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

17 Pages Posted: 30 Nov 2004

See all articles by Michael C. Jensen

Michael C. Jensen

Harvard Business School; SSRN; National Bureau of Economic Research (NBER); European Corporate Governance Institute (ECGI); Harvard University - Accounting & Control Unit

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Abstract

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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: https://ssrn.com/abstract=619483

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