Essays in Accounting Theory in Honour of Joel S. Demski

Joel S. Demski: A Leader in Accounting Scholarship.- Joel S. Demski: A Leader in Accounting Scholarship.- General Theory.- Fair Value, Accounting Aggregation and Multiple Sources of Information.- Equilibrium Voluntary Disclosures when Firms Possess Random Multi-Dimensional Private Information.- Synergy, Quantum Probabilities, and Cost of Control.- Moral Hazard with Hidden Information.- On The Subtleties of the Principal-Agent Model.- Applied Theory.- Incentive Problems and Investment Timing Options.- Aligning Incentives by Capping Bonuses.- The Controllability Principle in Responsibility Accounting: Another Look.- Public Disclosure of Trades by Corporate Insiders in Financial Markets and Tacit Coordination.- Connections to Practice.- The Structure of Performance-Vested Stock Option Grants.- The Lcamr Missile.- Commentary and Perspectives.- A Note on the Information Perspective and the Conceptual Framework.- Economizing Principle in Accounting Research.