Finance - 18742 Words
JOURNAL OF FINANCIAL AND QUANTITATIVE ANALYSIS doi:10.1017/S0022109009990299
Vol. 44, No. 5, Oct. 2009, pp. 1045–1079
COPYRIGHT 2009, MICHAEL G. FOSTER SCHOOL OF BUSINESS, UNIVERSITY OF WASHINGTON, SEATTLE, WA 98195
Management Quality, Financial and Investment Policies, and Asymmetric Information
Thomas J. Chemmanur, Imants Paeglis, and Karen Simonyan ∗
Abstract
We develop measures of the management quality of firms and make use of a unique sample of hand-collected data to examine...
18,742 Words | 55 Pages