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Strategic alliance, agency problems, and labor investment efficiency
16 references·0 citing·47 second hop
Strategic alliance, agency problems, and labor investment efficiency (2024)Strategic alliance, agency problems, and …Robots and Jobs: Evidence from US Labor Markets (2019)Robots and Jobs: Evidence fro…How does financial reporting quality relate to investment efficiency? (2009)How does financial reporting …The Polarization of the U.S. Labor Market (2006)The Polarization of the U.S. …Over-investment of free cash flow (2006)Over-investment of free cash …Agency, Information and Corporate Investment (2001)Agency, Information and Corpo…Do firms learn to create value? The case of alliances (2000)Do firms learn to create valu…A Resource-Based Theory of Strategic Alliances (2000)A Resource-Based Theory of St…Capital-Market Imperfections and Investment (1997)Capital-Market Imperfections …Competition and Corporate Performance (1996)Competition and Corporate Per…Detecting Earnings Management. (1995)Detecting Earnings Management.STRATEGIC ALLIANCE STRUCTURING: A GAME THEORETIC AND TRANSACTION COST EXAMINATION OF INTERFIRM COOPERATION. (1993)STRATEGIC ALLIANCE STRUCTURIN…Earnings Management During Import Relief Investigations (1991)Earnings Management During Im…Collaborate with your competitors and win (1989)Collaborate with your competi…Limited-Dependent and Qualitative Variables in Econometrics. (1984)Limited-Dependent and Qualita…The Strength of Weak Ties (1973)The Strength of Weak TiesRisk, Return, and Equilibrium: Empirical Tests (1973)Risk, Return, and Equilibrium…Corporate Forecasts of Earnings Per Share and Stock Price Behavior: Empirical Test (1976)The economic implications of corporate financial reporting (2005)The Nature of the Firm (1937)The Evolution of Cooperation (1981)Economic Action and Social Structure: The Problem of Embeddedness (1985)Interorganizational Collaboration and the Locus of Innovation: Networks of Learning in Biotechnology (1996)The Relational View: Cooperative Strategy and Sources of Interorganizational Competitive Advantage (1998)Common method biases in behavioral research: A critical review of the literature and recommended remedies. (2003)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Behavior of Stock-Market Prices (1965)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)The Psychology of Interpersonal Relations. (1958)Social Capital, Intellectual Capital, and the Organizational Advantage (1998)Social Capital: Prospects for a New Concept (2002)The Benefits of Facebook “Friends:” Social Capital and College Students’ Use of Online Social Network Sites (2007)The Death and Life of Great American Cities (2015)Diffusion of Innovations 1 (2019)A resource‐based view of the firm (1984)Firm Resources and Sustained Competitive Advantage (1991)Alliance Management as a Source of Competitive Advantage (2002)THE COMPETITIVE ADVANTAGE OF INTERCONNECTED FIRMS: AN EXTENSION OF THE RESOURCE-BASED VIEW. (2002)Cooperative R&D and firm performance (2004)Firm resources and sustained competitive advantage (2004)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Corporate financing and investment decisions when firms have information that investors do not have (1984)A Survey of Corporate Governance (1997)Government intervention and investment efficiency: Evidence from China (2010)Financial Reporting Quality and Investment Efficiency of Private Firms in Emerging Markets (2011)Changes in Relative Wages, 1963-1987: Supply and Demand Factors (1992)The Skill Content of Recent Technological Change: An Empirical Exploration (2003)The second machine age: work, progress, and prosperity in a time of brilliant technologies (2015)The Race Between Machine and Man: Implications of Technology for Growth, Factor Shares and Employment (2016)Artificial Intelligence, Firm Growth, and Industry Concentration (2020)Experimental evidence on the productivity effects of generative artificial intelligence (2023)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)A review of tax research (2010)Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)Textual Analysis in Accounting and Finance: A Survey (2016)Earnings management and investor protection: an international comparison (2003)Earnings Management through Real Activities Manipulation (2003)Performance matched discretionary accrual measures (2005)The Cash Flow Sensitivity of Cash (2004)CEO Overconfidence and Corporate Investment (2005)Corporate social responsibility and access to finance (2013)
this work references cited by second hop

References

  • 1973The Strength of Weak Ties40,499 cited
  • 1973Risk, Return, and Equilibrium: Empirical Tests14,248 cited
  • 1991Earnings Management During Import Relief Investigations8,369 cited
  • 1995Detecting Earnings Management.6,532 cited
  • 2019Robots and Jobs: Evidence from US Labor Markets4,517 cited
  • 2009How does financial reporting quality relate to investment efficiency?3,211 cited
  • 2006Over-investment of free cash flow2,918 cited
  • 2000A Resource-Based Theory of Strategic Alliances2,771 cited
  • 1993STRATEGIC ALLIANCE STRUCTURING: A GAME THEORETIC AND TRANSACTION COST EXAMINATION OF INTERFIRM COOPERATION.2,695 cited
  • 1997Capital-Market Imperfections and Investment2,600 cited
  • 1996Competition and Corporate Performance2,483 cited
  • 1989Collaborate with your competitors and win2,115 cited
  • 2000Do firms learn to create value? The case of alliances1,682 cited
  • 2006The Polarization of the U.S. Labor Market1,616 cited
  • 1984Limited-Dependent and Qualitative Variables in Econometrics.1,377 cited
  • 2001Agency, Information and Corporate Investment

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