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

17 Pages Posted: 30 Nov 2004  

Michael C. Jensen

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

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Abstract

No abstract available.

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

Michael C. Jensen (Contact Author)

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Harvard Business School ( email )

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European Corporate Governance Institute (ECGI) ( email )

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Harvard University - Accounting & Control Unit ( email )

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