메뉴 건너뛰기




Volumn 21, Issue 2, 2008, Pages 483-511

Choosing to cofinance: Analysis of project-specific alliances in the movie industry

Author keywords

[No Author keywords available]

Indexed keywords


EID: 41549098216     PISSN: 08939454     EISSN: 14657368     Source Type: Journal    
DOI: 10.1093/rfs/hhm064     Document Type: Article
Times cited : (64)

References (72)
  • 3
    • 85005305538 scopus 로고
    • The Market for 'Lemons': Qualitative Uncertainty and the Market. Mechanism
    • Akerlof, G. 1970. The Market for 'Lemons': Qualitative Uncertainty and the Market. Mechanism. Quarterly Journal of Economics 84:488-500.
    • (1970) Quarterly Journal of Economics , vol.84 , pp. 488-500
    • Akerlof, G.1
  • 4
    • 0039012085 scopus 로고    scopus 로고
    • Corporate Equity Ownership, Strategic Alliances, and Product Market. Relationship
    • Allen, J., and G. Phillips. 2000. Corporate Equity Ownership, Strategic Alliances, and Product Market. Relationship. Journal of Finance 55(6):2791-2815.
    • (2000) Journal of Finance , vol.55 , Issue.6 , pp. 2791-2815
    • Allen, J.1    Phillips, G.2
  • 5
    • 0242350296 scopus 로고    scopus 로고
    • How Critical Are Critical Reviews? The Box Office Effects of Film Critics, Star Power, and Budgets
    • Basuroy, S., S. Chatterjee, and S. A. Ravid. 2003. How Critical Are Critical Reviews? The Box Office Effects of Film Critics, Star Power, and Budgets. Journal of Marketing 67:103-17.
    • (2003) Journal of Marketing , vol.67 , pp. 103-117
    • Basuroy, S.1    Chatterjee, S.2    Ravid, S.A.3
  • 6
    • 84959669053 scopus 로고
    • Forward Contracts and Firm Value: Incentives and Contracting Effects
    • Bessembinder, H. 1991. Forward Contracts and Firm Value: Incentives and Contracting Effects. Journal of Financial and Quantitative Analysis 26:491-532.
    • (1991) Journal of Financial and Quantitative Analysis , vol.26 , pp. 491-532
    • Bessembinder, H.1
  • 7
    • 0002627111 scopus 로고
    • Is Your Strategic Alliance Really a Sale?
    • Bleeke, J., and D. Emst. 1995. Is Your Strategic Alliance Really a Sale? Harvard Business Review 73(1):97-105.
    • (1995) Harvard Business Review , vol.73 , Issue.1 , pp. 97-105
    • Bleeke, J.1    Emst, D.2
  • 8
    • 0013181396 scopus 로고    scopus 로고
    • An Asymmetric Information. Model. Working Paper, Duke University
    • Breeden, D., and S. Viswanathan. 1996. Why Do Firms Hedge? An Asymmetric Information. Model. Working Paper, Duke University.
    • (1996) Why Do Firms Hedge
    • Breeden, D.1    Viswanathan, S.2
  • 10
    • 0034373061 scopus 로고    scopus 로고
    • Strategic Alliances, Shared Facilities, and Entry Deterrence
    • Chen, Z., and T. Ross. 2000. Strategic Alliances, Shared Facilities, and Entry Deterrence. Rand Journal of Economics 31(2):326-44.
    • (2000) Rand Journal of Economics , vol.31 , Issue.2 , pp. 326-344
    • Chen, Z.1    Ross, T.2
  • 11
    • 41549124862 scopus 로고    scopus 로고
    • Lights, Camera, Money? Financiers Play Growing Role in Movie Making
    • March
    • Chetwynd, J. 1999. Lights, Camera, Money? Financiers Play Growing Role in Movie Making. USA Today, March.
    • (1999) USA Today
    • Chetwynd, J.1
  • 12
    • 84979188687 scopus 로고
    • The Nature of the Firm
    • Coase, R. 1937. The Nature of the Firm. Economica 4:386-405.
