𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Do stock price bubbles influence corporate investment?

✍ Scribed by Simon Gilchrist; Charles P. Himmelberg; Gur Huberman


Book ID
113725607
Publisher
Elsevier Science
Year
2005
Tongue
English
Weight
318 KB
Volume
52
Category
Article
ISSN
0304-3932

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## Abstract Stock based rewards are often used to motivate high‐level managers to take actions to increase the stock price of the firm. However, numerous constraints may weaken the perceived link between individual effort and stock price appreciation for many recipients. This study introduces a new