The Influence of Blockholders on Agency Costs and Firm Value, Markus P. Urban
Автор: Prof. Dr. Malte Brettel; Lukas Junker Название: Equity Carveouts, Agency Costs, and Firm Value ISBN: 3835000926 ISBN-13(EAN): 9783835000926 Издательство: Springer Рейтинг: Цена: 97820.00 T Наличие на складе: Есть у поставщика Поставка под заказ. Описание: Lukas Junker shows that in contrast to the dominantly positive assessment, on the German capital market and on a long-term basis ECOs are associated with a deterioration of firm value. This can be mainly explained by a lack of independence of the subsidiary in the typical transaction.
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