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The Impact of Incentive Pay on Corporate Crime
This paper presents a moral hazard model analyzing the agent's incentive to commit corporate crime. The principal can only observe profits which the agent can increase by committing crime or exerting effort. It is shown how different incentive contracts, i.e., thresholdlinear, capped bonus...
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| 發表在: | MAGKS - Joint Discussion Paper Series in Economics (Band 52-2017) |
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| 主要作者: | |
| 格式: | Artikel |
| 語言: | 英语 |
| 出版: |
Philipps-Universität Marburg
2017
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| 主題: | |
| 在線閱讀: | PDF-Volltext |
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MAGKS - Joint Discussion Paper Series in Economics