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Persistent link: https://www.econbiz.de/10005823947
Managerial reputation could induce managers to make mixed blessing acquisitions for shareholders. From a managerail … ability learning model, we show that managers' acquisitions may reduce the firm's solvency unless the acquisition return first …
Persistent link: https://www.econbiz.de/10005582618
manager or two lacal managers. It is plausible that in the second case the state of demand in each market can be better …
Persistent link: https://www.econbiz.de/10005168431
Cost-benefit analysis (CBA) is the most popular evaluation tool in economics. However, it is widely recognised that one of its main limitations is the impossibility of splitting efficiency and equity issues. The present paper, from an economic theoretical point of view, will present a...
Persistent link: https://www.econbiz.de/10005168448
Persistent link: https://www.econbiz.de/10005027544