Ackermann, Carl (contributor); Servaes, Henri (contributor) - 2004 - [Elektronische Ressource]
studies how rival firms respond when a firm in the industry encounters a control threat because it
suffers from agency … studies how competitors react when there is a threat to the independence of one of the firms
in an industry. This research is … negative relation
between leverage and output in three of the four industries he studies and Kovenock and Phillips (1997) find …