Overinvestment Problem

The "Overinvestment Problem" is an agency cost arising when managers, acting as agents, pursue excessive or unprofitable investments contrary to shareholder interests due to misaligned incentives, thereby squandering corporate resources.

222

Publications

19.6K

Citations

421

Authors

292

Institutions

Publications per year

2017–2026

62

Authors

421

  1. JP
    Julio Pindado

    Universidad de Salamanca, Spain

    4 publications · 198 citations

    4

    h-index

  2. GA
    Geoffrey A. Tate

    National Bureau of Economic Research, United States

    4 publications · 5K citations

    4

    h-index

  3. GS
    Gunther Schnabl

    Economic Policy Institute, United States

    4 publications · 170 citations

    4

    h-index

  4. UM
    Ulrike Malmendier

    University of California, Berkeley, United States

    3 publications · 4.9K citations

    3

    h-index

  5. AH
    Andreas Hoffmann

    Leipzig University, Germany

    3 publications · 156 citations

    3

    h-index

1–5 of 421

Venues

  1. SSRN Electronic Journal

    Repository · 28 publications · 2.1K citations

    17

    h-index

  2. The Journal of Finance

    7 publications · 4.6K citations

    7

    h-index

  3. Review of Financial Studies

    5 publications · 2.2K citations

    5

    h-index

  4. RePEc: Research Papers in Economics

    Repository · 5 publications · 131 citations

    5

    h-index

  5. Managerial and Decision Economics

    MDE · 5 publications · 149 citations

    5

    h-index

1–5