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Governing Misvalued Firms

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NBER2014-01-01 更新2025-01-04 收录
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Equity overvaluation is thought to create the potential for managerial misbehavior, while monitoring and corporate governance curb misbehavior. We combine these two insights from the literatures on misvaluation and governance to ask 'when does governance matter?' Examining firms with standard long

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2014-01-01
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