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Business Groups in Emerging Markets: Paragons or Parasites?

Citations

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Cited by:

  1. Paligorova, Teodora & Xu, Zhaoxia, 2012. "Complex ownership and capital structure," Journal of Corporate Finance, Elsevier, vol. 18(4), pages 701-716.
  2. Kulwant Singh & Ishtiaq P. Mahmood & Siddharth Natarajan, 2017. "Capital Market Development and Firm Restructuring During an Economic Shock," Organization Science, INFORMS, vol. 28(3), pages 552-573, June.
  3. Rekha Rao-Nicholson & Catherine Cai, 2020. "The effects of ownership identity on corporate diversification strategy of Chinese companies in foreign markets," Asia Pacific Journal of Management, Springer, vol. 37(1), pages 91-126, March.
  4. Lauterbach, Beni & Yafeh, Yishay, 2011. "Long term changes in voting power and control structure following the unification of dual class shares," Journal of Corporate Finance, Elsevier, vol. 17(2), pages 215-228, April.
  5. Giuseppe Vanoni Martínez & Carlos Rodr�guez-Romero, 2017. "Los conglomerados empresariales en el Ecuador: un análisis histórico, económico y político," Apuntes del Cenes, Universidad Pedagógica y Tecnológica de Colombia, vol. 36(63), pages 247-278.
  6. Basu, Debarati & Sen, Kaustav, 2015. "Financial decisions by business groups in India: Is it “fair and square”?," Journal of Contemporary Accounting and Economics, Elsevier, vol. 11(2), pages 121-137.
  7. Giulio Cainelli & Valentina Giannini & Donato Iacobucci, 2020. "Small firms and bank financing in bad times," Small Business Economics, Springer, vol. 55(4), pages 943-953, December.
  8. David Atkin & Amit K. Khandelwal, 2020. "How Distortions Alter the Impacts of International Trade in Developing Countries," Annual Review of Economics, Annual Reviews, vol. 12(1), pages 213-238, August.
  9. Konstantin Kosenko, 2007. "Evolution of Business Groups in Israel: Their Impact at the Level of the Firm and the Economy," Israel Economic Review, Bank of Israel, vol. 5(2), pages 55-93.
  10. Özcan Gül Berna & Gündüz Umut, 2015. "Political connectedness and business performance: evidence from Turkish industry rankings," Business and Politics, De Gruyter, vol. 17(1), pages 41-73, April.
  11. Espenlaub, Susanne & Khurshed, Arif & Sitthipongpanich, Thitima, 2012. "Bank connections, corporate investment and crisis," Journal of Banking & Finance, Elsevier, vol. 36(5), pages 1336-1353.
  12. Granda, María L., 2021. "Tax haven ownership and business groups: Tax avoidance incentives in Ecuadorian firms," Journal of Business Research, Elsevier, vol. 130(C), pages 698-708.
  13. Chakravarty, Sugato & Hegde, Prasad, 2022. "Firm size and the effectiveness of busy boards in an emerging economy," Global Finance Journal, Elsevier, vol. 53(C).
  14. Sunny Li Sun & Mike W. Peng & Weiqiang Tan, 2017. "Institutional relatedness behind product diversification and international diversification," Asia Pacific Journal of Management, Springer, vol. 34(2), pages 339-366, June.
  15. Shantanu Dutta & Supriya Katti & B. V. Phani & Pengcheng Zhu, 2022. "Corporate social responsibility spending as a building block for sustainable corporate ethical identity: Lessons from Indian business groups," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 43(3), pages 696-717, April.
  16. Joseph P. H. Fan & Li Jin & Guojian Zheng, 2016. "Revisiting the Bright and Dark Sides of Capital Flows in Business Groups," Journal of Business Ethics, Springer, vol. 134(4), pages 509-528, April.
  17. Yan-Jie Yang & Jungpao Kang & Ruey-Ching Lin & Joshua Ronen, 2016. "Auditor selection within a business group: evidence from Taiwan," Review of Quantitative Finance and Accounting, Springer, vol. 46(2), pages 195-215, February.
