All of the arguments supporting the case for unregulated markets relate to the incentives for a firm to report information about itself to owners and to the capital market in general.
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Q9: An argument supporting accounting regulation is that
Q10: Early adoption of new financial accounting standards
Q11: Only firms that perform well have incentives
Q12: The SEC has allowed accounting policy-making power
Q13: Empirical tests of the free market position
Q15: Agency theory explains that firms have an
Q16: The major agency relationship is between the
Q17: Congress empowered the Securities and Exchange Commission
Q18: The value of a company can be
Q19: An argument in favor of unregulated markets
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