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Market Liquidity and Corporate Control: A Comment on Maug (1998)
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Park, Cheol | - |
dc.date.accessioned | 2019-12-27T03:04:21Z | - |
dc.date.available | 2019-12-27T03:04:21Z | - |
dc.date.issued | 2016-12 | - |
dc.identifier.citation | 경영논집, Vol.50, pp. 145-155 | - |
dc.identifier.issn | 2384-2849 | - |
dc.identifier.other | 07-000063 | - |
dc.identifier.uri | https://hdl.handle.net/10371/162958 | - |
dc.description.abstract | This note points out a small mistake made in Maugs 1998 paper in the Journal of Finance. It is shown that a correct analysis of the problem yields results different from Maugs. In short, even when the market is very liquid, a large block holder with sufficient incentives to monitor the management does not emerge. | - |
dc.description.sponsorship | Financial support from the Institute of Management Research and Institute of Finance and Banking of the Seoul National University is gratefully acknowledged. | - |
dc.language.iso | en | - |
dc.publisher | 서울대학교 경영대학 경영연구소 | - |
dc.title | Market Liquidity and Corporate Control: A Comment on Maug (1998) | - |
dc.type | SNU Journal | - |
dc.contributor.AlternativeAuthor | 박철 | - |
dc.citation.journaltitle | 경영논집 | - |
dc.citation.endpage | 155 | - |
dc.citation.pages | 145-155 | - |
dc.citation.startpage | 145 | - |
dc.citation.volume | 50 | - |
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