  18. Arpita Agnihotri & Saurabh Bhattacharya, 2019. "ESOPs AND NEW PRODUCT LAUNCH: CONDITIONAL EFFECTS OF FINANCIAL SLACK AND OWNERSHIP CONCENTRATION," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 24(03), pages 1-21, April.
  19. Helen Wei Hu & Lin Cui & Preet S Aulakh, 2019. "State capitalism and performance persistence of business group-affiliated firms: A comparative study of China and India," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 50(2), pages 193-222, March.
  20. Minzhi Wu & Emili Tortosa-Ausina & Paula Cruz-García, 2024. "The impact of diversification on the profitability and risk of Chinese banks: evidence from a semiparametric approach," Empirical Economics, Springer, vol. 67(6), pages 2565-2606, December.
  21. Sommeno, Tigist Woldetsadik & Mersland, Roy & Randøy, Trond, 2024. "The impact of liability of foreignness on performance in hybrid organizations," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 30(2), pages 1-22.
  22. Luis Alfonso Dau & Randall Morck & Bernard Yin Yeung, 2021. "Business groups and the study of international business: A Coasean synthesis and extension," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 52(2), pages 161-211, March.
  23. Bossavie,Laurent Loic Yves & Görlach,Joseph-Simon & Ozden,Caglar & Wang,He, 2022. "Institutional Voids, Capital Markets and Temporary Migration : Evidence from Bangladesh," Policy Research Working Paper Series 9930, The World Bank.
  24. Enderwick, Peter & Buckley, Peter J., 2021. "The role of springboarding in economic catch-up: A theoretical perspective," Journal of International Management, Elsevier, vol. 27(3).
  25. Cuervo-Cazurra, Alvaro, 2008. "The multinationalization of developing country MNEs: The case of multilatinas," Journal of International Management, Elsevier, vol. 14(2), pages 138-154, June.
  26. Chen, Xuchang & Wu, Changqi, 2023. "Subnational social trust and the internationalization of emerging market firms," Journal of Business Research, Elsevier, vol. 158(C).
  27. Eugene Kandel & Konstantin Kosenko & Randall Morck & Yishay Yafeh, 2013. "The Great Pyramids of America: A Revised History of US Business Groups, Corporate Ownership and Regulation, 1930-1950," NBER Working Papers 19691, National Bureau of Economic Research, Inc.
  28. Omer Berkman & Shlomith D. Zuta, 2020. "The impact of audit committee expertise on auditor resources: the case of Israel," Review of Quantitative Finance and Accounting, Springer, vol. 55(2), pages 579-603, August.
  29. Cho, Duksang, 2019. "Pyramidal Business Groups and Asymmetric Financial Frictions," KDI Journal of Economic Policy, Korea Development Institute (KDI), vol. 41(3), pages 1-38.
  30. Li, Donghui & Nguyen, Quang N. & Pham, Peter K. & Wei, Steven X., 2011. "Large Foreign Ownership and Firm-Level Stock Return Volatility in Emerging Markets," Journal of Financial and Quantitative Analysis, Cambridge University Press, vol. 46(4), pages 1127-1155, August.
  31. Julian FRANKS & Colin MAYER & Hideaki MIYAJIMA, 2009. "Equity Markets and Institutions: The case of Japan," Discussion papers 09039, Research Institute of Economy, Trade and Industry (RIETI).
  32. Kasahara Yuri, 2013. "Should I stay or should I go? A comparative study of banking sector policies and the strategies of Central American business groups," Business and Politics, De Gruyter, vol. 14(4), pages 1-43, January.
  33. Ducret, Romain & Isakov, Dušan, 2024. "Business group heterogeneity and firm outcomes: Evidence from Korean chaebols," Global Finance Journal, Elsevier, vol. 63(C).
