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Published in 2017 at "Journal of Corporate Finance"
DOI: 10.1016/j.jcorpfin.2017.02.010
Abstract: Existing literature emphasizes skills-based explanations for executive-firm matching, namely in the context of financial expertise. In contrast, our paper argues that informational concerns may also be relevant. We model a public firm with a project…
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Keywords:
managerial myopia;
executive firm;
firm;
financial expertise ... See more keywords