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Corporate Diversification, Relatedness, and Firm Value: Evidence from Korean Firms*
16 references·1 citing·35 second hop
Corporate Diversification, Relatedness, and Firm Value: Evidence from Korean Firms* (2008)Corporate Diversification, Relatedness, a…Tunneling or Value Added? Evidence from Mergers by Korean Business Groups (2002)Tunneling or Value Added? Evi…Explaining the Diversification Discount (2002)Explaining the Diversificatio…Is Group Affiliation Profitable in Emerging Markets? An Analysis of Diversified Indian Business Groups (2000)Is Group Affiliation Profitab…Agency costs of free cash flow, corporate finance, and takeovers (1996)Agency costs of free cash flo…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…The link between resources and type of diversification: Theory and evidence (1991)The link between resources an…Corporate Structure, Liquidity, and Investment: Evidence from Japanese Industrial Groups (1991)Corporate Structure, Liquidit…Managerial discretion and optimal financing policies (1990)Managerial discretion and opt…Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency Costs of Free Cash Flo…Optimal coordination mechanisms in generalized principal–agent problems (1982)Optimal coordination mechanis…Risk Reduction as a Managerial Motive for Conglomerate Mergers (1981)Risk Reduction as a Manageria…The Visible Hand (1977)The Visible HandStrategy, structure, and economic performance (1975)Strategy, structure, and econ…Strategy, structure, and economic performance (1974)Strategy, structure, and econ…A PURE FINANCIAL RATIONALE FOR THE CONGLOMERATE MERGER (1971)A PURE FINANCIAL RATIONALE FO…Corporate diversification and firm performance: an empirical investigation of causality (2018)Corporate diversification and…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)Determinants of corporate borrowing (1977)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)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)Corporate financing and investment decisions when firms have information that investors do not have (1984)Firms, Contracts, and Financial Structure (1995)A Survey of Corporate Governance (1997)GROWTH, BETA AND AGENCY COSTS AS DETERMINANTS OF DIVIDEND PAYOUT RATIOS (1982)Two Agency-Cost Explanations of Dividends (1984)Corporate performance and managerial remuneration (1985)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)The Economic Institutions of Capitalism (1987)Law and Finance (1998)Incentives versus standards: properties of accounting income in four East Asian countries (2003)Corporate Governance, Economic Entrenchment and Growth (2004)Financial and Legal Constraints to Growth: Does Firm Size Matter? (2005)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)What Do We Know about Capital Structure? Some Evidence from International Data (1995)Investor protection and corporate governance (2000)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)
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References

  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 1996Agency costs of free cash flow, corporate finance, and takeovers9,308 cited
  • 1990Managerial discretion and optimal financing policies3,679 cited
  • 1995Diversification's effect on firm value3,069 cited
  • 1981Risk Reduction as a Managerial Motive for Conglomerate Mergers2,775 cited
  • 2000Is Group Affiliation Profitable in Emerging Markets? An Analysis of Diversified Indian Business Groups2,588 cited
  • 1994Tobin's q, Corporate Diversification, and Firm Performance2,437 cited
  • 1974Strategy, structure, and economic performance2,370 cited
  • 1991Corporate Structure, Liquidity, and Investment: Evidence from Japanese Industrial Groups2,361 cited
  • 1975Strategy, structure, and economic performance1,986 cited
  • 2002Explaining the Diversification Discount1,372 cited
  • 1977The Visible Hand1,294 cited
  • 1971A PURE FINANCIAL RATIONALE FOR THE CONGLOMERATE MERGER1,189 cited
  • 2002Tunneling or Value Added? Evidence from Mergers by Korean Business Groups1,171 cited
  • 1991The link between resources and type of diversification: Theory and evidence1,061 cited

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  • 1982Optimal coordination mechanisms in generalized principal–agent problems913 cited
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    • 2018Corporate diversification and firm performance: an empirical investigation of causality59 cited