Using Positive Accounting Theory (PAT), describe the 'efficiency' and 'opportunistic' perspective' with respect to companies paying bonus to their employees.

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter2: Financial Reporting: Its Conceptual Framework
Section: Chapter Questions
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 Using Positive Accounting Theory (PAT), describe the 'efficiency' and 'opportunistic' perspective' with respect to companies paying bonus to their employees. 

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