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Capital Allocation and Delegation of Decision-Making Authority within Firms

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NBER2011-08-01 更新2025-01-04 收录
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https://www.nber.org/papers/w17370
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资源简介:
We survey more than 1,000 CEOs and CFOs to understand how capital is allocated, and decision-making authority is delegated, within firms. We find that CEOs are least likely to share or delegate decision-making authority in mergers and acquisitions, relative to delegation of capital structure, payout
提供机构:
美国国家经济研究局
创建时间:
2011-08-01
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