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Who’s Paying Attention? Measuring Common Ownership and Its Impact on Managerial Incentives

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NBER2019-03-01 更新2025-01-04 收录
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https://www.nber.org/papers/w25644
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资源简介:
We derive a measure that captures the extent to which overlapping ownership structures shift managers incentives to internalize externalities. A key feature of the measure is that it allows for the possibility that not all investors are attentive to whether a managers actions benefit the investors
提供机构:
美国国家经济研究局
创建时间:
2019-03-01
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