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The efficiency of internal capital markets: Evidence from the Annual Capital Expenditure Survey
16 references·0 citing·44 second hopsampled
The efficiency of internal capital markets: Evidence from the Annual Capital Expenditure Survey (2011)The efficiency of internal capital market…Does function follow organizational form? Evidence from the lending practices of large and small banks (2005)Does function follow organiza…Information Production and Capital Allocation: Decentralized versus Hierarchical Firms (2002)Information Production and Ca…Explaining the Diversification Discount (2002)Explaining the Diversificatio…Ownership structure and corporate performance (2001)Ownership structure and corpo…Agency, Information and Corporate Investment (2001)Agency, Information and Corpo…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…Hierarchies and the Organization of Knowledge in Production (2000)Hierarchies and the Organizat…Power in a Theory of the Firm (1997)Power in a Theory of the FirmAgency Problems, Equity Ownership, and Corporate Diversification (1997)Agency Problems, Equity Owner…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…Management entrenchment (1989)Management entrenchmentEfficient Capital Markets, Inefficient Firms: A Model of Myopic Corporate Behavior (1989)Efficient Capital Markets, In…Time to Build and Aggregate Fluctuations (1982)Time to Build and Aggregate F…Tobin's $q$ Ratio and Industrial Organization (1981)Tobin's $q$ Ratio and Industr…Determinants of corporate borrowing (1977)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)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)Job Market Signaling (1973)Corporate financing and investment decisions when firms have information that investors do not have (1984)Dividend Policy under Asymmetric Information (1985)A Survey of Corporate Governance (1997)Corporate Governance and Equity Prices (2003)The economic implications of corporate financial reporting (2005)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Separation of Ownership and Control (1983)A General Equilibrium Approach To Monetary Theory (1969)Macroeconomics and Reality (1980)Tobin's Marginal q and Average q: A Neoclassical Interpretation (1982)The equity premium: A puzzle (1985)An Estimated Dynamic Stochastic General Equilibrium Model of the Euro Area (2003)Technological Innovation, Resource Allocation, and Growth* (2017)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)Markets and Hierarchies: Analysis and Antitrust Implications. (1976)A cross-firm analysis of the impact of corporate governance on the East Asian financial crisis (2002)Financial and Legal Constraints to Growth: Does Firm Size Matter? (2005)The Modern Corporation and Private Property (1933)The Structure of Corporate Ownership: Causes and Consequences (1985)Management ownership and market valuation (1988)How do family ownership, control and management affect firm value? (2005)Boards: Does one size fit all☆ (2007)Gender Diversity in the Boardroom and Firm Financial Performance (2007)Specification Tests in Econometrics (1978)What Do a Million Observations on Banks Say About the Transmission of Monetary Policy? (2000)A more complete conceptual framework for SME finance (2006)How does capital affect bank performance during financial crises? (2013)Agency costs of free cash flow, corporate finance, and takeovers (1996)Business Groups in Emerging Markets: Paragons or Parasites? (2007)Liquidity and leverage (2008)Discretionary disclosure (1983)Firms, Contracts, and Financial Structure (1995)Does Distance Still Matter? The Information Revolution in Small Business Lending (2002)
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References

  • 1982Time to Build and Aggregate Fluctuations5,933 cited
  • 1995Diversification's effect on firm value3,069 cited
  • 1989Efficient Capital Markets, Inefficient Firms: A Model of Myopic Corporate Behavior2,585 cited
  • 1994Tobin's q, Corporate Diversification, and Firm Performance2,437 cited
  • 2002Information Production and Capital Allocation: Decentralized versus Hierarchical Firms2,426 cited
  • 2001Ownership structure and corporate performance2,379 cited
  • 1989Management entrenchment2,155 cited
  • 2005Does function follow organizational form? Evidence from the lending practices of large and small banks2,090 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
  • 1981Tobin's $q$ Ratio and Industrial Organization1,382 cited
  • 2002Explaining the Diversification Discount1,372 cited
  • 2001Agency, Information and Corporate Investment1,350 cited
  • 1997Agency Problems, Equity Ownership, and Corporate Diversification1,305 cited
  • 1997Power in a Theory of the Firm1,217 cited

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  • 2000Hierarchies and the Organization of Knowledge in Production1,201 cited
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