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Long-term performance of divesting firms and the effect of managerial ownership

✍ Scribed by Robert C. Hanson; Moon H. Song


Book ID
110671246
Publisher
Springer US
Year
2003
Tongue
English
Weight
993 KB
Volume
27
Category
Article
ISSN
1055-0925

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## Abstract This paper provides a joint assessment of the antecedents and the performance consequences of the allocation of ownership rights in professional service firms (PSFs). Drawing on established economic theory, we argue that the efficiency implications of alternative ownership arrangements