An Analysis of Divisional Investment Policies
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References listed on IDEAS
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Citations
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Cited by:
- David S. Scharfstein & Jeremy C. Stein, 2000.
"The Dark Side of Internal Capital Markets: Divisional Rent‐Seeking and Inefficient Investment,"
Journal of Finance, American Finance Association, vol. 55(6), pages 2537-2564, December.
- David S. Scharfstein & Jeremy C. Stein, 1997. "The Dark Side of Internal Capital Markets: Divisional Rent-Seeking and Inefficient Investment," NBER Working Papers 5969, National Bureau of Economic Research, Inc.
- repec:dgr:rugsom:01e60 is not listed on IDEAS
- Dikova, Desislava & Smeets, Roger & Garretsen, Harry & Van Ees, Hans, 2013. "Immediate responses to financial crises: A focus on US MNE subsidiaries," International Business Review, Elsevier, vol. 22(1), pages 202-215.
- Felipe Balmaceda, 2002. "Corporate Diversification: Good for Some Bad for Others," Documentos de Trabajo 141, Centro de Economía Aplicada, Universidad de Chile.
- Houston, Joel & James, Christopher & Marcus, David, 1997. "Capital market frictions and the role of internal capital markets in banking," Journal of Financial Economics, Elsevier, vol. 46(2), pages 135-164, November.
- R. Glenn Hubbard, 1998.
"Capital-Market Imperfections and Investment,"
Journal of Economic Literature, American Economic Association, vol. 36(1), pages 193-225, March.
- R. Glenn Hubbard, 1997. "Capital-Market Imperfections and Investment," NBER Working Papers 5996, National Bureau of Economic Research, Inc.
- Robert Stretcher & Mary Funck & Steve Johnson, 2017. "Capital investment and non-constant marginal cost of capital," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 41(1), pages 27-50, January.
- von Eije, Henk & Westerman, Wim, 2002. "Multinational cash management and conglomerate discounts in the euro zone," International Business Review, Elsevier, vol. 11(4), pages 453-464, August.
- Lamont, Owen, 1997.
"Cash Flow and Investment: Evidence from Internal Capital Markets,"
Journal of Finance, American Finance Association, vol. 52(1), pages 83-109, March.
- Owen Lamont, 1996. "Cash Flow and Investment: Evidence from Internal Capital Markets," NBER Working Papers 5499, National Bureau of Economic Research, Inc.
- Eije, Henk von & Westerman, Wim, 2001. "Multinational cash management and conglomerate discounts in the euro zone," Research Report 01E60, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
- Donglin Li, 2014. "Dissecting and connecting the growth and accounting distortion components of accruals," Review of Quantitative Finance and Accounting, Springer, vol. 42(1), pages 1-28, January.
- Mudambi, Ram, 1999. "MNE internal capital markets and subsidiary strategic independence," International Business Review, Elsevier, vol. 8(2), pages 197-211, April.
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