dating married men signs - Does backdating explain the stock price pattern

Although designed to increase the use of stock options as a compensation vehicle (1984) and decease the loss of knowledge workers (2000), we argue that these tax changes were largely ineffective and perhaps unneeded. Higher education loans and tax evasion: A response to perceived unfairness. Further we demonstrate the negative unintended consequences of these actions, specifically that they reward the backdating of employee stock options and promote tax evasion, and discuss the policy implications of these unintended consequences.

The Journal of Economic Perspectives, 17(3), 49-70.

The Quarterly Journal of Economics, 114(2), 601-627.

Expanding on the assumption of narrow self-interest underlying agency theory, we apply an empirically well-established refinement that self-interest is bounded by norms of reciprocity and fairness.

The resulting logic is that perceptions of fairness mediate the relationships derived from standard agency theory through positively and negatively reciprocal behaviors.

An empirical literature characterized by contentious findings, however, suggests the current form of agency theory is not supporting a clear understanding of these behaviors and their costs.


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