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Citations for "Risk Reduction as a Managerial Motive for Conglomerate Mergers" by Yakov Amihud & Baruch Lev
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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.): Rebecca S. Demsetz & Philip E. Strahan, 1995.
"Diversification, size, and risk at bank holding companies ,"
Research Paper
9506, Federal Reserve Bank of New York.
[Downloadable!]
Baris Serifsoy, 2007.
"Stock Exchange Business Models and Their Operative Performance - Empirical Evidence ,"
Working Paper Series: Finance and Accounting
158, Department of Finance, Goethe University Frankfurt am Main.
[Downloadable!]
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.
[Downloadable!] (restricted)
Malmendier, Ulrike M. & Tate, Geoffrey, 2003.
"Who Makes Acquisitions? CEO Overconfidence and the Market's Reaction ,"
Research Papers
1798, Stanford University, Graduate School of Business.
[Downloadable!]
Andrew B. Bernard & Peter K. Schott & Stephen Redding, 2003.
"Product Choice and Product Switching ,"
NBER Working Papers
9789, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions:
Bernard, Andrew & Redding, Stephen J & Schott, Peter, 2003.
"Product Choice and Product Switching ,"
CEPR Discussion Papers
3959, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Andrew B. Bernard & Stephen Redding & Peter K. Schott, 2003.
"Product Choice and Product Switching ,"
CEP Discussion Papers
dp0594, Centre for Economic Performance, LSE.
[Downloadable!] Stephen Redding & Andrew Bernard & Peter Schott, 2005.
"Product Choice and Product Switching ,"
Working Papers
05-22, Center for Economic Studies, U.S. Census Bureau.
[Downloadable!] Andrew B. Bernard & Stephen J. Redding & Peter K. Schott, 2003.
"Product Choice and Product Switching ,"
Yale School of Management Working Papers
ysm381, Yale School of Management.
[Downloadable!] Glaser, Markus & Müller, Sebastian, 2006.
"Der Diversification Discount in Deutschland: Existiert ein Bewertungsabschlag für diversifizierte Unternehmen? ,"
Sonderforschungsbereich 504 Publications
06-13, Sonderforschungsbereich 504, Universität Mannheim & Sonderforschungsbereich 504, University of Mannheim.
[Downloadable!]
Luc Laeven & Ross Levine, 2005.
"Is There a Diversification Discount in Financial Conglomerates? ,"
NBER Working Papers
11499, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions:
Laeven, Luc & Levine, Ross, 2005.
"Is There a Diversification Discount in Financial Conglomerates? ,"
CEPR Discussion Papers
5121, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted) Laeven, Luc & Levine, Ross, 2007.
"Is there a diversification discount in financial conglomerates? ,"
Journal of Financial Economics ,
Elsevier, vol. 85(2), pages 331-367, August.
[Downloadable!] (restricted) Ammon, Norbert, 1998.
"Why Hedge? - A Critical Review of Theory and Empirical Evidence - ,"
ZEW Discussion Papers
98-18, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
[Downloadable!]
Lois Mahoney & Linda Thorn, 2006.
"An Examination of the Structure of Executive Compensation and Corporate Social Responsibility: A Canadian Investigation ,"
Journal of Business Ethics ,
Springer, vol. 69(2), pages 149-162, December.
[Downloadable!] (restricted)
Rajdeep Singh, 1995.
"Takeover Bidding with Toeholds: The Case of the Owner's Curse ,"
Finance
9503001, EconWPA.
[Downloadable!]
Richard J. Rosen, 2001.
"Do regulators search for the quiet life? the relationship between regulators and the regulated in banking ,"
Working Paper Series
WP-01-05, Federal Reserve Bank of Chicago.
[Downloadable!]
Ana I. Fernández & Silvia Gómez-Ansón, 1999.
"Un estudio de las Ofertas Públicas de Adquisición en el mercado de valores español ,"
Investigaciones Economicas ,
Fundación SEPI, vol. 23(3), pages 471-495, September.
[Downloadable!]
Lucian Bebchuk & Yaniv Grinstein, 2005.
"Firm Expansion and CEO Pay ,"
NBER Working Papers
11886, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Low, Angie & Makhija, Anil K. & Sanders, Anthony B., 2007.
"The Impact of Shareholder Power on Bondholders: Evidence from Mergers and Acquisitions ,"
Working Paper Series
2007-5, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
[Downloadable!]
Acharya, Viral V & Hasan, Iftekhar & Saunders, Anthony, 2002.
