Benefits of Control, Managerial Ownership, and the Stock Returns of Acquiring Firms
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下载链接：
https://www.nber.org/papers/w5079
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资源简介：
This paper examines the effect of the benefits of corporate control to managers on the relationship between managerial ownership and the stock returns of acquiring firms in corporate control transactions. At low levels of managerial ownership, agency costs of equity (such as perquisite consumption)
提供机构：
美国国家经济研究局
创建时间：
1995-04-01
