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corporate internal control systems have failed to deal effectively with these changes, especially slow growth and the …
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This document contains a collection of 99 exam questions from the last 20 years of the Coordination, Control, and the …;a href=quot;http://papers.ssrn.com/paper.taf?abstract_id=78008quot;gt;Coordination, Control, and the Management of …=quot;http://papers.ssrn.com/paper.taf?abstract_id=77969quot;gt;Coordination, Control, and the Management of Organizations: Course Content and Materialslt;/agt;, by Michael C …
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Through dozens of studies, economists have accumulated considerable evidence and knowledge on the effects of the takeover market. Most of the earlier work is well summarized elsewhere (Jensen and Ruback (1983); Jensen (1984); Jarrell, Brickley and Netter (1988)). Here, I focus on current aspects...
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The interests and incentives of managers and shareholders conflict over such issues as the optimal size of the firm and the payment of cash to shareholders. These conflicts are especially severe in firms with large free cash flows--more cash than profitable investment opportunities. The theory...
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