The impact of shareholder intervention on overinvestment of free cash flow by overconfident CEOs
Year of publication: |
2021
|
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Authors: | Kwon, Sewon ; Ahn, Jae Hwan ; Kim, Gi H. |
Published in: |
International review of financial analysis. - Amsterdam [u.a.] : Elsevier, ISSN 1057-5219, ZDB-ID 1133622-5. - Vol. 75.2021, p. 1-18
|
Subject: | CEO overconfidence | Free cash flow | Investment distortion | Investment-cash flow sensitivity | Shareholder intervention | Cash Flow | Cash flow | Führungskräfte | Managers | Investitionsentscheidung | Investment decision | Aktionäre | Shareholders | Investition | Investment |
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