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Purpose–The purpose of this paper is to investigate the influence of idiosyncratic risk on firm decisions. Design/methodology/approach -By introducing managerial ownership as a key variable, the paper presents a parsimonious model to describe the consequences of idiosyncratic risk on firm...
Persistent link: https://www.econbiz.de/10010891197
Purpose – The purpose of this paper is to investigate the influence of idiosyncratic risk on firm decisions. Design/methodology/approach – By introducing managerial ownership as a key variable, the paper presents a parsimonious model to describe the consequences of idiosyncratic risk on firm...
Persistent link: https://www.econbiz.de/10014694567