Return to results
Journal articles (2007), Journal of Economic Behavior and Organization, pp. 232-249

Equilibrium (dis)honesty

BESANCENOT D., VRANCEANU Radu

This paper analyzes the production of fraudulent financial statements in a model featuring the main characteristics of the US corporate information market. It is shown that, in equilbrium, not only managers at the head of bad firms, but also some of those running good firms may resort to dishonest reporting.

BESANCENOT, D. and VRANCEANU, R. (2007). Equilibrium (dis)honesty. Journal of Economic Behavior and Organization, pp. 232-249.

Keywords : #Comportement-des-managers, #Fraude, #Information-comptable, #PCAOB