Does equity pledge of major shareholders affect investment efficiency?
Year of publication: |
2023
|
---|---|
Authors: | Chen, Hao ; Lixia, Wu |
Published in: |
Finance research letters. - Amsterdam [u.a.] : Elsevier, ISSN 1544-6123, ZDB-ID 2181386-3. - Vol. 58.2023, 1, p. 1-7
|
Subject: | Company performance agency cost | Inefficient investment | Major shareholder equity pledge | Aktionäre | Shareholders | Prinzipal-Agent-Theorie | Agency theory | Unternehmenserfolg | Firm performance | Eigentümerstruktur | Ownership structure | Corporate Governance | Corporate governance | Shareholder Value | Shareholder value | Investitionsentscheidung | Investment decision | Effizienz | Efficiency | Aktiengesellschaft | Listed company | Investition | Investment |
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