Are Perks Purely Managerial Excess?
收藏NBER2004-05-01 更新2025-01-04 收录
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https://www.nber.org/papers/w10494
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资源简介:
A widespread view is that executive perks exemplify agency problems -- they are a route through which managers misappropriate a firms surplus. Accordingly, firms with high free cash flow, operating in industries with limited investment prospects, should offer more perks, and firms subject to more
提供机构:
美国国家经济研究局
创建时间:
2004-05-01



