财务会计-01-第一章
corporate governance and accounting
Accounting and Economics share some common basic assumptions : First level: scarcity of resources, complexity and uncertainty of environment, economic men with bounded rationality Second level: information incompleteness and asymmetry, opportunistic behavior tendency (different utility functions, externality of behavior), positive transaction cost Result: incomplete contracts The Nature of the Firm: Jensen & Meckling(1976) the nexus of a set of ...


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