Similar Search Results

General purpose technology and within-group inequality

Aghion, Philippe - 2000

Persistent link: https://www.econbiz.de/10013423093

Inequality and mobility

Hassler, John; Rodríguez Mora, José Vicente; Zeira, Joseph - 2000

Persistent link: https://www.econbiz.de/10013423119

Entrepreneurial orientation in management buy-outs and the contribution of venture capital

Bruining, Hans (contributor); Wright, Mike (contributor) - 2002 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001701343

Managerial incentives and the efficiency of capital structure

Hughes, Joseph P. (contributor) - 2001 - [Elektronische Ressource], rev

Persistent link: https://www.econbiz.de/10001566302

Estimating managers' utility-maximizing demand for agency goods

Hughes, Joseph P. (contributor); … - 2003 - [Elektronische Ressource]

An empirical model of managers' demand for agency goods is derived and estimated using the Almost Ideal Demand System … of Deaton and Muellbauer (AER 1980). As in Jensen and Meckling (JFE 1976), we derive managers' demand for agency goods by … maximizing a managerial utility function where managers allocate the potential value of their firm's assets to the consumption of …

Persistent link: https://www.econbiz.de/10001889146

Managerial incentives and the efficiency of capital structure in US commercial banking

Hughes, Joseph P.; Lang, William W.; Moon, Chuon-geol; … - 2003 - [Elektronische Ressource]. - Rev.

We extend the literature on the effects of managerial entrenchment to consider how safety-net subsidies and financial distress costs interact with managerial incentives to influence capital structure in U.S. commercial banking. Using cross-sectional data on publicly traded, highest-level U.S....