, finance, and accounting for decades (for recent reviews, see Hart 2001 ; Roberts and Sufi 2009a ; Armstrong, Guay...
Journal Articles
The Consequences of Hiring Lower-Wage Workers in an Incomplete-Contract Environment
Available to Purchase
Journal:
The Accounting Review
The Accounting Review (2015) 90 (3): 941–966.
Published: 01 May 2015
...Jason L. Brown; Patrick R. Martin; Donald V. Moser; Roberto A. Weber ABSTRACT Firms frequently attempt to increase profits by replacing some existing workers with new lower-wage workers. However, this strategy may be ineffective in an incomplete-contract environment because the new workers may...
Journal Articles
Sticks and Carrots: The Effect of Contract Frame on Effort in Incomplete Contracts
Available to Purchase
Journal:
The Accounting Review
The Accounting Review (2012) 87 (6): 1913–1938.
Published: 01 November 2012
...Margaret H. Christ; Karen L. Sedatole; Kristy L. Towry ABSTRACT In this study, we examine the effect of incentive contract framing on agent effort in an incomplete contract setting. Prior research suggests that when governed by complete incentive contracts, agents exert greater effort under...
