Does Corporate Governance Matter in Competitive Industries?
收藏NBER2009-04-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w14877
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资源简介：
By reducing the threat of a hostile takeover, business combination (BC) laws weaken corporate governance and increase the opportunity for managerial slack. Consistent with the notion that competition mitigates managerial slack, we find that while firms in non-competitive industries experience a
提供机构：
美国国家经济研究局
创建时间：
2009-04-01
