Do concentrated shareholdings mitigate the agency problem of ''free cash flow''? some evidence

It is often argued that corporate managers tend to waste ''free cash flow''. While the standard Berle-Means approach to corporate agency problems suggests that this behavior should be restricted to firms with atomistic shareholders, it is argued here that the effect of concentrat...
Ausführliche Beschreibung

Gespeichert in:
Autor*in:

Garvey, G.

Format:

E-Artikel

Sprache:

Englisch

Erschienen:

1992

Reproduktion:

Elsevier Journal Backfiles on ScienceDirect 1907 - 2002

Übergeordnetes Werk:

in: International Review of Economics and Finance - Amsterdam : Elsevier, 1(1992), 4, Seite 347-369

Übergeordnetes Werk:

volume:1 ; year:1992 ; number:4 ; pages:347-369

Links:

Link aufrufen

Katalog-ID:

NLEJ176811702

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