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Corporate Diversification and Agency Author info | Abstract | Publisher info | Download info | Related research | Statistics Benjamin E. Hermalin and Michael L. Katz.
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Paper provided by University of California at Berkeley in its series Research Program in Finance Working Papers with number
RPF-291.
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Date of creation: 01 Jan 2000Date of revision:
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Paper Benjamin E. Hermalin & Michael L. Katz, 1994.
"Corporate Diversification and Agency ,"
Industrial Organization
9402001, EconWPA, revised 15 Nov 1996.
[Downloadable!] Benjamin E. Hermalin and Michael L. Katz., 2000.
"Corporate Diversification and Agency ,"
Economics Working Papers
E00-272, University of California at Berkeley.
[Downloadable!] Benjamin Hermalin & Michael Katz, 2000.
"Corporate Diversification and Agency ,"
Research Program in Finance, Working Paper Series
1004, Research Program in Finance, Institute for Business and Economic Research, UC Berkeley.
[Downloadable!] Benjamin E. Hermalin & Michael L. Katz, 2000.
"Corporate Diversification and Agency ,"
Finance
9912001, EconWPA.
[Downloadable!] Benjamin E. Hermalin and Michael L. Katz., 1994.
"Corporate Diversification and Agency ,"
Economics Working Papers
94-227, University of California at Berkeley.
[Downloadable!] This paper has been announced in the following NEP Reports :
References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.: Lewellen, Wilbur G, 1971.
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Other versions: Hermalin, Benjamin E, 1993.
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Levy, Haim & Sarnat, Marshall, 1970.
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Diamond, Douglas W & Verrecchia, Robert E, 1982.
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Diamond, Douglas W, 1984.
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Hermalin, Benjamin E & Katz, Michael L, 1991.
"Moral Hazard and Verifiability: The Effects of Renegotiation in Agency ,"
Econometrica ,
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Other versions: Steven Shavell, 1979.
"Risk Sharing and Incentives in the Principal and Agent Relationship ,"
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Holmstrom, Bengt & Milgrom, Paul, 1991.
"Multitask Principal-Agent Analyses: Incentive Contracts, Asset Ownership, and Job Design ,"
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Grossman, Sanford J & Hart, Oliver D, 1983.
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Econometrica ,
Econometric Society, vol. 51(1), pages 7-45, January.
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Other versions: Errunza, Vihang R & Senbet, Lemma W, 1984.
" International Corporate Diversification, Market Valuation, and Size-Adjusted Evidence ,"
Journal of Finance ,
American Finance Association, vol. 39(3), pages 727-43, July.
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DeMarzo, Peter M & Duffie, Darrell, 1995.
"Corporate Incentives for Hedging and Hedge Accounting ,"
Review of Financial Studies ,
Oxford University Press for Society for Financial Studies, vol. 8(3), pages 743-71.
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Debra J. Aron, 1988.
"Ability, Moral Hazard, Firm Size, and Diversification ,"
RAND Journal of Economics ,
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Yakov Amihud & Baruch Lev, 1981.
"Risk Reduction as a Managerial Motive for Conglomerate Mergers ,"
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James A. Mirrlees, 1976.
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Bengt Holmstrom, 1979.
"Moral Hazard and Observability ,"
Bell Journal of Economics ,
The RAND Corporation, vol. 10(1), pages 74-91, Spring.
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Full
references Cited by : (explanations , Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile , click on "citations" and make appropriate adjustments.)
Nancy L. Rose & Andrea Shepard, 1994.
"Firm Diversification and CEO Compensation: Managerial Ability or Executive Entrenchment? ,"
NBER Working Papers
4723, National Bureau of Economic Research, Inc.
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Perotti, Enrico C & von Thadden, Ernst-Ludwig, 2003.
"The Political Economy of Bank and Equity Dominance ,"
CEPR Discussion Papers
3914, C.E.P.R. Discussion Papers.
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Tarun Khanna & Yishay Yafeh, 2002.
"Business Groups and Risk Sharing around the World ,"
CEI Working Paper Series
2002-8, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University.
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Claessens, Stijn & Djankov, Simeon & Joseph P. H. Fan & Lang, Larry H. P., 1999.
"Corporate diversification in East Asia : the role of ultimate ownership and group affiliation ,"
Policy Research Working Paper Series
2089, The World Bank.
[Downloadable!]
Enrico Perotti & Ernst Ludwig von Thadden, 2004.
"The Political Economy of Bank- and Market Dominance ,"
Tinbergen Institute Discussion Papers
04-012/2, Tinbergen Institute.
[Downloadable!]
Other versions: Felipe Balmaceda, 2002.
"Corporate Diversification: Good for Some Bad for Others ,"
Documentos de Trabajo
141, Centro de Economía Aplicada, Universidad de Chile.
[Downloadable!]
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