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The Agency Costs of Overvalued Equity and the Current State of Corporate Finance

Michael C. Jensen
Harvard Business School; Social Science Electronic Publishing (SSEP), Inc.


European Financial Management, Vol. 10, pp. 549-565, December 2004

Abstract:     
No abstract available.

Accepted Paper Series

Date posted: November 30, 2004 ; Last revised: December 27, 2004

Suggested Citation

Jensen, Michael C., The Agency Costs of Overvalued Equity and the Current State of Corporate Finance. European Financial Management, Vol. 10, pp. 549-565, December 2004. Available at SSRN: http://ssrn.com/abstract=619483


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Contact Information

Michael C. Jensen (Contact Author)
Harvard Business School ( email )
Soldiers Field
Negotiations, Organizations & Markets
Boston, MA 02163
United States
617-510-3363 (Phone)
305-675-3166 (Fax)
HOME PAGE: http://www.people.hbs.edu/mjensen/index.html
Social Science Electronic Publishing (SSEP), Inc. ( email )
7858 Sanderling Road
Sarasota, FL 34242
United States
941 685-3363 (Phone)
305 675-3166 (Fax)
HOME PAGE: http://ssrn.com/author=9
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