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The Journal of Finance, 1991
ABSTRACTCompensation planning within firms creates important corporate financial problems. Theoretical models and empirical tests of hypotheses in this area should play a much larger role than currently in the modern theory of corporate finance. Employees fund a large proportion of their firm's activities through deferred compensation arrangements tied
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ABSTRACTCompensation planning within firms creates important corporate financial problems. Theoretical models and empirical tests of hypotheses in this area should play a much larger role than currently in the modern theory of corporate finance. Employees fund a large proportion of their firm's activities through deferred compensation arrangements tied
openaire +1 more source
Working stocks and speculative stocks
Economics Letters, 1988Abstract This paper presents theoretical results that are useful for determining the magnitudes of speculative stocks and working stocks held in a commodity market. It is shown that the level of working stocks is a function of the expected discounted price spread. Implications of the results for empirical work are considered.
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Global warming impairs stockârecruitment dynamics of corals
Nature, 2019Terry P Hughes +2 more
exaly