Corporate Financing Decisions When Investors Take the Path of Least Resistance
收藏NBER2004-12-01 更新2025-01-04 收录
下载链接：
https://www.nber.org/papers/w10998
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资源简介：
We explore the consequences for corporate financial policy that arise when investors exhibit inertial behavior. One implication of investor inertia is that, all else equal, a firm pursuing a strategy of equity-financed growth will prefer a stock-for-stock merger to greenfield investment financed
提供机构：
美国国家经济研究局
创建时间：
2004-12-01