"The Effects of Focus and Diversification on Bank Risk and Return: Evidence from Individual Bank Loan Portfolios ,"
CEPR Discussion Papers
3252, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted)
Other versions: Gary Gorton & Matthias Kahl & Richard Rosen, 2005.
"Eat or Be Eaten: A Theory of Mergers and Merger Waves ,"
NBER Working Papers
11364, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Adrian Gourlay & Jonathan Seaton, 2004.
"The determinants of firm diversification in UK quoted companies ,"
Applied Economics ,
Taylor and Francis Journals, vol. 36(18), pages 2059-2071, October.
[Downloadable!] (restricted)
Mitchell Berlin, 1999.
"Jack of all trades? Product diversification in nonfinancial firms ,"
Business Review ,
Federal Reserve Bank of Philadelphia, issue May, pages 15-29.
[Downloadable!]
Acharya, Viral V & Bisin, Alberto, 2002.
"Entrepreneurial Incentives in Stock Market Economies ,"
CEPR Discussion Papers
3474, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted)
Javier Gimeno, 2002.
"The performance effects of unintended and purposive multimarket contact ,"
Managerial and Decision Economics ,
John Wiley & Sons, Ltd., vol. 23(4-5), pages 209-224.
[Downloadable!]
Artyom Durnev & Randall Morck & Bernard Yeung, 2001.
"Does Firm-specific Information in Stock Prices Guide Capital Allocation? ,"
NBER Working Papers
8093, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
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!]
Other versions:
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 ,"
Research Program in Finance Working Papers
RPF-291, University of California at Berkeley.
[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 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!] Cole, Rebel & Fatemi, Ali & Vu, Joseph, 2006.
"Do mergers create or destroy value? Evidence from unsuccessful mergers ,"
MPRA Paper
4717, University Library of Munich, Germany.
[Downloadable!]
Manuel Becerra & Juan Santalo, 2005.
"The Dominance of Diversified Versus Specialized Firms Across Industries ,"
Working Papers Economia
wp05-06, Instituto de Empresa, Area of Economic Environment.
[Downloadable!]
Other versions: Ekkehart Boehmer, .
"Business Groups, Bank Control and Large Shareholders: An Analysis of German Takeovers ,"
Working Papers
1999.20, Fondazione Eni Enrico Mattei.
[Downloadable!]
Banal - Estanol, Albert & Ottaviani, Marco, 2005.
"Mergers with Product Market Risk ,"
CEPR Discussion Papers
4831, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted)
Other versions: Caldart, Adrian & Ricart, Joan E., 2003.
"Corporate strategy revisited: A view from complexity theory ,"
IESE Research Papers
D/528, IESE Business School.
[Downloadable!]
Klaus Gugler & Dennis C. Mueller & B. Burcin Yurtoglu, 2005.
"The determinants of merger waves ,"
Working Papers
05-15, Utrecht School of Economics.
[Downloadable!]
Other versions: Jandik, Tomas & Makjija, Anil K., 2004.
"Can Diversification Create Value? Evidence from the Electric Utility Industry ,"
Working Paper Series
2005-7, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
[Downloadable!]
David Hyland, 2008.
"The long-run performance of diversifying firms ,"
Journal of Economics and Finance ,
Springer, vol. 32(3), pages 294-310, July.
[Downloadable!] (restricted)
Gedajlovic, E.R. & Yoshikawa, T. & Hashimoto, M., 2001.
"Ownership Structure, Investment Behavior and Firm Performance in Japanese Manufacturing Industries ,"
Research Paper
ERS-2001-09-STR Revision_, Erasmus Research Institute of Management (ERIM), ERIM is the joint research institute of the Rotterdam School of Management, Erasmus University and the Erasmus School of Economics (ESE) at Erasmus Uni.
[Downloadable!]
Lex Donaldson, 2008.
"Ethics Problems and Problems with Ethics: Toward a Pro-Management Theory ,"
Journal of Business Ethics ,
Springer, vol. 78(3), pages 299-311, March.
[Downloadable!] (restricted)
Andrew P. Dickerson & Heather D. Gibson & Euclid Tsakalotos, 1998.
"Takeover Risk and the Market for Corporate Control: The Experience of British Firms in the 1970s and 1980s ,"
Studies in Economics
9803, Department of Economics, University of Kent.
[Downloadable!]
Other versions: Sven-Olof Collin, 2007.
"Governance strategy: a property right approach turning governance into action ,"
Journal of Management and Governance ,
Springer, vol. 11(3), pages 215-237, September.
