The effect of equity overvaluation on over-investment
碩士 === 靜宜大學 === 財務金融研究所 === 97 === Prior research indicates agency problem arises in overvalued firms (Jensen, 2005). Under the agency theory of overvalued equity, one of the main issues is over-investment. To our best knowledge, this is the first research to test the direct link between equity over...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | en_US |
| Published: |
2009
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| Online Access: | http://ndltd.ncl.edu.tw/handle/rmb63n |