Does the Agency Cost Model Explain Business Fluctuations in Japan?: a Bayesian Approach to Estimate Agency Cost for Firms Classified by Size
Work
Year: 2008
Type: article
Abstract: We attempt to estimate a state space model of investment and borrowing in a Bayesian framework, and to extract the unobservable agency costs of Japanese firms, which we differentiate by firm size. Our... more
Authors Kazuo Ogawa, Hirokuni Iiboshi
Cites: 23
Cited by: 2
Related to: 10
FWCI: 0.466
Citation percentile (by year/subfield): 73.15
Subfield: Accounting
Domain: Social Sciences
Sustainable Development Goal Decent work and economic growth
Open Access status: bronze