[Downloadable!] (restricted)
Cole, Rebel & Mehran, Hamid, 2007.
"What can we learn from privately held firms about executive compensation? ,"
MPRA Paper
4710, University Library of Munich, Germany.
[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!]
Belen Villalonga, 2001.
"Diversification Discount or Premium? New Evidence from BITS Establishment-Level Data ,"
Working Papers
01-13, Center for Economic Studies, U.S. Census Bureau.
[Downloadable!]
R. Glenn Hubbard & Darius Palia, 1996.
"Benefits of Control, Managerial Ownership, and the Stock Returns of Acquiring Firms ,"
NBER Working Papers
5079, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions: Fahlenbrach, Rudiger, 2006.
"Founder-CEOs, Investment Decisions, and Stock Market Performance ,"
Working Paper Series
2004-20, Ohio State University, Charles A. Dice Center for Research in Financial Economics.
[Downloadable!]
Bardhan, Ashok & Tang, John, 2006.
"Diversified Occupations, Offshoring and Labor Market Volatility ,"
MPRA Paper
3168, University Library of Munich, Germany, revised 01 Jun 2007.
[Downloadable!]
Andreas Roider, 2007.
"Risk, Delegation, and Project Scope ,"
IZA Discussion Papers
3117, Institute for the Study of Labor (IZA).
[Downloadable!]
Allen N. Berger & J. David Cummins & Mary A. Weiss & Hongmin Zi, 2000.
"Conglomeration Versus Strategic Focus: Evidence from the Insurance Industry ,"
Center for Financial Institutions Working Papers
99-29, Wharton School Center for Financial Institutions, University of Pennsylvania.
[Downloadable!]
Other versions:
Allen N. Berger & J. David Cummins & Mary A. Weiss & Hongmin Zi, 1999.
"Conglomeration versus strategic focus: evidence from the insurance industry ,"
Finance and Economics Discussion Series
1999-40, Board of Governors of the Federal Reserve System (U.S.).
[Downloadable!] Berger, Allen N. & Cummins, J. David & Weiss, Mary A. & Zi, Hongmin, 2000.
"Conglomeration versus Strategic Focus: Evidence from the Insurance Industry ,"
Journal of Financial Intermediation ,
Elsevier, vol. 9(4), pages 323-362, October.
[Downloadable!] (restricted) Martynova, Marina & Renneboog, L.D.R., 2006.
"Mergers and Acquisitions in Europe ,"
Discussion Paper
3, Tilburg University, Tilburg Law and Economic Center.
[Downloadable!]
Other versions:
Martynova, M. & Renneboog, L.D.R., 2006.
"Mergers and Acquisitions in Europe ,"
Discussion Paper
2006-003, Tilburg University, Tilburg Law and Economic Center.
Martynova, Martina & Renneboog, L.D.R., 2006.
"Mergers and acquisitions in Europe ,"
Discussion Paper
6, Tilburg University, Center for Economic Research.
[Downloadable!] Acharya, Viral V & Amihud, Yakov & Litov, Lubomir P., 2008.
"Creditor Rights and Corporate Risk-taking ,"
CEPR Discussion Papers
6697, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted)
Matthias Kahl & Jun Liu & Francis A. Longstaff, 2002.
"Paper millionaires: How valuable is stock to a stockholder who is restricted from selling it? ,"
NBER Working Papers
8969, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Durand, Rodolphe & Lubatkin, Michael H., 2006.
"The missing lens in family firm governance theory: a self-other typology of parental altruism ,"
Les Cahiers de Recherche
839, HEC Paris.
[Downloadable!]
Belen Villalonga, 2000.
"Does Diversification Cause the "Diversification Discount"? ,"
University of California at Los Angeles, Anderson Graduate School of Management
1079, Anderson Graduate School of Management, UCLA.
[Downloadable!]
Daniele Cerrato & Mariacristina Piva, 2007.
"The Internationalization of Small and Medium-sized Enterprises: the Effect of Family Management, Human Capital and Foreign Ownership ,"
DISCE - Quaderni del Dipartimento di Scienze Economiche e Sociali
dises0748, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
[Downloadable!]
Holger M. Mueller, 2000.
"Project Bundling, Liquidity Spillovers, and Capital Market Discipline ,"
Econometric Society World Congress 2000 Contributed Papers
0681, Econometric Society.
[Downloadable!]
Renneboog, L.D.R. & Szilagyi, Peter G., 2006.
"Corporate restructuring and bondholder wealth ,"
Discussion Paper
23, Tilburg University, Center for Economic Research.
