Why are firms with more managerial ownership worth less?
Year of publication: |
2021
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Authors: | Fabisik, Kornelia ; Fahlenbrach, Rüdiger ; Stulz, René M. ; Taillard, Jérôme P. |
Published in: |
Journal of financial economics. - Amsterdam [u.a.] : Elsevier, ISSN 0304-405X, ZDB-ID 187118-3. - Vol. 140.2021, 3, p. 699-725
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Subject: | Firm value | Liquidity | Managerial ownership | Tobin's q | Tobins Q | Tobin's Q | Unternehmenswert | Führungskräfte | Managers | Unternehmen | Enterprise | Eigentümerstruktur | Ownership structure | Betriebliche Liquidität | Corporate liquidity |
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Why are firms with more managerial ownership worth less?
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