    • (1937) Economica , vol.4 , pp. 386-405
    • Coase, R.1
  • 13
    • 84936166194 scopus 로고
    • Absorptive Capacity: A New Prospective and Learning and Innovation
    • Cohen, W., and D. Levinthal. 1990. Absorptive Capacity: A New Prospective and Learning and Innovation. Administrative Science Quarterly 35:128-52.
    • (1990) Administrative Science Quarterly , vol.35 , pp. 128-152
    • Cohen, W.1    Levinthal, D.2
  • 15
    • 21844511041 scopus 로고
    • Corporate Incentives for Hedging and Hedge Accounting
    • DeMarzo, P., and D. Duffle. 1995. Corporate Incentives for Hedging and Hedge Accounting. The Review of Financial Studies 8:743-71.
    • (1995) The Review of Financial Studies , vol.8 , pp. 743-771
    • DeMarzo, P.1    Duffle, D.2
  • 17
    • 0141942644 scopus 로고    scopus 로고
    • Does Hollywood Make Too Many R-RatedMovies? Risk, Stochastic Dominance, and the Illusion of Expectation
    • DeVany, A., and D. Walls. 2002. Does Hollywood Make Too Many R-RatedMovies? Risk, Stochastic Dominance, and the Illusion of Expectation. Journal of Business 75(3):425-51.
    • (2002) Journal of Business , vol.75 , Issue.3 , pp. 425-451
    • DeVany, A.1    Walls, D.2
  • 18
    • 0043246460 scopus 로고    scopus 로고
    • Ownership and Control Rights in Internet Portal Alliances, 1995-1999
    • Elfenbein, D., and J. Lamer. 2003. Ownership and Control Rights in Internet Portal Alliances, 1995-1999. Rand Journal of Economics 34:356-69.
    • (2003) Rand Journal of Economics , vol.34 , pp. 356-369
    • Elfenbein, D.1    Lamer, J.2
  • 20
    • 41549116722 scopus 로고    scopus 로고
    • Amoco (A): Policy Statement on the Use of Project Finance
    • revised January
    • Esty, B. 2003. Amoco (A): Policy Statement on the Use of Project Finance. Harvard Business School Case, 9-201-054, revised January 2003.
    • (2003) Harvard Business School Case, 9-201-054
    • Esty, B.1
  • 22
    • 0141908258 scopus 로고    scopus 로고
    • The Costs of Outside Equity Control: Evidence from Motion Picture Financing Decisions
    • Fee, E. 2002. The Costs of Outside Equity Control: Evidence from Motion Picture Financing Decisions. Journal of Business 75(4):681-711.
    • (2002) Journal of Business , vol.75 , Issue.4 , pp. 681-711
    • Fee, E.1
  • 23
  • 24
    • 24144434120 scopus 로고    scopus 로고
    • At the Movies: The Economics of Exhibition Contracts
    • Filson, D., D. D. Switzer, and P. Besocke. 2005. At the Movies: The Economics of Exhibition Contracts. Economic Inquiry 43(2):354-69.
    • (2005) Economic Inquiry , vol.43 , Issue.2 , pp. 354-369
    • Filson, D.1    Switzer, D.D.2    Besocke, P.3
  • 25
    • 0001054094 scopus 로고    scopus 로고
    • Governance and Uncertainty: The Trade-Off Between Administrative Control and Commitment
    • Folta, T. 1998. Governance and Uncertainty: The Trade-Off Between Administrative Control and Commitment. Strategic Management Journal 19:1007-28.
    • (1998) Strategic Management Journal , vol.19 , pp. 1007-1028
    • Folta, T.1
  • 26
    • 84993843447 scopus 로고
    • Risk Management- Coordinating Corporate Investment and Financing Policies
    • Froot, K., D. Scharfstein, and J. Stein. 1993. Risk Management- Coordinating Corporate Investment and Financing Policies. Journal of Finance 48:1629-58.
    • (1993) Journal of Finance , vol.48 , pp. 1629-1658
    • Froot, K.1    Scharfstein, D.2    Stein, J.3
  • 28
    • 0036990928 scopus 로고    scopus 로고
    • When Does Start-Up Innovation Spur the Gale of Creative Destruction?
    • Gans, J., D. H. Hsu, and S. Stem. 2002. When Does Start-Up Innovation Spur the Gale of Creative Destruction? The RAND Journal of Economics 33:571-86.
