NBER WORKING PAPER SERIES THE INTERNAL GOVERNANCE OF FIRMS Viral V. Acharya ... PDF
46 Pages·2011·0.43 MB·English
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G31,G34,G35. ABSTRACT Cambridge, MA 02142-1347 and NBER Results. Boston, MA: Harvard Business School Press, p. 64. Donaldson (1985) describes top management's objective as maximizing corporate We show that this extends the horizon of the CEO so much that the first best level
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