  34. repec:ulp:buopee:v::y:2011:m:12:i:6 is not listed on IDEAS
  35. Larrain, Borja & Sertsios, Giorgo & Francisco Urzúa I.,, 2021. "The going public decision of business group firms," Journal of Corporate Finance, Elsevier, vol. 66(C).
  36. Teodora Paligorova, 2010. "Corporate Risk Taking and Ownership Structure," Staff Working Papers 10-3, Bank of Canada.
  37. Waseemullah & Arshad Hasan, 2018. "Business Group Affiliation and Firm Performance—Evidence from Pakistani Listed Firms," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 57(3), pages 351-371.
  38. Carney, Michael & Estrin, Saul & Liang, Zhixiang & Shapiro, Daniel, 2022. "Are Latin American business groups different? An exploratory international political economy perspective," LSE Research Online Documents on Economics 111821, London School of Economics and Political Science, LSE Library.
  39. Gur Aminadav & Elias Papaioannou, 2020. "Corporate Control around the World," Journal of Finance, American Finance Association, vol. 75(3), pages 1191-1246, June.
  40. Becker-Ritterspach, Florian & Bruche, Gert, 2012. "Capability creation and internationalization with business group embeddedness – the case of Tata Motors in passenger cars," European Management Journal, Elsevier, vol. 30(3), pages 232-247.
  41. Holmes, R. Michael & Hoskisson, Robert E. & Kim, Hicheon & Wan, William P. & Holcomb, Tim R., 2018. "International strategy and business groups: A review and future research agenda," Journal of World Business, Elsevier, vol. 53(2), pages 134-150.
  42. Aggarwal, Raj & Jindal, Varun & Seth, Rama, 2019. "Board diversity and firm performance: The role of business group affiliation," International Business Review, Elsevier, vol. 28(6), pages 1-1.
  43. Emiliano Carlo, 2014. "Pyramids and the separation between direction and control of non-financial Italian family companies," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 18(3), pages 835-872, August.
  44. Vivien Lefebvre, 2021. "Business group affiliation in rural contexts: Do small firms grow faster through working capital management?," Growth and Change, Wiley Blackwell, vol. 52(4), pages 2453-2476, December.
  45. Haw, In-Mu & Hu, Bingbing & Lee, Jay Junghun, 2015. "Product market competition and analyst forecasting activity: International evidence," Journal of Banking & Finance, Elsevier, vol. 56(C), pages 48-60.
  46. Hsi-Mei Chung & Sven Dahms & Pao T. Kao, 2021. "Emerging Market Multinational Family Business Groups and the Use of Family Managers in Foreign Subsidiaries," Management International Review, Springer, vol. 61(1), pages 57-89, March.
  47. Éric Rugraff, 2011. "« De la faiblesse européenne » : la question de l’aide chinoise au sauvetage de la zone euro," Post-Print hal-04031323, HAL.
  48. Chauhan, Yogesh & Kumar, Satish, 2017. "Does founder ownership affect foreign investments? Evidence from India," Emerging Markets Review, Elsevier, vol. 32(C), pages 116-129.
  49. Zhang, Min & M, Lijun & Zhang, Bo & Yi, Zhihong, 2016. "Pyramidal structure, political intervention and firms' tax burden: Evidence from China's local SOEs," Journal of Corporate Finance, Elsevier, vol. 36(C), pages 15-25.
  50. TRIPATHI, Nitya Nand & TIWARI, Aviral Kumar & LEE, Chi-Chuan, 2025. "Crude oil price shocks and idiosyncratic risk: Implications for business groups," Journal of Asian Economics, Elsevier, vol. 100(C).
  51. Jonathan Doh & Suzana Rodrigues & Ayse Saka-Helmhout & Mona Makhija, 2017. "International business responses to institutional voids," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 48(3), pages 293-307, April.
  52. Yafeh, Yishay & Fried, Jesse & Kamar, Ehud, 2018. "The Effect of Minority Veto Rights on Controller Tunneling," CEPR Discussion Papers 12697, C.E.P.R. Discussion Papers.
