... studies the behaviour of different actors in the political process (Buchanan and Tullock, 1962), considering the same guiding principles as agency theory in economic sciences (Pereira, 1997). Therefore, it is possible to hypothesize that politicians are motivated by earnings management. In Portugal...

.... According to agency theory, one can expect that accounting information is used by both the politician (manager), as a way of signalling their own performance, and the principal (local participants in the political process, citizens/voters, creditors and donors) for monitoring political action...

... opportunistic behaviour, it is necessary to reduce information asymmetries, and voters want politicians to disclose information to have a clear picture of their activities (Zimmerman, 1977). Using the assumptions of the agency theory, some scholars (Ingram and Copeland, 1981 ; Feroz and Wilson, 1994...

... of this paper is to offer an exploratory study of unclaimed property in the USA and the factors that influence management. Design/methodology/approach The authors use Agency Theory to examine the role of unclaimed property in state government budgeting and operations. The data consisted of a 2011 survey...