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...
Corporate Investment and Stock Market Listing: A Puzzle?
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...