英语翻译
First,weattempttorelateinsiderstockOWNwithadvertisingactivitiespriortothestock-basedacquisition.Ifmanagersattempttoincreasestockpricesthroughincreasedadvertisingforselfishreasons,theyaremorelikelytodosowhentheyhavemoreOWNintheirfirm[4].Theevidencewepresentinthepaperisindeedconsistentwiththisnotion.
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