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Is leverage effective in increasing performance under managerial moral hazard?

Calcagno, Riccardo (contributor) - 2000 - [Elektronische Ressource]

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The impact of ownership structure on firm performance : evidence from a large emerging market

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The managerial labour market and the governance role of shareholder control structures in the UK

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When do German firms change their dividends?

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Investment policy, internal financing and ownership concentration in the UK

Goergen, Marc (contributor); Renneboog, Luc (contributor) - 2000 - [Elektronische Ressource]

This paper investigates whether investment spending of firms is sensitive to the availability of internal funds. Imperfect capital markets create a hierarchy for the different sources of funds such that investment and financial decisions are not independent. The relation between corporate...