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Titlebook: Excess Cash Flow; A Signal for Institu Rahul Dhumale Book 2003 Rahul Dhumale 2003 cash flow.corporate governance.finance.Governance.informa

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發(fā)表于 2025-3-23 13:17:32 | 只看該作者
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發(fā)表于 2025-3-23 22:04:36 | 只看該作者
https://doi.org/10.1007/978-3-658-08754-8 the more commonly accepted asymmetric information (AIA) considerations. Evidence here supports the agency model of MPAA behaviour rather than information asymmetry which assumes perfect capital markets. This study is a fundamental departure from the evidence in the literature which rarely distinguishes between the MPAA and AIA.
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發(fā)表于 2025-3-24 00:49:05 | 只看該作者
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發(fā)表于 2025-3-24 11:20:19 | 只看該作者
Factors Affecting the Market for Corporate Control: The Role of Excess Cash, Diversification, and Pgh short-termism, greater concentration of industry, and agency costs. This chapter examines the signalling effects of earnings retention and diversification on returns during acquisitive activities and considers the benefits and disadvantages of a more active market for corporate control within India at a macroeconomic level.
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發(fā)表于 2025-3-24 16:44:08 | 只看該作者
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發(fā)表于 2025-3-24 20:13:50 | 只看該作者
Introduction, operate. The most recent Asian financial crisis and its exposure of institutional failures in the context of financial sector liberalisation shows that these market conditions are vital. At a micro-economic level, free market economies function through institutions and corporate governance mechanis
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發(fā)表于 2025-3-24 23:54:21 | 只看該作者
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