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sensitive

Overview page. Subjects: Medicine and Health.

adj. possessing the ability to respond to a stimulus. The cells of the retina, for example, are sensitive to the stimulus of light and respond by sending nerve impulses to the...

See overview in Oxford Index

Corporate Investment and Stock Market Listing: A Puzzle?

John Asker, Joan Farre-Mensa and Alexander Ljungqvist.

in The Review of Financial Studies

February 2015; p ublished online October 2014 .

Journal Article. Subjects: Production and Organizations; Intertemporal Choice and Growth; Corporate Governance; Mergers and Acquisitions. 21895 words.

We investigate whether short-termism distorts the investment decisions of stock market-listed firms. To do so, we compare the investment behavior of observably similar public and private...