The impact of conglomeration on the option value of equity

Journal of Banking and Finance

Volumn 34, Issue 12, 2010, Pages 3010-3024

  Grass, Gunnar ^a,b  

^a EBS BUSINESS SCHOOL   (Germany)

^b HEC MONTRÉAL   (Canada)

Author keywords

Asset substitution; Conglomerate discount; Contingent claims analysis; Corporate diversification; Risk shifting

Indexed keywords

EID: 77956944259     PISSN: 03784266     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jbankfin.2010.07.004     Document Type: Article

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