[Downloadable!]
Other versions:
Renneboog, L.D.R. & Szilagy, Peter G., 2006.
"Corporate Restructuring and Bondholder Wealth ,"
Discussion Paper
7, Tilburg University, Tilburg Law and Economic Center.
[Downloadable!] Renneboog, L.D.R. & Szilagyi, P.G., 2006.
"Corporate Restructuring and Bondholder Wealth ,"
Discussion Paper
2006-007, Tilburg University, Tilburg Law and Economic Center.
Luc Renneboog & Peter G. Szilagyi, 2008.
"Corporate Restructuring and Bondholder Wealth ,"
European Financial Management ,
Blackwell Publishing Ltd, vol. 14(4), pages 792-819.
[Downloadable!] (restricted) Joshua Abor, 2008.
"Determinants of the Capital Structure of Ghanaian Firms ,"
Research Papers
RP_176, African Economic Research Consortium.
[Downloadable!]
Antoine Renucci, 2008.
"Access to financing, rents, and organization of the firm ,"
Post-Print
halshs-00365983_v1, HAL.
[Downloadable!]
Ekaterina Emm & Jayant Kale, 2006.
"Efficiency Implications of Corporate Diversification: Evidence from Micro Data ,"
Working Papers
06-26, Center for Economic Studies, U.S. Census Bureau.
[Downloadable!]
Gomes, Joao F & Livdan, Dmitry, 2002.
"Optimal Diversification ,"
CEPR Discussion Papers
3461, C.E.P.R. Discussion Papers.
[Downloadable!] (restricted)
Gammelgaard, Jens, 2001.
"Time and Path Dependencies in Foreign Acquisition Behaviours The History of Danish Takeovers Abroad 1888 to 1993 ,"
Working Papers
3-2001, Copenhagen Business School, Department of International Economics and Management.
[Downloadable!]
A Cosh & P Guest & A Hughes, 2001.
"Managerial Discretion and Takeover Performance ,"
ESRC Centre for Business Research - Working Papers
wp216, ESRC Centre for Business Research.
[Downloadable!]
Peter G. Klein & Marc R. Saidenberg, .
"Diversification, Organization, and Efficiency: Evidence from Bank Holding Companies ,"
Center for Financial Institutions Working Papers
97-27, Wharton School Center for Financial Institutions, University of Pennsylvania.
[Downloadable!]
Richard J. Sullivan & Kenneth R. Spong, 1998.
"How does ownership structure and manager wealth influence risk? : a look at ownership structure, manager wealth, and risk in commercial banks ,"
Financial Industry Perspectives ,
Federal Reserve Bank of Kansas City, issue Dec, pages 15-40.
[Downloadable!]
He, Jinyu & Mahoney, Joseph T., 2006.
"Firm Capability, Corporate Governance, and Firm Competitive Behavior: A Multi-theoretic Framework ,"
Working Papers
06-0103, University of Illinois at Urbana-Champaign, College of Business.
[Downloadable!]
Hsi-Mei Chung, 2006.
"Managerial ties, control and deregulation: An investigation of business groups entering the deregulated banking industry in Taiwan ,"
Asia Pacific Journal of Management ,
Springer, vol. 23(4), pages 505-520, December.
[Downloadable!] (restricted)
Lili Qiu, 2004.
"Which Institutional Investors Monitor? Evidence from Acquisition Activity ,"
Working Papers
2004-21, Brown University, Department of Economics.
[Downloadable!]
Dick Boer & Dirk Brounen & Hans Op’t Veld, 2005.
"Corporate Focus and Stock Performance International Evidence from Listed Property Markets ,"
The Journal of Real Estate Finance and Economics ,
Springer, vol. 31(3), pages 263-281, November.
[Downloadable!] (restricted)
Richard J. Rosen, 2004.
"Betcha can’t acquire just one: merger programs and compensation ,"
Working Paper Series
WP-04-22, Federal Reserve Bank of Chicago.
[Downloadable!]
Weiss, Christoph & Briglauer, Wolfgang, 2002.
"Determinants and Dynamics of Farm Diversification ,"
2002 International Congress, August 28-31, 2002, Zaragoza, Spain
24929, European Association of Agricultural Economists.
[Downloadable!]
Martynova, Marina & Renneboog, L.D.R., 2006.
"The performance of the European market for corporate control : evidence from the 5th takeover wave ,"
Discussion Paper
118, Tilburg University, Center for Economic Research.
[Downloadable!]
Other versions: A. Mitchell Polinsky, 1987.
