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Management" rundet die Palette ab. Das Buch ist inhaltlich und methodisch genau auf die Anforderungen der Veranstaltung …
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1.Why do firms in the same industry adopt different management practices? …2.Does the adoption of a new management practice raise productivity? …3.If so, why does the new management practice raise productivity? …
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By reducing the threat of a hostile takeover, business combination (BC) laws weaken corporate governance and increase the opportunity for managerial slack. Consistent with the notion that competition mitigates managerial slack, we find that while firms in non-competitive industries experience a...
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benchmark substantially mitigates the utility costs of decentralized investment management. These costs can be further reduced …
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Dynastic management is the inter-generational transmission of control over assets that is typical of family-owned firms …. It is pervasive around the World, but especially in developing countries. We argue that dynastic management is a … incidence of dynastic management depends on the severity of asset-market imperfections, on the economy's saving rate, and on the …
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We survey the theory and evidence of behavioral corporate finance, which generally takes one of two approaches. The market timing and catering approach views managerial financing and investment decisions as rational managerial responses to securities mispricing. The managerial biases approach...
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