  53. Yunok Cho & Nigel Driffield & Sourindra Banerjee & Byung Il Park, 2023. "Returns to Internationalization: Business Group-Affiliated Firms vs Standalone Firms," Management International Review, Springer, vol. 63(4), pages 603-639, August.
  54. Jeoung Yul Lee & Asli M. Colpan & Yeon-Sik Ryu & Tomoki Sekiguchi, 2022. "What do we know about the internationalization of Asian business groups? A systematic review and future research agenda," Asian Business & Management, Palgrave Macmillan, vol. 21(5), pages 802-830, November.
  55. Muhammad Farooq Shabbir & Hassan Danial Aslam & Elaine Yen Nee Oon & Aamir Amin, 2024. "Optimizing corporate governance: unraveling the interplay of board structure and firm efficiency," Cogent Economics & Finance, Taylor & Francis Journals, vol. 12(1), pages 2396034-239, December.
  56. Langlois, Richard N., 2013. "Business groups and the natural state," Journal of Economic Behavior & Organization, Elsevier, vol. 88(C), pages 14-26.
  57. Chien-Nan Chen & Chengli Tien & Bernard Gan, 2019. "The postentry performance of business groups’ new venture affiliates," Australian Journal of Management, Australian School of Business, vol. 44(2), pages 325-343, May.
  58. Randall Morck, 2011. "Finance and Governance in Developing Economies," Annual Review of Financial Economics, Annual Reviews, vol. 3(1), pages 375-406, December.
  59. Bena, Jan & Ortiz-Molina, Hernán, 2013. "Pyramidal ownership and the creation of new firms," Journal of Financial Economics, Elsevier, vol. 108(3), pages 798-821.
  60. Angelo M. Solarino & Brian K. Boyd, 2020. "Are all forms of ownership prone to tunneling? A meta‐analysis," Corporate Governance: An International Review, Wiley Blackwell, vol. 28(6), pages 488-501, November.
  61. Rafael Di Tella & Juan Dubra, 2016. "Meet the Oligarchs: Business Legitimacy, State Capacity and Taxation," Documentos de Trabajo/Working Papers 1607, Facultad de Ciencias Empresariales y Economia. Universidad de Montevideo..
  62. Joyce C. Wang & Jingtao Yi & Xiuping Zhang & Mike W. Peng, 2022. "Pyramidal Ownership and SOE Innovation," Journal of Management Studies, Wiley Blackwell, vol. 59(7), pages 1839-1868, November.
  63. Hicheon Kim & Johngseok Bae & Garry Bruton, 2012. "Business groups and institutional upheaval in emerging economies: Corporate venturing in Korea," Asia Pacific Journal of Management, Springer, vol. 29(3), pages 729-752, September.
  64. William H. Beaver & Stefano Cascino & Maria Correia & Maureen F. McNichols, 2019. "Group Affiliation and Default Prediction," Management Science, INFORMS, vol. 65(8), pages 3559-3584, August.
  65. Liu, Huilong & Xie, Jing & Yang, Yanning, 2024. "Government data opening and corporate cash holdings: Evidence from a quasi-natural experiment in China," Economic Analysis and Policy, Elsevier, vol. 84(C), pages 1394-1414.
  66. Onji Kazuki & Vera David, 2010. "Tax Law Asymmetries and Income Shifting: Evidence from Japanese Capital Keiretsu," The B.E. Journal of Economic Analysis & Policy, De Gruyter, vol. 10(1), pages 1-35, January.
  67. Shangguan, Yiwen & Feng, Qiyangfan, 2025. "The power of the business group: Differences in firm hiring decisions under labor protection shock," Economic Modelling, Elsevier, vol. 149(C).
  68. Giacinta Cestone & Chiara Fumagalli & Francis Kramaz & Giovanni Pica, 2015. "Insurance Between Firms: The Role of Internal Labor Markets," CSEF Working Papers 386, Centre for Studies in Economics and Finance (CSEF), University of Naples, Italy, revised 22 Jan 2020.
