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Published in 2017 at "Journal of Corporate Finance"
DOI: 10.1016/j.jcorpfin.2014.07.006
Abstract: In his groundbreaking work “Uncertainty, Evolution, and Economic Theory,” Armen Alchian (1950) suggests that survival is the real test of a firm's success. In this paper, I apply the survival test to the use of…
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Keywords:
class;
survival dual;
structure;
class share ... See more keywords