Efficiency in the Market for Financial Advisory Services to Businesses
This paper considers whether company decisions on their advisors promote efficiency in the market for business advisory services. We employ a fixed effects measure of advisor quality and find that no fine-grained measure of performance seems to influence separation and hiring decisions. We do find t...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
National Bank of Ukraine
2018-12-01
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| Series: | Visnyk of the National Bank of Ukraine |
| Subjects: | |
| Online Access: | http://journal.bank.gov.ua/uploads/articles/246_3.pdf |