Agency Costs of Overvalued Equity
In the past few years, we have seen many fine companies end up in ruins and watched record numbers of senior executives go to jail. And we will surely hear of more investigations, more prison terms, and more damaged reputations. Shareholders and society have borne value destruction in the hundred...
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| Format: | Working Paper |
| Language: | en_US |
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Center for Public Leadership
2010
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| Online Access: | http://hdl.handle.net/1721.1/55940 |