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Foreign Equity Investment Restrictions and Shareholder Wealth Maximization

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NBER1992-11-01 更新2025-01-04 收录
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https://www.nber.org/papers/w4217
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资源简介:
This paper provides a theory of foreign equity investment restrictions. In a setting where the demand function for domestic shares differs between domestic and foreign investors, domestic entrepreneurs can maximize firm value by discriminating between domestic and foreign investors. The empirical
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1992-11-01
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