Management ownership and market valuation: An empirical analysis
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We are grateful to the Sloan Foundation and to the National Bureau of Economic Research for financial support. We would also like to thank Sanjai Bhagat, John Bound, Larry Dann, Harry DeAngelo, Harold Demsetz, Kenneth French, Zvi Griliches, Kevin M. Murphy, James Poterba, Edward Rice, Richard Ruback, Michael Barclay (the referee), and Michael Jensen (the editor) for helpful comments.
Copyright © 1988 Published by Elsevier B.V.