Agency Conflicts, Investment, and Asset Pricing

  1. RUI ALBUQUERUE,
  2. NENG WANG*

Article first published online: 10 JAN 2008

DOI: 10.1111/j.1540-6261.2008.01309.x

Issue

The Journal of Finance

The Journal of Finance

Volume 63, Issue 1, pages 1–40, February 2008

Additional Information

How to Cite

ALBUQUERUE, R. and WANG, N. (2008), Agency Conflicts, Investment, and Asset Pricing. The Journal of Finance, 63: 1–40. doi: 10.1111/j.1540-6261.2008.01309.x

Author Information

* *Rui Albuquerque is from the Boston University School of Management and CEPR. Neng Wang is from the Columbia Business School and the National Bureau of Economic Research. We thank an anonymous referee, an anonymous editor, Cam Harvey (Editor), Mike Barclay, and Denis Gromb (Gerzensee discussant) for detailed and helpful comments. We also thank Heitor Almeida (WFA discussant), Ravi Bansal, Geert Bekaert, Harjoat Bhamra (UBC/Bank of Canada conference discussant), Andrea Buraschi, Murray Carlson (AFA discussant), Gian Luca Clementi, Bernard Dumas, Ron Giammarino, Bob Hall, Ping He (FMA and NBER discussant), Arvind Krishnamurthy, John Long, Jianjun Miao, Suresh Sundaresan, Ross Watts, seminar participants at Boston University, Columbia, Faculdade de Economia do Porto, the Federal Reserve Banks of Cleveland and New York, Fuqua (Duke), HEC Paris, HEC Lausanne, ISCTE, Olin School of Business (Washington University), The Portuguese Catholic University, Simon Graduate School of Business (University of Rochester), Stern School (NYU), University of Maryland, University of Illinois at Urbana-Champaign, University of Wisconsin (Madison), Universidade Nova de Lisboa, Wharton School, the World Bank, and participants in the 2004 SED (Florence), 2005 CEPR/Gerzensee, 2005 WFA (Portland), UBC/Bank of Canada conference (2005), 2005 FMA (Chicago), 2006 AFA (Boston) and NBER, and 2006 Wegmans conferences for comments.

Publication History

  1. Issue published online: 10 JAN 2008
  2. Article first published online: 10 JAN 2008

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