AgencyCosts,NetWorth,andBusinessFluctuations Author(s):BenBernankeandMarkGertler Source:TheAmericanEconomicReview,Vol.79,No.1(Mar.,1989),pp.14-31 Publishedby:AmericanEconomicAssociation StableURL:http://.jstor/
Agency Costs, Net Worth and Endogenous Business FluctuationsGiovanni FavaraSociety for Economic Dynamics
Agency Costs, Net Worth and Endogenous Business Fluctuations. This essay proposes a theory of endogenous business fluctuations. A central tenet of the theory is that investment decisions depend upo ... G Favara 被引量: 0发表: 2006年 Agency Costs, Net Worth, And Business Fluctuations This paper...
Agency Costs, Net Worth and Business Fluctuations: A Computable General Equilibrium Analysis Federal Reserve Bank of Cleveland Working Paper 96-02 (1996) C.T. Carlstrom et al. Agency Costs, Net Worth and Business Fluctuations: A Computable General Equilibrium Analysis American Economic Review (1997...
We refer to this as the agency costs (AC) hypothesis (H2): H2 Agency Cost (AC) Hypothesis: Firms which are ex-ante more likely to face agency problems exhibit higher sensitivities of over-investment to free cash flow. Taken together, financial constraints and agency problems can prevent ...
Earned media value is a metric that estimates the worth of third-party brand exposure. Unlike paid or owned media, earned media isn't directly controlled by the brand. It refers to organic publicity gained through mentions, shares, reviews, and influencer promotions-without direct payment for ...
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What they should do:Keep having another win-at-all costs offseason. Trading Reilly Smith to have the cap space to re-sign Ivan Barbashev has made the Golden Knights the Wario meme in which a dejected Wario states, "I've won ... but at what cost?" In this case, the cost was moving...