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A unified theory of Tobin's q, corporate investment, financing, and risk management

  • Neng Wang

    (Columbia, NBER, and SOF, SHUFE)

  • Hui Chen

    (MIT)

  • Patrick Bolton

    (Columbia, CEPR, NBER)

management and derivatives play in risk management.

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File URL: https://economicdynamics.org/meetpapers/2010/paper_609.pdf
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Paper provided by Society for Economic Dynamics in its series 2010 Meeting Papers with number 609.

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Date of creation: 2010
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Handle: RePEc:red:sed010:609
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Society for Economic Dynamics Marina Azzimonti Department of Economics Stonybrook University 10 Nicolls Road Stonybrook NY 11790 USA

Web page: http://www.EconomicDynamics.org/
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  37. Lee Pinkowitz & René Stulz & Rohan Williamson, 2006. "Does the Contribution of Corporate Cash Holdings and Dividends to Firm Value Depend on Governance? A Cross-country Analysis," Journal of Finance, American Finance Association, vol. 61(6), pages 2725-2751, December.
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