Financially Constrained Firms: The Impact of Managerial Optimism and Diversification on Firms' Excess Value: The Case of Greece

Financially Constrained Firms: The Impact of Managerial Optimism and Diversification on Firms' Excess Value: The Case of Greece

Diversification as an underlying factor of financial constraints can create several costs. Diversified firms have the tendency to over-invest in lines of business which display poor investment opportunities.

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Bibliographische Detailangaben
Veröffentlicht in:European research studies 2019-01, Vol.22 (1), p.3
Hauptverfasser: Maditinos, Dimitrios, Tsinani, Alexandra, Sevic, Zeljko, Stankeviciene, Jelena
Format: Artikel
Sprache:eng
Schlagworte:
Displays (Marketing)
Managers
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Zusammenfassung:Diversification as an underlying factor of financial constraints can create several costs. Diversified firms have the tendency to over-invest in lines of business which display poor investment opportunities.
ISSN:1108-2976