With increasing resources for management, The rate increases with the participation of
relevant beneficiaries, The consequences of such a situation of conflict of interest. Managers
who are at the center of this conflict, By providing financial information. This attempt to
reduce conflicts of interest. They have an incentive effect and are often due to the favorable
situation of the company's managerial discretion in reporting, the opportunity to apply this
procedure also ones. The tendency of managers to disclose asymmetric News, Lead to …