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Working Paper Series in Finance
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Title Agency Costs of Overvalued Equity

Author(s) Michael Jensen, Harvard Business School, Monitor Group, Cambridge, Massachusetts and ECGI
Date April 2004
Serial No Finance Working Paper No. 039/2004
Keywords Overpriced Equity, Market Mistakes, Misvaluation, Faillure of Corporate Governance, Control, Incentives
Abstract From the SSRN website
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