Frezatti, Fábio; Bido, Diógenes de Souza; Cruz, Ana … - In: European Accounting Review 22 (2013) 2, pp. 297-336
This paper aimed to verify how companies formalise the decisions and control on long-term investments. In particular, an analysis of the published literature reveals a relevant gap between the strategic and financial perspectives in addressing this issue, and Agency Theory was proposed as a...