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Diversification, Capital Structure, and Systematic Risk: An Empirical Investigation
16 references·8 citing·35 second hop
Diversification, Capital Structure, and Systematic Risk: An Empirical Investigation (1988)Diversification, Capital Structure, and S…Diversification strategy, profit performance and the entropy measure (1985)Diversification strategy, pro…Towards an economic theory of the multiproduct firm (1982)Towards an economic theory of…Diversification strategy and profitability (1982)Diversification strategy and …Risk Reduction as a Managerial Motive for Conglomerate Mergers (1981)Risk Reduction as a Manageria…Performance differences in related and unrelated diversified firms (1981)Performance differences in re…Correlation and Causation (1981)Correlation and CausationCorporate economic performance: Diversification strategy versus market structure (1981)Corporate economic performanc…The option pricing model and the risk factor of stock (1976)The option pricing model and …Strategy, structure, and economic performance (1975)Strategy, structure, and econ…Markets and Hierarchies (1975)Markets and HierarchiesStrategy, structure, and economic performance (1974)Strategy, structure, and econ…On the Association Between Operating Leverage and Risk (1974)On the Association Between Op…THE EFFECT OF THE FIRM'S CAPITAL STRUCTURE ON THE SYSTEMATIC RISK OF COMMON STOCKS (1972)THE EFFECT OF THE FIRM'S CAPI…Industrial Market Structure and Economic Performance. (1971)Industrial Market Structure a…Industrial Market Structure and Economic Performance (1971)Industrial Market Structure a…A PURE FINANCIAL RATIONALE FOR THE CONGLOMERATE MERGER (1971)A PURE FINANCIAL RATIONALE FO…Institutional investors’ site visits and firms’ financial distress (2023)Institutional investors’ site…Impacts of Ownership Structure on Systemic Risk of Listed Companies in Vietnam (2020)Impacts of Ownership Structur…Asymmetric impacts of the asset-light and fee-oriented strategy: The business cycle matters! (2014)Asymmetric impacts of the ass…Risk Determinants of China's Hotel Industry (2013)Risk Determinants of China's …An examination of US hotel firms' risk features and their determinants of systematic risk (2010)An examination of US hotel fi…An Examination of the Determinants of Hotel Reits' Unsystematic Risk (2003)An Examination of the Determi…Valuation of Early-Stage Ventures: Option Valuation Models vs. Traditional Approaches (1996)Valuation of Early-Stage Vent…When Mean Square Error Becomes Variance: A Comment on “Business Risk and Return: A Test of Simultaneous Relationships” (1994)When Mean Square Error Become…The Pricing of Options and Corporate Liabilities (1973)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Agency Problems and the Theory of the Firm (1980)Agency Theory: An Assessment and Review (1989)Managerial incentives and risk-taking☆ (2005)Who makes acquisitions? CEO overconfidence and the market's reaction☆ (2008)Takeover Bids, The Free-Rider Problem, and the Theory of the Corporation (1980)Determinants of firm performance: The relative importance of economic and organizational factors (1989)Changes in the intellectual structure of strategic management research: a bibliometric study of the Strategic Management Journal , 1980–2000 (2004)Open Innovation and Strategy (2007)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)An Evolutionary Theory of Economic Change. (1983)Why do firms differ, and how does it matter? (1991)The Growth of the Firm in Planned Economies in Transition: Institutions, Organizations, and Strategic Choice (1996)Perspective—Tacit Knowledge and Knowledge Conversion: Controversy and Advancement in Organizational Knowledge Creation Theory (2009)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)The valuation of compound options (1979)Ownership Structure, Deregulation, and Bank Risk Taking (1990)Strong boards, CEO power and bank risk-taking (2009)The Contributions of Industrial Organization To Strategic Management, (1981)Strategic management and economics (1991)It's All about Me: Narcissistic Chief Executive Officers and Their Effects on Company Strategy and Performance (2007)Sectoral patterns of technical change: Towards a taxonomy and a theory (1984)A Historical Comparison of Resource-Based Theory and Five Schools of Thought Within Industrial Organization Economics: Do We Have a New Theory of the Firm? (1991)INTERNATIONAL DIVERSIFICATION: EFFECTS ON INNOVATION AND FIRM PERFORMANCE IN PRODUCT-DIVERSIFIED FIRMS. (1997)POWER IN TOP MANAGEMENT TEAMS: DIMENSIONS, MEASUREMENT, AND VALIDATION. (1992)Does board gender diversity improve the informativeness of stock prices? (2011)Constituency Influence in Congress (1963)Contingency Perspectives of Organizational Strategy: A Critical Review of the Empirical Research (1985)Cross-Sectional versus Longitudinal Survey Research: Concepts, Findings, and Guidelines (2008)The Evolution of Cooperation (1981)Social Capital in the Creation of Human Capital (2000)Varieties of Capitalism (2001)First-mover advantages (1988)Sources, Procedures, and Microeconomic Effects of Innovation (2000)
this work references cited by second hop

References

  • 1975Markets and Hierarchies6,842 cited
  • 1971Industrial Market Structure and Economic Performance.6,267 cited
  • 1981Risk Reduction as a Managerial Motive for Conglomerate Mergers2,775 cited
  • 1974Strategy, structure, and economic performance2,370 cited
  • 1981Correlation and Causation2,028 cited
  • 1982Towards an economic theory of the multiproduct firm1,990 cited
  • 1975Strategy, structure, and economic performance1,986 cited
  • 1985Diversification strategy, profit performance and the entropy measure1,572 cited
  • 1982Diversification strategy and profitability1,373 cited
  • 1976The option pricing model and the risk factor of stock1,239 cited
  • 1971A PURE FINANCIAL RATIONALE FOR THE CONGLOMERATE MERGER1,189 cited
  • 1972THE EFFECT OF THE FIRM'S CAPITAL STRUCTURE ON THE SYSTEMATIC RISK OF COMMON STOCKS1,130 cited
  • 1971Industrial Market Structure and Economic Performance682 cited
  • 1981Performance differences in related and unrelated diversified firms636 cited
  • 1981Corporate economic performance: Diversification strategy versus market structure566 cited
  • 1974

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On the Association Between Operating Leverage and Risk
513 cited

Cited by

  • 1994When Mean Square Error Becomes Variance: A Comment on “Business Risk and Return: A Test of Simultaneous Relationships”45 cited
  • 2003An Examination of the Determinants of Hotel Reits' Unsystematic Risk39 cited
  • 2014Asymmetric impacts of the asset-light and fee-oriented strategy: The business cycle matters!37 cited
  • 2010An examination of US hotel firms' risk features and their determinants of systematic risk32 cited
  • 1996Valuation of Early-Stage Ventures: Option Valuation Models vs. Traditional Approaches27 cited
  • 2013Risk Determinants of China's Hotel Industry26 cited
  • 2020Impacts of Ownership Structure on Systemic Risk of Listed Companies in Vietnam20 cited
  • 2023Institutional investors’ site visits and firms’ financial distress20 cited