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Keywords: Liquidation value
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Journal Articles
CEO inside debt, asset tangibility, and investment
Available to Purchase
International Journal of Managerial Finance (2015) 11 (4): 451–479.
Published: 07 September 2015
...Ran Lu-Andrews; Yin Yu-Thompson Purpose – The authors intend to perform empirical analysis to test the theory proposed by Edmans and Liu (2011) that CEOs with more debt-like compensations care more about the liquidation value of the firm. The purpose of this paper is to examine the relations...
