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The Effect of Insider Trading on Insiders' Reaction to Opportunities to "Waste" Corporate Value

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NBER1991-02-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/t0095
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资源简介:
This paper analyzes certain effects of insider trading on the principal-agent problem in corporations. Specifically, we focus on those managerial choices that confront managers with the need to decide between options that produce different corporate value but do not differ in the managerial effort
提供机构:
美国国家经济研究局
创建时间:
1991-02-01
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