Cuervo-Cazurra, Alvaro; Dau, Luis Alfonso - 2008
economic deregulation (for a review see Winston, 1993). Fourth, the
model applies to large firms which can more easily choose … and
managers (for a review see Becht, Bolton, & Roell, 2003) and have argued that agency costs
vary with changes in … ownership (for a review see Berger, Clarke, Cull, Klapper, & Udell, 2005).
Here we take a different route by proposing that …