  69. Xin Chen & Qizhi Dai & Chaohong Na, 2019. "The value of enterprise information systems under different corporate governance aspects," Information Technology and Management, Springer, vol. 20(4), pages 223-247, December.
  70. Randall Morck & Bernard Yeung, 2010. "Agency Problems and the Fate of Capitalism," NBER Working Papers 16490, National Bureau of Economic Research, Inc.
  71. Aguilera, Ruth V. & Crespi-Cladera, Rafel, 2012. "Firm family firms: Current debates of corporate governance in family firms," Journal of Family Business Strategy, Elsevier, vol. 3(2), pages 66-69.
  72. Carlo Altomonte & Gianmarco I. P. Ottaviano & Armando Rungi & Tommaso Sonno, 2021. "Business groups as knowledge-based hierarchies of firms," CEP Discussion Papers dp1804, Centre for Economic Performance, LSE.
  73. Coad, Alexander & Amaral-Garcia, Sofia & Bauer, Peter & Domnick, Clemens & Harasztosi, Péter & Pál, Rozália & Teruel, Mercedes, 2022. "Investment expectations by vulnerable European firms: A difference-in-difference approach," EIB Working Papers 2022/04, European Investment Bank (EIB).
  74. Sharon Belenzon & Ulya Tsolmon, 2016. "Market frictions and the competitive advantage of internal labor markets," Strategic Management Journal, Wiley Blackwell, vol. 37(7), pages 1280-1303, July.
  75. Jongmoo Jay Choi & Hoje Jo & Jimi Kim & Moo Sung Kim, 2018. "Business Groups and Corporate Social Responsibility," Journal of Business Ethics, Springer, vol. 153(4), pages 931-954, December.
  76. Wagner, Rodrigo & Zahler, Andrés, 2015. "New exports from emerging markets: Do followers benefit from pioneers?," Journal of Development Economics, Elsevier, vol. 114(C), pages 203-223.
  77. Yaprak, Attila & Tasoluk, Burcu & Kocas, Cenk, 2015. "Market orientation, managerial perceptions, and corporate culture in an emerging market: Evidence from Turkey," International Business Review, Elsevier, vol. 24(3), pages 443-456.
  78. Noriyoshi Yanase & Piman Limpaphayom, 2017. "Organization Structure And Corporate Demand For Reinsurance: The Case Of The Japanese Keiretsu," Journal of Risk & Insurance, The American Risk and Insurance Association, vol. 84(2), pages 599-629, June.
  79. Berger, Allen N. & Hasan, Iftekhar & Zhou, Mingming, 2010. "The effects of focus versus diversification on bank performance: Evidence from Chinese banks," Journal of Banking & Finance, Elsevier, vol. 34(7), pages 1417-1435, July.
  80. Sathyajit R. Gubbi & Preet S. Aulakh & Sougata Ray, 2015. "International Search Behavior of Business Group Affiliated Firms: Scope of Institutional Changes and Intragroup Heterogeneity," Organization Science, INFORMS, vol. 26(5), pages 1485-1501, October.
  81. Dhammika Dharmapala & Vikramaditya S. Khanna, 2019. "Stock Market Reactions to India's 2016 Demonetization," Journal of Empirical Legal Studies, John Wiley & Sons, vol. 16(2), pages 281-317, June.
  82. Mengdie Hai & Ziwei Fang & Zhaohua Li, 2022. "Does Business Group’s Conscious of Social Responsibility Enhance its Investment Efficiency? Evidence from ESG Disclosure of China’s Listed Companies," Sustainability, MDPI, vol. 14(8), pages 1-18, April.
  83. Ki‐Hoon Lee & Donghoon Shin & Minwoo Lee, 2023. "Business group affiliation and corporate sustainability performance in emerging economies: Evidence from South Korea," Business Strategy and the Environment, Wiley Blackwell, vol. 32(7), pages 4503-4518, November.
