Showing 1 - 10 of 45
Persistent link: https://www.econbiz.de/10014381819
Persistent link: https://www.econbiz.de/10014433544
Persistent link: https://www.econbiz.de/10014439025
Persistent link: https://www.econbiz.de/10015152605
Persistent link: https://www.econbiz.de/10010252083
Persistent link: https://www.econbiz.de/10010258802
Persistent link: https://www.econbiz.de/10010204967
Persistent link: https://www.econbiz.de/10010248991
Persistent link: https://www.econbiz.de/10009729507
The corporate finance literature documents that managers tend to overinvest into physical assets. A number of theoretical contributions have aimed to explain this stylized fact, most of them focussing on a fundamental agency problem between shareholders and managers. The present paper shows that...
Persistent link: https://www.econbiz.de/10010469958