Keywords: Managerial education
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Journal Articles
Managerial Finance (2017) 43 (12): 1358–1374.
Published: 04 December 2017
...Pi-Hsun Tseng; Xuan-Qi Su; Hsiu-Jung Tsai Purpose The purpose of this paper is to study the effect of managerial education levels on the wealth effect at the time of investment announcements, by testing two competitive hypotheses: the agency theory-based overinvestment hypothesis vs the Q-theory...

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