Do issuing firms raise more than needed? An overinvestment investigation and the role of corporate governance
碩士 === 靜宜大學 === 國際企業學系 === 99 === Based on agency theory and free cash flow hypothesis, this study investigates the investment behavior after initial public offering and the relationship between overinvestment and the post-issue long-term performance. The accounting-based overinvestment is measured...
Main Authors: | , |
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Other Authors: | |
Format: | Others |
Language: | en_US |
Published: |
2011
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Online Access: | http://ndltd.ncl.edu.tw/handle/07369911771807788207 |