Investment implications of information acquisition and leakage

Ronald A. Dye*, Sri S. Sridhar

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

11 Scopus citations

Abstract

This paper studies when a firm will acquire additional information about a potential new project by consulting outsiders, when doing so runs the risk of reducing the value of implementing the project as a consequence of information leakage. The analysis evaluates the firm's information acquisition activities in both the presence and absence of moral hazard in project production.

Original languageEnglish (US)
Pages (from-to)767-783
Number of pages17
JournalManagement Science
Volume49
Issue number6
DOIs
StatePublished - Jun 2003

Keywords

  • Information acquisition
  • Moral hazard
  • Proprietary costs

ASJC Scopus subject areas

  • Strategy and Management
  • Management Science and Operations Research

Fingerprint Dive into the research topics of 'Investment implications of information acquisition and leakage'. Together they form a unique fingerprint.

Cite this