Question
What is the role of takeovers in corporate governance? How does asymmetric information between very knowledgeable corporate insiders and less knowledgeable, but rational, outside investors
What is the role of takeovers in corporate governance?
How does asymmetric information between very knowledgeable corporate insiders and less knowledgeable, but rational, outside investors discourage raising equity through selling new shares to the public?
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The Theory And Practice Of Investment Management
Authors: Frank J Fabozzi, Harry M Markowitz
2nd Edition
0470929901, 9780470929902
