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Profs John Asker and Alexander Ljungqvist's research on private and public company investments is cited

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Excerpt from Forbes -- "It’s brilliant work by economists from the Stern School of Business and Harvard Business School, Alexander Ljungqvist, Joan Farre-Mensa, and John Asker, in an article entitled 'Corporate Investment and Stock Market Listing: A Puzzle?' which compares the investment patterns of public companies and privately held firms. It turns out that the lag in investment is a phenomenon of the public companies more than the privately held firms."

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