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Recursos bibliográficos en papel y digitales - - libros, artículos de revistas,
ponencias de eventos, etc. -
» Resultado:
10 registros
Registro 1 de 10 |
Autor: |
Blanchard, Olivier-Jean - Lopez-de-Silanes, Florencio - Shleifer, Andrei - |
Título: |
What Do Firms Do with Cash Windfalls? |
Fuente: |
Journal of Financial Economics. v.36, n.3. Elsevier Science |
Páginas: |
pp. 337-60 |
Año: |
Dec. 1994 |
Resumen: |
Suppose that a firm receives a cash windfall which does not change its investment opportunity set or, equivalently, its marginal Tobin’s ’Q’. What will this firm do with the money? We provide empirical answers to this question using a sample of eleven firms with such windfalls in the form of a won or settled lawsuit. We examine a variety of decisions of the firm to shed light on alternative theories of corporate financing and investment. Our evidence is broadly inconsistent with the perfect capital markets model. The results need to be stretched considerably to fit the asymmetric information model in which managers act in the interest of shareholders. The evidence supports the agency model of managerial behavior, in which managers try to ensure the long-run survival and independence of the firms with themselves at the helm. |
Solicitar por: |
HEMEROTECA J + datos de Fuente |
Registro 2 de 10 |
Autor: |
Missale, Alessandro - Blanchard, Olivier-Jean - |
Título: |
The Debt Burden and Debt Maturity |
Fuente: |
American Economic Review. v.84, n.1. American Economic Association |
Páginas: |
pp. 309-19 |
Año: |
Mar. 1994 |
Solicitar por: |
HEMEROTECA A + datos de Fuente |
Registro 3 de 10 |
Autor: |
Blanchard, Olivier-Jean - Quah, Danny - |
Título: |
The Dynamic Effects of Aggregate Demand and Supply Disturbances: Reply |
Fuente: |
American Economic Review. v.83, n.3. American Economic Association |
Páginas: |
pp. 653-58 |
Año: |
June 1993 |
Solicitar por: |
HEMEROTECA A + datos de Fuente |
Registro 4 de 10 |
Autor: |
Blanchard, Olivier-Jean - |
Título: |
Consumption and the Recession of 1990-1991 |
Fuente: |
American Economic Review. v.83, n.2. American Economic Association |
Páginas: |
pp. 270-74 |
Año: |
May 1993 |
Solicitar por: |
HEMEROTECA A + datos de Fuente |
Registro 5 de 10 |
Autor: |
Blanchard, Olivier-Jean - Diamond, Peter - |
Título: |
The Flow Approach to Labor Markets |
Fuente: |
American Economic Review. v.82, n.2. American Economic Association |
Páginas: |
pp. 354-59 |
Año: |
May 1992 |
Solicitar por: |
HEMEROTECA A + datos de Fuente |
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