Effects of the separation of ownership and control on corporate cash decisions
This thesis consists of two studies related to the disentangling of monitoring effectiveness and managerial entrenchment, and the examination of their distinct effect on corporate cash decisions. In the first study, I design a discrete-time model of delegated cash management where effectiveness of...
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Lancaster University
2015
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| Online Access: | http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.724988 |