Showing 1 - 10 of 315
When external capital markets are stressed they may not reallocate resources between firms. We show that resource allocation within firms' internal capital markets provides an important force countervailing financial market dislocation. Using data on US conglomerates we empirically verify that...
Persistent link: https://www.econbiz.de/10012460940
supervision in every country in the world. The paper concludes by identifying reforms that would improve incentives by increasing … transparency and accountability in government and industry alike. "--World Bank web site …
Persistent link: https://www.econbiz.de/10003771166
Persistent link: https://www.econbiz.de/10003771215
risky, which is consistent with the demise of the U.S. investment banking sector. "--World Bank web site …
Persistent link: https://www.econbiz.de/10003821072
Persistent link: https://www.econbiz.de/10003917007
Persistent link: https://www.econbiz.de/10003918417
Persistent link: https://www.econbiz.de/10008662210
Persistent link: https://www.econbiz.de/10008664962
Persistent link: https://www.econbiz.de/10008665610
Persistent link: https://www.econbiz.de/10003950184