Paper #94

Title:

Why do owners let their managers pay too much for their acquisitions?

Authors:

Ramon Faulí and Massimo Motta

Date:

October 1994

Area of Research:

Finance and Accounting

Published in:

Journal of Economics and Management Strategy 4/4, 497-514, Winter 1996
With the title:
Managerial Incentives for Takeovers

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