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Investability and Firm Value

✍ Scribed by Todd Mitton; Thomas O’Connor


Book ID
111059290
Publisher
John Wiley and Sons
Year
2010
Tongue
English
Weight
350 KB
Volume
18
Category
Article
ISSN
1354-7798

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## Abstract The purpose of this article is to test empirically the impact of Chinese managerial confidence on firm value through investment decisions. We use a simultaneous equation model, which treats firm value, investments, and managerial confidence as endogenous to the firm. With a sample of 32