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The organizational implications of creativity : the US film industry in mid-XXth century

Gil, Ricard; Spiller, Pablo T. - 2007

We develop a basic framework to understand the organization of highly creative activities. Management faces a …

Persistent link: https://www.econbiz.de/10003513968

Do tax incentives affect business location and economic development? : evidence from state film incentives

Button, Patrick - 2019

Persistent link: https://www.econbiz.de/10012055496

Managerial beliefs and corporate financial policies

Malmendier, Ulrike; Tate, Geoffrey; Yan, Jonathan - 2010

"We measure the impact of individual managerial beliefs on corporate financing. First, managers who believe that their firm is undervalued view external financing as overpriced, especially equity. We show that such overconfident managers use less external finance and, conditional on accessing...

Persistent link: https://www.econbiz.de/10003926799

The economics of hedge funds : alpha, fees, leverage, and valuation

Lan, Yingcong; Wang, Neng; Yang, Jinqiang - 2011

"Hedge fund managers are compensated via management fees on the assets under management (AUM) and incentive fees … only paid via management fees, the manager optimally chooses time-invariant leverage to balance the size of allocation to … via both management and incentive fees, we show that (i) the high-powered incentive fees encourage excessive risk taking …

Persistent link: https://www.econbiz.de/10008933608