  84. Monica Plechero & Cristina Chaminade, 2016. "The role of regional sectoral specialisation on the geography of innovation networks: a comparison between firms located in regions in developed and emerging economies," International Journal of Technological Learning, Innovation and Development, Inderscience Enterprises Ltd, vol. 8(2), pages 148-171.
  85. Sharon Belenzon & Honggi Lee & Andrea Patacconi, 2023. "Managing risk in corporate groups: Limited liability, asset partitioning, and risk compartmentalization," Strategic Management Journal, Wiley Blackwell, vol. 44(12), pages 2888-2921, December.
  86. Morck, Randall & Deniz Yavuz, M. & Yeung, Bernard, 2011. "Banking system control, capital allocation, and economy performance," Journal of Financial Economics, Elsevier, vol. 100(2), pages 264-283, May.
  87. Hearn, Bruce & Oxelheim, Lars & Randøy, Trond, 2018. "The institutional determinants of private equity involvement in business groups—The case of Africa," Journal of World Business, Elsevier, vol. 53(2), pages 118-133.
  88. Alvaro Cuervo-Cazurra, 2018. "The Evolution of Business Groups’ Corporate Social Responsibility," Journal of Business Ethics, Springer, vol. 153(4), pages 997-1016, December.
  89. Ruijie Sun & Feng Liu & Yinan Li & Rongping Wang & Jing Luo, 2024. "Machine Learning for Predicting Corporate Violations: How Do CEO Characteristics Matter?," Journal of Business Ethics, Springer, vol. 195(1), pages 151-166, November.
  90. Jürgen Wandel, 2011. "Business groups and competition in post-Soviet transition economies: The case of Russian “agroholdings”," The Review of Austrian Economics, Springer;Society for the Development of Austrian Economics, vol. 24(4), pages 403-450, December.
  91. Gao, Peng & Vochozka, Marek & Niu, Siqian, 2024. "The contagion effect of overconfidence in business group," International Review of Financial Analysis, Elsevier, vol. 91(C).
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  94. Surenderrao Komera & P. J. Jijo Lukose & Subash Sasidharan, 2018. "Does business group affiliation encourage R&D activities? Evidence from India," Asia Pacific Journal of Management, Springer, vol. 35(4), pages 887-917, December.
  95. Vasanthan Subramaniam & Shaista Wasiuzzaman, 2019. "Corporate diversification and dividend policy: empirical evidence from Malaysia," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 23(3), pages 735-758, September.
  96. Qiang Xu & Lian Xu & Zaiyang Xie & Mufan Jin, 2021. "Does Business Group Matter for the Relationship between Green Innovation and Financial Performance? Evidence from Chinese Listed Companies," Sustainability, MDPI, vol. 13(23), pages 1-16, November.
  97. Aldunate, Felipe & González, Felipe & Prem, Mounu & Urzúa, Francisco, 2020. "Privatization and business groups: Evidence from the Chicago Boys in Chile," Explorations in Economic History, Elsevier, vol. 78(C).
  98. Sumon Kumar Bhaumik & Saul Estrin & Tomasz Mickiewicz, 2017. "Ownership identity, strategy and performance: Business group affiliates versus independent firms in India," Asia Pacific Journal of Management, Springer, vol. 34(2), pages 281-311, June.
  99. Aharon Cohen Mohliver & Gitit Gur-Gershgorn & Shinjinee Chattopadhyay, 2013. "IPO pricing and ownership structure: the business-group effect," Chapters, in: Mario Levis & Silvio Vismara (ed.), Handbook of Research on IPOs, chapter 16, pages 327-344, Edward Elgar Publishing.
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  104. Pombo, Carlos & Gutiérrez, Luis H., 2011. "Outside directors, board interlocks and firm performance: Empirical evidence from Colombian business groups," Journal of Economics and Business, Elsevier, vol. 63(4), pages 251-277, July.
  105. Weichieh Su & Danchi Tan, 2018. "Business Groups and Tax Havens," Journal of Business Ethics, Springer, vol. 153(4), pages 1067-1081, December.
