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Corporate Governance and Equity Prices

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NBER2001-08-01 更新2025-01-04 收录
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Corporate-governance provisions related to takeover defenses and shareholder rights vary substantially across firms. In this paper, we use the incidence of 24 different provisions to build a 'Governance Index' for about 1,500 firms per year, and then we study the relationship between this index and

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2001-08-01
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