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Agency Conflicts and Cash: Estimates from a Dynamic Model
Which agency problems affect corporate cash policy? To answer the questions, we estimate a dynamic model of finance and investment with three mechanisms that misalign managerial and shareholder incentives: limited nabagerial ownership of the firm, compensation based on firm size, and managerial perquisite consumption..Printed Journal
Call Number | Location | Available |
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JOF6905 | PSB lt.dasar - Pascasarjana | 1 |
Penerbit | The American Finance Asosiation., |
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Edisi | - |
Subjek | Model Data estimation and identification results conclussion |
ISBN/ISSN | 221082 |
Klasifikasi | - |
Deskripsi Fisik | - |
Info Detail Spesifik | - |
Other Version/Related | Tidak tersedia versi lain |
Lampiran Berkas | Tidak Ada Data |