  106. Ann Terlaak & Seonghoon Kim & Taewoo Roh, 2018. "Not Good, Not Bad: The Effect of Family Control on Environmental Performance Disclosure by Business Group Firms," Journal of Business Ethics, Springer, vol. 153(4), pages 977-996, December.
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  109. Giovannetti, Andrea, 2021. "The anatomy of buyer–seller dynamics in decentralized markets," International Review of Financial Analysis, Elsevier, vol. 77(C).
  110. San Martín, Pablo & Saona, Paolo, 2017. "Capital structure in the Chilean corporate sector: Revisiting the stylized facts," Research in International Business and Finance, Elsevier, vol. 40(C), pages 163-174.
  111. Kai Yiu Chan, 2011. "Making Sense Of The ‘Business Group’ In Modern China: The Rong Brothers' Businesses, 1901–37," Australian Economic History Review, Economic History Society of Australia and New Zealand, vol. 51(3), pages 219-244, November.
  112. Giulio Cainelli & Valentina Giannini & Donato Iacobucci, 0. "Small firms and bank financing in bad times," Small Business Economics, Springer, vol. 0, pages 1-11.
  113. Saul Estrin & Klaus E. Meyer, 2011. "Brownfield Acquisitions," Management International Review, Springer, vol. 51(4), pages 483-509, August.
  114. Messa, Alexandre, 2015. "Security design and capital structure of business groups," The Quarterly Review of Economics and Finance, Elsevier, vol. 58(C), pages 163-179.
  115. Vimal Balasubramaniam & John Y. Campbell & Tarun Ramadorai & Benjamin Ranish, 2023. "Who Owns What? A Factor Model for Direct Stockholding," Journal of Finance, American Finance Association, vol. 78(3), pages 1545-1591, June.
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  117. Hegde, Shantaram & Seth, Rama & Vishwanatha, S.R., 2020. "Ownership concentration and stock returns: Evidence from family firms in India," Pacific-Basin Finance Journal, Elsevier, vol. 61(C).
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  121. Benito Arruñada, 2021. "La seguridad jurídica en España. Documento de discusión (versión revisada y comentada)," Studies on the Spanish Economy eee2021-18, FEDEA.
  122. Shahab, Yasir & Hussain, Tanveer & Wang, Peng & Zhong, Ma & Kumar, Satish, 2023. "Business groups and environmental violations: Evidence from China," International Review of Financial Analysis, Elsevier, vol. 85(C).
  123. Hyun Ah Kim & Nam Chul Jung, 2022. "Related Party Transactions and Corporate Social Responsibility: Evidence from Korea," Sustainability, MDPI, vol. 14(12), pages 1-19, June.
  124. Gilson, Ronald J. & Schwartz, Alan, 2015. "Corporate control and credible commitment," International Review of Law and Economics, Elsevier, vol. 43(C), pages 119-130.
  125. Richard W. Carney & Travers Barclay Child, 2015. "Business Networks and Crisis Performance: Professional, Political, and Family Ties," Tinbergen Institute Discussion Papers 15-135/V, Tinbergen Institute, revised 20 Feb 2015.
  126. Overfelt, Wouter Van & Annaert, Jan & Ceuster, Marc De & Deloof, Marc, 2009. "Do universal banks create value? Universal bank affiliation and company performance in Belgium, 1905-1909," Explorations in Economic History, Elsevier, vol. 46(2), pages 253-265, April.
  127. Roy Kouwenberg & Pipat Thontirawong, 2016. "Group affiliation and earnings management of Asian IPO issuers," Review of Quantitative Finance and Accounting, Springer, vol. 47(4), pages 897-917, November.
  128. Back, Yujin & Praveen Parboteeah, K. & Nam, Dae-il, 2014. "Innovation in Emerging Markets: The Role of Management Consulting Firms," Journal of International Management, Elsevier, vol. 20(4), pages 390-405.
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