Similar Search Results

Should business groups be dismantled? The equilibrium costs of efficient internal capital markets

Almeida, Heitor; Wolfenzon, Daniel - In: Journal of Financial Economics 79 (2006) 1, pp. 99-144

Persistent link: https://www.econbiz.de/10005477998

The effect of external finance on the equilibrium allocation of capital

Almeida, Heitor; Wolfenzon, Daniel - In: Journal of Financial Economics 75 (2005) 1, pp. 133-164

Persistent link: https://www.econbiz.de/10005376756

The balance of power in closely held corporations

Bennedsen, Morten; Wolfenzon, Daniel - In: Journal of Financial Economics 58 (2000) 1-2, pp. 113-139

Persistent link: https://www.econbiz.de/10005210515

The structure and formation of business groups: Evidence from Korean chaebols

Almeida, Heitor; Park, Sang Yong; Subrahmanyam, Marti G.; … - In: Journal of Financial Economics 99 (2011) 2, pp. 447-475

We study the evolution of Korean chaebols (business groups) using ownership data. Chaebols grow vertically (as pyramids) when the controlling family uses well-established group firms ("central firms") to acquire firms with low pledgeable income and high acquisition premiums. Chaebols grow...

Persistent link: https://www.econbiz.de/10008872305

Investor protection and equity markets

Shleifer, Andrei; Wolfenzon, Daniel - In: Journal of Financial Economics 66 (2002) 1, pp. 3-27

Persistent link: https://www.econbiz.de/10005362863

IPO allocations: discriminatory or discretionary?

Ljungqvist, Alexander P.; Wilhelm, William Jr. - In: Journal of Financial Economics 65 (2002) 2, pp. 167-201

Persistent link: https://www.econbiz.de/10005376793

Market efficiency around the clock Some supporting evidence using foreign-based derivatives

Craig, Alastair; Dravid, Ajay; Richardson, Matthew - In: Journal of Financial Economics 39 (1995) 2-3, pp. 161-180

Persistent link: https://www.econbiz.de/10005478070

Limited arbitrage and short sales restrictions: evidence from the options markets

Ofek, Eli; Richardson, Matthew; Whitelaw, Robert F. - In: Journal of Financial Economics 74 (2004) 2, pp. 305-342

Persistent link: https://www.econbiz.de/10005372479

Drawing inferences from statistics based on multiyear asset returns

Richardson, Matthew; Stock, James H. - In: Journal of Financial Economics 25 (1989) 2, pp. 323-348

Persistent link: https://www.econbiz.de/10005372494

Is the ex ante risk premium always positive? *1: A new approach to testing conditional asset pricing models

Boudoukh, Jacob; Richardson, Matthew; Smith, Tom - In: Journal of Financial Economics 34 (1993) 3, pp. 387-408

Persistent link: https://www.econbiz.de/10005372508