How managerial ownership and the market for corporate control can improve investment timing
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DOI: 10.1016/j.jbankfin.2021.106154
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- Iftekhar Hasan & Krzysztof Jackowicz & Oskar Kowalewski & Łukasz Kozłowski, 2021. "Cultural values of parent bank board members and lending by foreign subsidiaries: The moderating role of personal traits," Working Papers 2021-ACF-09, IESEG School of Management.
- Iftekhar Hasan & Krzysztof Jackowicz & Oskar Kowalewski & Łukasz Kozłowski, 2023. "Cultural values of parent bank board members and lending by foreign subsidiaries: The moderating role of personal traits," Post-Print hal-04127844, HAL.
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More about this item
Keywords
managerial ownership; market for corporate control; manager–shareholder conflict; investment incentives; real options; antitakeover laws;All these keywords.
JEL classification:
- D25 - Microeconomics - - Production and Organizations - - - Intertemporal Firm Choice: Investment, Capacity, and Financing
- G31 - Financial Economics - - Corporate Finance and Governance - - - Capital Budgeting; Fixed Investment and Inventory Studies
- G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
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