Showing 1 - 10 of 120
Persistent link: https://www.econbiz.de/10010409933
Persistent link: https://www.econbiz.de/10008746340
In firms with concentrated ownership the controlling shareholder may pursue nonmonetary private returns, such as electoral goals in a firm controlled by politicians or family prestige in family firms. We use a simple theoretical model to analyze how this mechanism affects the selection of...
Persistent link: https://www.econbiz.de/10011757267
Persistent link: https://www.econbiz.de/10002745343
We consider an inventory model for a liquid asset where the per-period net expenditures have two components: one that is frequent and small and another that is infrequent and large. We give a theoretical characterization of the optimal management of liquid asset as well as of the implied...
Persistent link: https://www.econbiz.de/10013105001
Persistent link: https://www.econbiz.de/10010253075
Persistent link: https://www.econbiz.de/10003841248
Persistent link: https://www.econbiz.de/10009560785
Persistent link: https://www.econbiz.de/10003413761
Persistent link: https://www.econbiz.de/10003845419