The Econometrics of Corporate Governance Studies
Publisher: The MIT Press
Published: July 1, 2002
Language: eng
Format: Hardcover
Number of pages: 127
ISBN-13: 9780262025171
Subjects: Budgeting & financial management; Corporations; Business & Economics; Business / Economics / Finance; Business/Economics; Econometrics; Business & Economics / Finance; Industries - General; Corporate governance; Econometric models
First sentence: Corporate managers are the dominant power brokers in large, U.S. corporations.
Description: "A vast theoretical and empirical literature in corporate finance considers the interrelationships of corporate governance, takeovers, management turnover, corporate performance, corporate capital structure, and corporate ownership structure. Most of the studies look at two variables at a time.

In this book Sanjai Bhagat and Richard Jefferis argue that from an econometric viewpoint, the proper way to study the relationship between any two of these variables is to set up a system of simultaneous equations to specify the relationships among the six variables."--BOOK JACKET.