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Firm rigidities and the decline in growth opportunities

Loderer, Claudio; Stulz, René M.; Waelchli, Urs - In: Management science : journal of the Institute for … 63 (2017) 9, pp. 3000-3020

Persistent link: https://www.econbiz.de/10011748885

Asset sales, firm performance, and the agency costs of managerial discretion

Lang, Larry H. P. - 1994

Persistent link: https://www.econbiz.de/10000886327

Is bank-centered corporate governance worth it? : A cross-sectional analysis of the performance of Japanese firms during the asset price deflation

Kang, Jun-koo; Stulz, René M. - 1997

Persistent link: https://www.econbiz.de/10000643465

Why does idiosyncratic risk increase with market risk?

Bartram, Söhnke M.; Brown, Gregory W.; Stulz, René M. - 2016

From 1963 through 2015, idiosyncratic risk (IR) is high when market risk (MR) is high. We show that the positive relation between IR and MR is highly stable through time and is robust across exchanges, firm size, liquidity, and market-to-book groupings. Though stock liquidity affects the...

Persistent link: https://www.econbiz.de/10011520321