메뉴 건너뛰기




Volumn 56, Issue 4, 2001, Pages 1489-1528

The bright side of internal capital markets

Author keywords

[No Author keywords available]

Indexed keywords


EID: 0040925666     PISSN: 00221082     EISSN: None     Source Type: Journal    
DOI: 10.1111/0022-1082.00377     Document Type: Article
Times cited : (165)

References (24)
  • 1
    • 0001852811 scopus 로고
    • Diversification's effect on firm value
    • Berger, Philip, and Eli Ofek, 1995, Diversification's effect on firm value, Journal of Financial Economics 37, 39-65.
    • (1995) Journal of Financial Economics , vol.37 , pp. 39-65
    • Berger, P.1    Ofek, E.2
  • 3
    • 0039690984 scopus 로고
    • Capital structure and product market competition
    • Chevalier, Judith A., 1995, Capital structure and product market competition, American Economic Review 86, 566-584.
    • (1995) American Economic Review , vol.86 , pp. 566-584
    • Chevalier, J.A.1
  • 5
    • 0040843317 scopus 로고    scopus 로고
    • Why do firms merge and then divest? A theory of financial synergy
    • Fluck, Zsuzsanna, and Anthony W. Lynch, 1999, Why do firms merge and then divest? A theory of financial synergy, Journal of Business 72, 319-346.
    • (1999) Journal of Business , vol.72 , pp. 319-346
    • Fluck, Z.1    Lynch, A.W.2
  • 7
    • 0003112060 scopus 로고    scopus 로고
    • Do financing constraints explain why investment is correlated with cash flow?
    • Kaplan, Steven N., and Luigi Zingales, 1997, Do financing constraints explain why investment is correlated with cash flow? Quarterly Journal of Economics 112, 169-215.
    • (1997) Quarterly Journal of Economics , vol.112 , pp. 169-215
    • Kaplan, S.N.1    Zingales, L.2
  • 8
    • 0040211603 scopus 로고    scopus 로고
    • Strategic responses of incumbents to new entry: The effect of ownership structure, capital structure and focus
    • Khanna, Naveen, and Sheri Tice, 2000, Strategic responses of incumbents to new entry: The effect of ownership structure, capital structure and focus, Review of Financial Studies 13, 749-779.
    • (2000) Review of Financial Studies , vol.13 , pp. 749-779
    • Khanna, N.1    Tice, S.2
  • 9
    • 0031484752 scopus 로고    scopus 로고
    • Capital structure and product market behavior: An examination of plant exit and investment decisions
    • Kovenock, Dan, and Gordon M. Phillips, 1997, Capital structure and product market behavior: An examination of plant exit and investment decisions, Review of Financial Studies 10, 767-803.
    • (1997) Review of Financial Studies , vol.10 , pp. 767-803
    • Kovenock, D.1    Phillips, G.M.2
  • 10
    • 0009167334 scopus 로고    scopus 로고
    • Cash flow and investment: Evidence from internal capital markets
    • Lamont, Owen, 1997, Cash flow and investment: Evidence from internal capital markets, Journal of Finance 52, 83-109.
    • (1997) Journal of Finance , vol.52 , pp. 83-109
    • Lamont, O.1
  • 13
    • 84993839712 scopus 로고
    • Financial distress and corporate performance
    • Opler, Tim, and Sheridan Titman, 1994, Financial distress and corporate performance, Journal of Finance 49, 1015-1040.
    • (1994) Journal of Finance , vol.49 , pp. 1015-1040
    • Opler, T.1    Titman, S.2
  • 15
    • 0040250337 scopus 로고    scopus 로고
    • Do asset fire sales exist? An empirical investigation of commercial aircraft transactions
    • Pulvino, Todd C., 1998, Do asset fire sales exist? An empirical investigation of commercial aircraft transactions, Journal of Finance 53, 939-978.
    • (1998) Journal of Finance , vol.53 , pp. 939-978
    • Pulvino, T.C.1
  • 16
    • 0003457920 scopus 로고    scopus 로고
    • The cost of diversity: The diversification discount and inefficient investment
    • Rajan, Raghuram, Henri Servaes, and Luigi Zingales, 2000, The cost of diversity: The diversification discount and inefficient investment, Journal of Finance 55, 35-80.
    • (2000) Journal of Finance , vol.55 , pp. 35-80
    • Rajan, R.1    Servaes, H.2    Zingales, L.3
  • 17
    • 0039657042 scopus 로고    scopus 로고
    • Debt and corporate performance: Evidence from unsuccessful takeovers
    • Safieddine, Assem, and Sheridan Titman, 1999, Debt and corporate performance: Evidence from unsuccessful takeovers, Journal of Finance 54, 547-580.
    • (1999) Journal of Finance , vol.54 , pp. 547-580
    • Safieddine, A.1    Titman, S.2
  • 19
    • 0039027668 scopus 로고    scopus 로고
    • The dark side of internal capital markets: Divisional rent-seeking and inefficient investment
    • Scharfstein, David S., and Jeremy C. Stein, 2000, The dark side of internal capital markets: Divisional rent-seeking and inefficient investment, Journal of Finance 55, 2537-2564.
    • (2000) Journal of Finance , vol.55 , pp. 2537-2564
    • Scharfstein, D.S.1    Stein, J.C.2
  • 20
  • 21
    • 0039054530 scopus 로고    scopus 로고
    • Internal capital markets and the competition for corporate resources
    • Stein, Jeremy C., 1997, Internal capital markets and the competition for corporate resources, Journal of Finance 52, 111-133.
    • (1997) Journal of Finance , vol.52 , pp. 111-133
    • Stein, J.C.1
  • 22
    • 0000929051 scopus 로고    scopus 로고
    • Is it inefficient investment that causes the diversification discount?
    • forthcoming
    • Whited, Toni, 2001, Is it inefficient investment that causes the diversification discount? Journal of Finance, forthcoming.
    • (2001) Journal of Finance
    • Whited, T.1
  • 24
    • 0039066439 scopus 로고    scopus 로고
    • Survival of the fittest or the fattest? Exit and financing in the trucking industry
    • Zingales, Luigi, 1998, Survival of the fittest or the fattest? Exit and financing in the trucking industry, Journal of Finance 53, 905-938.
    • (1998) Journal of Finance , vol.53 , pp. 905-938
    • Zingales, L.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.