Profit sharing in audit partnerships

Academics call the problem that arises when individuals in a partnership take actions inconsistent with the partnership's collective interest the "moral hazard problem". This thesis examines how an audit partnership (i.e., partners as a whole) uses profit sharing rules to induce op...

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Bibliographic Details
Main Author: Liu, Xiaohong
Language:English
Published: 2009
Online Access:http://hdl.handle.net/2429/13534