"Fixed Price Versus Spot Price Contracts: A Study in Risk Allocation ,"
NBER Working Papers
1817, National Bureau of Economic Research, Inc.
[Downloadable!] (restricted)
Other versions: João Silva Moura Neto & Nelson Marconi & Paulo Eduardo Moledo Palombo & Paulo Roberto Arvate, 2006.
"Vertical Transfers And The Appropriation Of Resources By The Bureaucracy: The Case Of Brazilian State Governments ,"
Anais do XXXIV Encontro Nacional de Economia [Proceedings of the 34th Brazilian Economics Meeting]
136, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics].
[Downloadable!]
Other versions: Wolfgang Kürsten, 2003.
"Synergetische Merger, Co-Insurance und Shareholder Value, oder: Wer profitiert von "wertschaffenden" Fusionen? ,"
Jenaer Schriften zur Wirtschaftswissenschaft
01/2003, Friedrich-Schiller-Universität Jena, Wirtschaftswissenschaftliche Fakultät.
[Downloadable!]
Linda Allen & Julapa Jagtiani & Stavros Peristiani & Anthony Saunders, 2002.
"The role of bank advisors in mergers and acquisitions ,"
Staff Reports
143, Federal Reserve Bank of New York.
[Downloadable!]
Utz Weitzel & Killian J McCarthy, 2009.
"Theory and Evidence on Mergers and Acquisitions by Small and Medium Enterprises ,"
Working Papers
09-21, Utrecht School of Economics.
[Downloadable!]
Davide Vannoni, 2000.
"Diversification, the Resource View and Productivity: Evidence from Italian Manufacturing Firms ,"
Empirica ,
Springer, vol. 27(1), pages 47-63, March.
[Downloadable!] (restricted)
Gammelgaard, Jens, 1999.
"Competence: A Dynamic Extension of the Existing Typology of Acquisition Motives ,"
Working Papers
12-1999, Copenhagen Business School, Department of International Economics and Management.
[Downloadable!]
Felipe Balmaceda, 2006.
"Mergers and CEO power ,"
Documentos de Trabajo
224, Centro de Economía Aplicada, Universidad de Chile.
[Downloadable!]
Jovanovic, B., 1993.
"The Diversification of Production ,"
Working Papers
93-11, C.V. Starr Center for Applied Economics, New York University.
[Downloadable!]
William N. Pugh & Sharon L. Oswald & John S. Jahera Jr., 2000.
"The effect of ESOP adoptions on corporate performance: are there really performance changes? ,"
Managerial and Decision Economics ,
John Wiley & Sons, Ltd., vol. 21(5), pages 167-180.
[Downloadable!]
Miguel Hidalgo, Alberto de & Ríos Rodríguez, Diana M., 2007.
"Estrategia de Diversificación y Oportunidades de crecimiento: evidencia para el mercado español ,"
Documentos de Trabajo "Nuevas Tendencias en Dirección de Empresas". Working Papers "New Trends on Business Administration".
2007-02, Interuniversitary Doctorate Program "New Trends on Business Administration", Universities of Valladolid, Burgos and Salamanca (Spain). Programa de Doctorado Interuniversitario "Nuevas Tendencias en Di.
[Downloadable!]
José Casas-Pardo & Miguel Puchades-Navarro, 2001.
"A Critical Comment on Niskanen's Model ,"
Public Choice ,
Springer, vol. 107(1), pages 147-167, April.
[Downloadable!] (restricted)
Pursey P.P.M.A.R. Heugens & Jordan Otten, 2005.
"Corporate Governance Reforms around the World ,"
Working Papers
05-08, Utrecht School of Economics.
[Downloadable!]
Fabrice Roth, 2000.
"Gouvernement des entreprises et stratégie du dirigeant:une étude clinique dans le secteur de l'assurance ,"
Working Papers FARGO
1000701, Université de Bourgogne - Latec/Fargo (Research center in Finance,organizational ARchitecture and GOvernance).
[Downloadable!]
Narjess Boubakri & Georges Dionne & Thouraya Triki, 2006.
"Consolidation and Value Creation in the Insurance Industry: the Role of Governance ,"
Cahiers de recherche
0626, CIRPEE.
[Downloadable!]
Other versions: Timothy B. Folta & Jonathan P. O'Brien, 2008.
"Determinants of firm-specific thresholds in acquisition decisions ,"
Managerial and Decision Economics ,
John Wiley & Sons, Ltd., vol. 29(2-3), pages 209-225.
[Downloadable!]
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