Back to search

Are Internal capital Markets Efficient?

Data up to Jan 2025

Published1998
Citations1,114
References24

Total Citations Per Year

Abstract

References (24)

Markets and Hierarchies: Analysis and Antitrust Implications.

1976 • 13,953 citations

Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints?

1997 • 5,821 citations

Diversification's effect on firm value

1995 • 3,155 citations

The American Economic Review

2013 • 2,909 citations

Corporate Structure, Liquidity, and Investment: Evidence from Japanese Industrial Groups

1991 • 2,492 citations

Tobin's q, Corporate Diversification, and Firm Performance

1994 • 2,481 citations

Internal Capital Markets and the Competition for Corporate Resources

1997 • 1,713 citations

The Dark Side of Internal Capital Markets: Divisional Rent‐Seeking and Inefficient Investment

2000 • 1,606 citations

Cash Flow and Investment: Evidence from Internal Capital Markets

1997 • 1,233 citations

Corporate focus and stock returns

1995 • 1,132 citations

Tobin's q and the Importance of Focus in Firm Performance

1988 • 977 citations

The Value of Diversification During the Conglomerate Merger Wave

1996 • 892 citations

Internal versus External Capital Markets

1994 • 683 citations

Mergers, sell-offs, and economic efficiency

1987 • 617 citations

Do Managerial Objectives Drive Bad Acquisitions?

1990 • 495 citations

O<scp>rganizational</scp> P<scp>rospects</scp>, I<scp>nfluence</scp> C<scp>osts</scp>, <scp>and</scp> O<scp>wnership</scp> C<scp>hanges</scp>

1992 • 483 citations

Internal Capital Markets and the Competition for Corporate Resources

1997 • 289 citations

Cash Flow and Investment: Evidence from Internal Capital Markets

1997 • 277 citations

The Value of Diversification During the Conglomerate Merger Wave

1996 • 156 citations

Industrial de-diversification and its consequences for productivity

1992 • 131 citations

The Dark Side of Internal Capital Markets: Divisional Rent-Seeking and Inefficient Investment

1997 • 125 citations

The Causes of Corporate Refocusing

1992 • 49 citations

The managerial response to regulation of financial reporting for segments of a business enterprise

1991 • 42 citations

The Tyranny of the Inefficient: An Enquiry into the Adverse Consequences of Power Struggles

1998 • 41 citations

Cited By (0)

Loading...