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Agency Conflicts and Cash: Estimates from a Dynamic Model

Nikolov, Boris - ; Whited,Toni M. - ;

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


Ketersediaan

Call NumberLocationAvailable
JOF6905PSB lt.dasar - Pascasarjana1
Penerbit: The American Finance Asosiation
Edisi-
SubjekModel
Data
estimation and identification
results
conclussion
ISBN/ISSN221082
Klasifikasi-
Deskripsi Fisik-
Info Detail Spesifik-
Other Version/RelatedTidak tersedia versi lain
Lampiran BerkasTidak Ada Data

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