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- W2079795089 abstract "The study attempts to explain why Australian companies revalue their fixed assets, when a revaluation, by itself, has no discernible direct effect on cash flows and is costly to carry out. A revaluation is hypothesised to affect contracting and political costs. It may also help resolve problems associated with information asymmetries, or be used to signal information to investors. The results support the proposition that economic forces help explain the decision to revalue assets." @default.
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- W2079795089 date "1992-03-01" @default.
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- W2079795089 title "Fixed Asset Revaluations and Managerial Incentives" @default.
- W2079795089 doi "https://doi.org/10.1111/j.1467-6281.1992.tb00268.x" @default.
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