Over the last four decades, the responsibility accounting literature has examined the determinants and consequences of a variety of issues concerning incentives and performance evaluation in hierarchical organizations. Authority and Accountability in Hierarchies examines the factors that drive assignment of authority inside the corporate hierarchy. In particular, we focus on authority assigned to middle managers or business-unit managers, rather than CEOs or senior executives, because decisions and actions taken at middle levels are collectively far-reaching and because little of the...