    • (2002) The RAND Journal of Economics , vol.33 , pp. 571-586
    • Gans, J.1    Hsu, D.H.2    Stem, S.3
  • 30
    • 41549161458 scopus 로고    scopus 로고
    • Goetzmann, W., S. A. Ravid, R. Sverdlove, and V. Pons. 2006. Soft Information Hard Sell-The Role of Soft Information in the Pricing of Intellectual Property: Evidence from Screenplays Sales. Working Paper, Yale University, and NBER Working Paper 10468.
    • Goetzmann, W., S. A. Ravid, R. Sverdlove, and V. Pons. 2006. Soft Information Hard Sell-The Role of Soft Information in the Pricing of Intellectual Property: Evidence from Screenplays Sales. Working Paper, Yale University, and NBER Working Paper 10468.
  • 31
    • 0346042455 scopus 로고    scopus 로고
    • The Net Profits Puzzle
    • Goldberg, V. 1997. The Net Profits Puzzle. Columbia Law Review 97:524-550.
    • (1997) Columbia Law Review , vol.97 , pp. 524-550
    • Goldberg, V.1
  • 34
    • 0030269260 scopus 로고    scopus 로고
    • Proxies for the Marginal Tax Rates
    • Graham, J. 1996. Proxies for the Marginal Tax Rates. Journal of Financial Economics 42:187-222.
    • (1996) Journal of Financial Economics , vol.42 , pp. 187-222
    • Graham, J.1
  • 35
    • 0040362553 scopus 로고    scopus 로고
    • How Big Are the Tax Benefits of Debt?
    • Graham, J. 2000. How Big Are the Tax Benefits of Debt? Journal of Finance 55:1901-41.
    • (2000) Journal of Finance , vol.55 , pp. 1901-1941
    • Graham, J.1
  • 36
    • 0013536177 scopus 로고    scopus 로고
    • Tax Incentives to Hedge
    • Graham, J., and C. Smith. 1999. Tax Incentives to Hedge. Journal of Finance 54:2241-62.
    • (1999) Journal of Finance , vol.54 , pp. 2241-2262
    • Graham, J.1    Smith, C.2
  • 37
    • 0004296209 scopus 로고    scopus 로고
    • Prentice-Hall, Inc, Upper Saddle River, NJ
    • Greene, W. 2000. Econometric Analysis. Prentice-Hall, Inc, Upper Saddle River, NJ.
    • (2000) Econometric Analysis
    • Greene, W.1
  • 38
    • 84936194550 scopus 로고
    • The Costs and Benefits of Ownership: A Theory of Lateral and Vertical Integration
    • Grossman, S., and O. Hart. 1986. The Costs and Benefits of Ownership: A Theory of Lateral and Vertical Integration. Journal of Political Economy 94:691-719.
    • (1986) Journal of Political Economy , vol.94 , pp. 691-719
    • Grossman, S.1    Hart, O.2
  • 40
    • 41549112340 scopus 로고    scopus 로고
    • Pentagon's New Goal: Put Science into Scripts
    • August 4, El
    • Halbfinger, D. 2005. Pentagon's New Goal: Put Science into Scripts. The New York Times, August 4, El.
    • (2005) The New York Times
    • Halbfinger, D.1
  • 41
    • 84986161693 scopus 로고
    • Competition for Competence andlnter-Partner Learning within International Strategic Alliances
    • Hamel, G. 1991. Competition for Competence andlnter-Partner Learning within International Strategic Alliances. Strategic Management Journal 12:83-103.
    • (1991) Strategic Management Journal , vol.12 , pp. 83-103
    • Hamel, G.1
  • 43
    • 84934453985 scopus 로고
    • Property Rights and the Nature of the Firm
    • Hart, O., and J. Moore. 1990. Property Rights and the Nature of the Firm. Journal of Political Economy 98:111958.
    • (1990) Journal of Political Economy , vol.98 , pp. 111958
    • Hart, O.1    Moore, J.2
  • 44
    • 0039179797 scopus 로고    scopus 로고
    • Financing Policy, Basis Risk, and Corporate Hedging: Evidence from Oil and Gas Producers
    • Haushalter, D. 2000. Financing Policy, Basis Risk, and Corporate Hedging: Evidence from Oil and Gas Producers. Journal of Finance 55:107-52.
