Accounting Conservatism and Managerial Excess Perks
نویسندگان
چکیده
منابع مشابه
Are perks purely managerial excess?
A widespread view is that executive perks exemplify agency problems—they are a route through which managers misappropriate a firm’s surplus. Accordingly, firms with high free cash flow, operating in industries with limited investment prospects, should offer more perks, and firms subject to more external monitoring should offer fewer perks. The evidence for agency as an explanation of perks is, ...
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ژورنال
عنوان ژورنال: Accounting and Finance Research
سال: 2019
ISSN: 1927-5994,1927-5986
DOI: 10.5430/afr.v8n2p32