Organizational forms and investment decisions
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Tag | 1 | 2 | Value |
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LDR | 00000cab a22000004b 4500 | ||
001 | MAP20090035096 | ||
003 | MAP | ||
005 | 20090303131853.0 | ||
008 | 090303s1985 usa|||| ||| ||eng d | ||
040 | $aMAP$bspa$dMAP | ||
084 | $a21 | ||
100 | 1 | $0MAPA20090004955$aFama, Eugene F. | |
245 | 1 | 0 | $aOrganizational forms and investment decisions$cEugene F. Fama, Michael C. Jensen |
260 | $c1985 | ||
520 | $aThis paper analyzes investment rules for various organizational forms that are distinguished by the characteristics of their residual claims. Different restrictions on residual claims lead to different decision rules. the analysis indicates that the investment decisions of open corporations, financial mutuals and non-profits can be modeled by the value maximization rule. However, the decisions of proprietorships, partnerships, and closed corporations cannot in general be modeled by the market value rule | ||
650 | 1 | $0MAPA20080611248$aInversiones financieras | |
650 | 1 | $0MAPA20080588434$aToma de decisiones | |
650 | 1 | $0MAPA20080569815$aOrganizaciones | |
650 | 1 | $0MAPA20080567118$aReclamaciones | |
650 | 1 | $0MAPA20080555368$aMutualismo | |
773 | 0 | $tJournal of financial economics . - New York $gnº 14, 1985 ; p. 101-119 |