Does Firm-Specific Risk Motive the Asset Substitution Problem?
碩士 === 國立清華大學 === 計量財務金融學系 === 102 === This study investigates the motivation of asset substitution problem. I find the firm-specific risk is significantly positive related with the firm's overinvestment level. My finding confirms that the asset substitution problem is motive from the firm-spec...
| Main Authors: | , |
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| Other Authors: | |
| Format: | Others |
| Language: | en_US |
| Published: |
2014
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| Online Access: | http://ndltd.ncl.edu.tw/handle/43026406027329009896 |