Finance Series Does the Stock Market Harm Investment Incentives? Working Paper Author/Authors John Asker Joan Farre-Mensa Alexander Ljungqvist Stockholm School of Economics Series number: 282/2010 Date published: 01 May 2010 Last revised: 28 May 2010 Quick links Access Paper on SSRN Categories Incentives Markets Securities Short-termism Keywords Corporate investment, short-termism, empire building, Managerial incentives, agency problems, Private companies, IPOs. Published in Review of Financial Studies 28, no. 2 (February 2015): 342-390
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