Relevance versus reliability of accounting information with unlimited and limited commitment

Relevance versus reliability of accounting information with unlimited and limited commitment

Abstract We consider a two-period LEN-type agency problem. The principal needs to implement one out of two accounting systems. One emphasizes relevance, the other reliability. Both systems produce identical inter-temporally correlated signals. The relevant system reports an accounting signal in the...

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Bibliographic Details
Main Authors: Barbara Schöndube-Pirchegger, Jens Robert Schöndube
Format: Article
Language:English
Published: Springer 2017-07-01
Series:Business Research
Subjects:
Accounting information
Agency-problem
Limited commitment
Timeliness
Online Access:http://link.springer.com/article/10.1007/s40685-017-0050-2

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http://link.springer.com/article/10.1007/s40685-017-0050-2

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