Agency theory and the influence of equit
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David J. Denis; Diane K. Denis; Atulya Sarin
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Article
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1999
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John Wiley and Sons
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English
โ 39 KB
๐ 2 views
We articulate the agency theory view of managerial decision making and its implications for corporate diversification strategies. From agency theory, we generate testable predictions for the relation between equity ownership structure and diversification strategies and review the existing evidence o