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Keywords: capital allocation
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Journal Articles
AUDITING: A Journal of Practice & Theory (2025) 44 (1): 137–162.
Published: 01 February 2025
... capital from flowing to its most profitable usage. Involving brokering and partnering among intermediaries, these links reduce the capital allocation efficiency of the stock market. Our evidence helps inform the public policy discourse on this front. Finally, by exploring the social ties between two...