Enjoying the Quiet Life: Corporate Decision-Making by Entrenched Managers
收藏NBER2017-09-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w23804
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资源简介：
In this study, we empirically test quiet life hypothesis, which predicts that managers who are subject to weak monitoring from the shareholders avoid making difficult decisions such as risky investment and business restructuring with Japanese firm data. We employ cross-shareholder and stable
提供机构：
美国国家经济研究局
创建时间：
2017-09-01