    • (2000) Journal of Finance , vol.55 , pp. 107-152
    • Haushalter, D.1
  • 46
    • 0040925666 scopus 로고    scopus 로고
    • The Bright Side of Internal Capital Markets
    • Khanna, N., and S. Tice. 2001. The Bright Side of Internal Capital Markets. Journal of Finance 56:1489-527.
    • (2001) Journal of Finance , vol.56 , pp. 1489-1527
    • Khanna, N.1    Tice, S.2
  • 47
    • 84989051609 scopus 로고
    • Joint Ventures: Theoretical and Empirical Perspectives
    • Kogut, B. 1988. Joint Ventures: Theoretical and Empirical Perspectives. Strategic Management Journal 9 (4):319-32.
    • (1988) Strategic Management Journal , vol.9 , Issue.4 , pp. 319-332
    • Kogut, B.1
  • 48
    • 0032380390 scopus 로고    scopus 로고
    • The Control of Technology Alliances: An Empirical Analysis of the Biotechnology Industry
    • Lerner, J., and R. Merges. 1998. The Control of Technology Alliances: An Empirical Analysis of the Biotechnology Industry. Journal of Industrial Economics 46(2):125-56.
    • (1998) Journal of Industrial Economics , vol.46 , Issue.2 , pp. 125-156
    • Lerner, J.1    Merges, R.2
  • 49
    • 33644973103 scopus 로고    scopus 로고
    • Lerner, J., and R. Rajan. 2006. NBER Conference on Corporate Alliances. Journal of Financial Economics 80(1):1-3.
    • Lerner, J., and R. Rajan. 2006. NBER Conference on Corporate Alliances. Journal of Financial Economics 80(1):1-3.
  • 50
    • 0037319366 scopus 로고    scopus 로고
    • Do Equity Financing Cycles Matter? Evidence from Biotechnology Alliances
    • Lerner, J., H. Shane, and A. Tsai. 2003. Do Equity Financing Cycles Matter? Evidence from Biotechnology Alliances. Journal of Financial Economics 67(3):411-46.
    • (2003) Journal of Financial Economics , vol.67 , Issue.3 , pp. 411-446
    • Lerner, J.1    Shane, H.2    Tsai, A.3
  • 51
    • 33644975752 scopus 로고    scopus 로고
    • Strategic Alliances, Equity Stakes, and Entry Deterrence
    • Mathews, R. D. 2006. Strategic Alliances, Equity Stakes, and Entry Deterrence. Journal of Financial Economics 80(1):35-80.
    • (2006) Journal of Financial Economics , vol.80 , Issue.1 , pp. 35-80
    • Mathews, R.D.1
  • 52
    • 0002009227 scopus 로고
    • On the Corporate Demand for Insurance: Evidence from the Reinsurance Market
    • Mayers, D., and C. Smith. 1990. On the Corporate Demand for Insurance: Evidence from the Reinsurance Market. Journal of Business 63:19-40.
    • (1990) Journal of Business , vol.63 , pp. 19-40
    • Mayers, D.1    Smith, C.2
  • 55
    • 0000074088 scopus 로고
    • Use Joint Ventures to Ease the Pain of Restructuring
    • Nanda, A., and P. Williamson. 1995. Use Joint Ventures to Ease the Pain of Restructuring. Harvard Business Review 73(6):119-28.
    • (1995) Harvard Business Review , vol.73 , Issue.6 , pp. 119-128
    • Nanda, A.1    Williamson, P.2
  • 57
    • 0039444739 scopus 로고    scopus 로고
    • Information, Blockbusters, and Stars: A Study of the Film Industry
    • Ravid, S. A. 1999. Information, Blockbusters, and Stars: A Study of the Film Industry. Journal of Business 72(4):463-92.
    • (1999) Journal of Business , vol.72 , Issue.4 , pp. 463-492
    • Ravid, S.A.1
  • 58
    • 3042658097 scopus 로고    scopus 로고
    • Beyond Morality and Ethics: Executive Objective Function, the R-Rating Puzzle, and the Production of Violent Films
    • Ravid, S. A., and S. Basuroy. 2004. Beyond Morality and Ethics: Executive Objective Function, the R-Rating Puzzle, and the Production of Violent Films. Journal of Business 77(2): 155-92.
