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Organizational forms and investment decisions

Recurso electrónico / electronic resource
MARC record
Tag12Value
LDR  00000cab a22000004b 4500
001  MAP20090035096
003  MAP
005  20090303131853.0
008  090303s1985 usa|||| ||| ||eng d
040  ‎$a‎MAP‎$b‎spa‎$d‎MAP
084  ‎$a‎21
1001 ‎$0‎MAPA20090004955‎$a‎Fama, Eugene F.
24510‎$a‎Organizational forms and investment decisions‎$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
7730 ‎$t‎Journal of financial economics . - New York ‎$g‎nº 14, 1985 ; p. 101-119