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The Dark Side of Internal Capital Markets II: Evidence from Diversified Conglomerates
0 references·16 citing·52 second hopsampled
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  • 2009The anatomy of bank diversification545 cited
  • 2002Internal Capital Markets in Financial Conglomerates: Evidence from Small Bank Responses to Monetary Policy475 cited
  • 2001Corporate Diversification, Value Maximization, and Organizational Capabilities359 cited
  • 2009Specialization and Success: Evidence from Venture Capital343 cited
  • 2003Entrepreneurial Spawning: Public Corporations and the Genesis of New Ventures, 1986-1999317 cited
  • 2006On the Patterns and Wealth Effects of Vertical Mergers*294 cited
  • 2002Internal Capital Markets and Corporate Refocusing293 cited
  • 2008The diversification and financial performance of US credit unions288 cited
  • 2005Leverage and investment in diversified firms☆277 cited
  • 2006The benefits and costs of group affiliation: Evidence from East Asia276 cited
  • 2002Does diversification destroy value? Evidence from the industry shocks274 cited
  • 2002Learning about Internal Capital Markets from Corporate Spin‐offs272 cited
  • 2001The Bright Side of Internal Capital Markets267 cited
  • 2012Divisional Managers and Internal Capital Markets267 cited
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Red barons or robber barons? Governance and investment in Russian financial–industrial groups
247 cited
  • 2003Cross-Subsidies, External Financing Constraints, and the Contribution of the Internal Capital Market to Firm Value233 cited