    • (2004) Journal of Business , vol.77 , Issue.2 , pp. 155-192
    • Ravid, S.A.1    Basuroy, S.2
  • 59
    • 41549153687 scopus 로고    scopus 로고
    • Robinson, D. 2006. Strategic Alliances and the Boundaries of the Firm. Working Paper, Duke University; forthcoming in Review of Financial Studies.
    • Robinson, D. 2006. Strategic Alliances and the Boundaries of the Firm. Working Paper, Duke University; forthcoming in Review of Financial Studies.
  • 61
    • 0035478657 scopus 로고    scopus 로고
    • Complementary Assets, Strategic Alliances, and the Incumbent's Advantage: An Empirical Study of Industry and Firm Effects In the Bi.opharmaceuti.cal Industry
    • Rothaermel, F. 2001. Complementary Assets, Strategic Alliances, and the Incumbent's Advantage: An Empirical Study of Industry and Firm Effects In the Bi.opharmaceuti.cal Industry. Research Policy 30:1235-51.
    • (2001) Research Policy , vol.30 , pp. 1235-1251
    • Rothaermel, F.1
  • 63
    • 84924457284 scopus 로고    scopus 로고
    • Other People's Money
    • January 23-29, 1
    • Snyder, G. 2006. Other People's Money. Weekly Variety, January 23-29, 1.
    • (2006) Weekly Variety
    • Snyder, G.1
  • 64
    • 0039054530 scopus 로고    scopus 로고
    • Internal Capital Markets and the Competition for Corporate Resources
    • Stein, J. 1997. Internal Capital Markets and the Competition for Corporate Resources. Journal of Finance 52:111-33.
    • (1997) Journal of Finance , vol.52 , pp. 111-133
    • Stein, J.1
  • 65
    • 0000837320 scopus 로고    scopus 로고
    • Interorganizational Alliances and the Performance of Firms: A Study of Growth and Innovation Rates in a High-Technology Industry
    • Stuart, T. 2000. Interorganizational Alliances and the Performance of Firms: A Study of Growth and Innovation Rates in a High-Technology Industry. Strategic Management Journal 21(8):791-811.
    • (2000) Strategic Management Journal , vol.21 , Issue.8 , pp. 791-811
    • Stuart, T.1
  • 67
    • 0009169278 scopus 로고    scopus 로고
    • Who Manages Risk? An Empirical Examination of Risk Management Practices in. the Gold Mining Industry
    • Tufano, P. 1996. Who Manages Risk? An Empirical Examination of Risk Management Practices in. the Gold Mining Industry. Journal of Finance 31:1097-1137.
    • (1996) Journal of Finance , vol.31 , pp. 1097-1137
    • Tufano, P.1
  • 68
    • 0012861623 scopus 로고    scopus 로고
    • Profit-Sharing Contracts in Hollywood: Evolution and Analysis
    • Weinstein, M. 1998. Profit-Sharing Contracts in Hollywood: Evolution and Analysis. Journal of Legal Studies 67-112.
    • (1998) Journal of Legal Studies , pp. 67-112
    • Weinstein, M.1
  • 69
    • 41549117914 scopus 로고    scopus 로고
    • Sharing the Risk and Wealth
    • April 8
    • Welkos, R. 1996. Sharing the Risk and Wealth. Los Angeles Times, April 8.
    • (1996) Los Angeles Times
    • Welkos, R.1
  • 70
    • 0033918632 scopus 로고    scopus 로고
    • A Note on Robust Variance Estimation for Cluster-Correlated Data
    • Williams, R. 2000. A Note on Robust Variance Estimation for Cluster-Correlated Data. Biometrics 56:645-6.
    • (2000) Biometrics , vol.56 , pp. 645-646
    • Williams, R.1
  • 72
    • 0039193026 scopus 로고    scopus 로고
    • In Search of New Foundations
    • Zingales, L. 2000. In Search of New Foundations. Journal of Finance 55(4):1623-53.
    • (2000) Journal of Finance , vol.55 , Issue.4 , pp. 1623-1653
    • Zingales, L.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.