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A theory of socialistic internal capital markets
16 references·9 citing·35 second hop
A theory of socialistic internal capital markets (2006)A theory of socialistic internal capital …Explaining the Diversification Discount (2002)Explaining the Diversificatio…Authority and Communication in Organizations (2002)Authority and Communication i…The Dark Side of Internal Capital Markets: Divisional Rent‐Seeking and Inefficient Investment (2000)The Dark Side of Internal Cap…The Cost of Diversity: The Diversification Discount and Inefficient Investment (2000)The Cost of Diversity: The Di…Are Internal capital Markets Efficient? (1998)Are Internal capital Markets …Internal Capital Markets and the Competition for Corporate Resources (1997)Internal Capital Markets and …Cash Flow and Investment: Evidence from Internal Capital Markets (1997)Cash Flow and Investment: Evi…Diversification's effect on firm value (1995)Diversification's effect on f…Tobin's q, Corporate Diversification, and Firm Performance (1994)Tobin's q, Corporate Diversif…A theory of incentives in procurement and regulation (1994)A theory of incentives in pro…A Theory of Incentives in Procurement and Regulation (1993)A Theory of Incentives in Pro…Using Cost Observation to Regulate Firms (1986)Using Cost Observation to Reg…Principles of corporate finance (1982)Principles of corporate finan…Optimal Auction Design (1981)Optimal Auction DesignMarkets and Hierarchies: Analysis and Antitrust Implications. (1976)Markets and Hierarchies: Anal…An Exploration in the Theory of Optimum Income Taxation (1971)An Exploration in the Theory …The Economics of Capital Allocation in Firms: Evidence from Internal Capital Markets (2024)The Economics of Capital Allo…Internal capital markets, corporate investment, and the COVID-19 pandemic: Evidence from Korean business groups (2022)Internal capital markets, cor…Incentives, project choice, and dynamic multitasking (2019)Incentives, project choice, a…The Effects of Relative Size, Profitability, and Growth on Corporate Capital Allocations (2017)The Effects of Relative Size,…Firm Investment and Stakeholder Choices: A Top‐Down Theory of Capital Budgeting (2017)Firm Investment and Stakehold…Revamping research on unrelated diversification strategy: perspectives, opportunities and challenges for future inquiry (2015)Revamping research on unrelat…Informed Headquarters and Socialistic Internal Capital Markets (2014)Informed Headquarters and Soc…Optimal Enterprise Risk Management and Decision Making With Shared and Dependent Risks (2013)Optimal Enterprise Risk Manag…Optimal Dynamic Capital Budgeting (2010)Optimal Dynamic Capital Budge…COUNTERSPECULATION, AUCTIONS, AND COMPETITIVE SEALED TENDERS (1961)A Theory of Auctions and Competitive Bidding (1982)Efficient mechanisms for bilateral trading (1983)The interdisciplinary study of coordination (1994)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)A Survey of Corporate Governance (1997)The theory and practice of corporate finance: evidence from the field (2001)Liquidity and leverage (2008)Who makes acquisitions? CEO overconfidence and the market's reaction☆ (2008)Determinants of corporate borrowing (1977)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Higher market valuation of companies with a small board of directors (1996)Investor Protection and Corporate Valuation (2002)Digital Business Strategy: Toward a Next Generation of Insights (2013)The Nature of the Firm (1937)Financing Constraints and Corporate Investment (1987)The Cross-Section of Expected Stock Returns (1992)Enjoying the Quiet Life? Corporate Governance and Managerial Preferences (2003)Risk, Return, and Equilibrium: Empirical Tests (1973)A cross-firm analysis of the impact of corporate governance on the East Asian financial crisis (2002)Information Production and Capital Allocation: Decentralized versus Hierarchical Firms (2002)Financial and Legal Constraints to Growth: Does Firm Size Matter? (2005)Agency costs of free cash flow, corporate finance, and takeovers (1996)Business Groups in Emerging Markets: Paragons or Parasites? (2007)Crossing the great divide: Coproduction, synergy, and development (1996)The Theory of Incentives: The Principal-Agent Model (2001)Information and the Change in the Paradigm in Economics (2002)Incomplete Contracts: Where do We Stand? (1999)Optimal Nonparametric Estimation of First-price Auctions (2000)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Separation of Ownership and Control (1983)The Commitment-Trust Theory of Relationship Marketing (1994)On Economic Inequality (1973)Signaling in Retrospect and the Informational Structure of Markets (2002)Salience and Taxation: Theory and Evidence (2009)
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References

  • 1976Markets and Hierarchies: Analysis and Antitrust Implications.13,381 cited
  • 1981Optimal Auction Design5,938 cited
  • 1971An Exploration in the Theory of Optimum Income Taxation4,520 cited
  • 1995Diversification's effect on firm value3,069 cited
  • 1993A Theory of Incentives in Procurement and Regulation3,005 cited
  • 1994A theory of incentives in procurement and regulation2,554 cited
  • 1994Tobin's q, Corporate Diversification, and Firm Performance2,437 cited
  • 1997Internal Capital Markets and the Competition for Corporate Resources1,779 cited
  • 2000The Cost of Diversity: The Diversification Discount and Inefficient Investment1,684 cited
  • 2000The Dark Side of Internal Capital Markets: Divisional Rent‐Seeking and Inefficient Investment1,556 cited
  • 2002Explaining the Diversification Discount1,372 cited
  • 1986Using Cost Observation to Regulate Firms1,215 cited
  • 1997Cash Flow and Investment: Evidence from Internal Capital Markets1,143 cited
  • 1998Are Internal capital Markets Efficient?1,050 cited
  • 1982Principles of corporate finance990 cited
  • 2002

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Authority and Communication in Organizations
968 cited

Cited by

  • 2022Internal capital markets, corporate investment, and the COVID-19 pandemic: Evidence from Korean business groups25 cited
  • 2015Revamping research on unrelated diversification strategy: perspectives, opportunities and challenges for future inquiry24 cited
  • 2019Incentives, project choice, and dynamic multitasking24 cited
  • 2014Informed Headquarters and Socialistic Internal Capital Markets21 cited
  • 2010Optimal Dynamic Capital Budgeting21 cited
  • 2024The Economics of Capital Allocation in Firms: Evidence from Internal Capital Markets19 cited
  • 2017The Effects of Relative Size, Profitability, and Growth on Corporate Capital Allocations18 cited
  • 2017Firm Investment and Stakeholder Choices: A Top‐Down Theory of Capital Budgeting18 cited
  • 2013Optimal Enterprise Risk Management and Decision Making With Shared and Dependent Risks18 cited