This thesis explores different aspects of the effect the organization and the level of vertical integration of an organization have on the investment decisions the firm takes and subsequently the effect of such decisions on the performance of the firm. This thesis uses the biopharmaceutical...

This thesis consists of three chapters that broadly investigates, theoretically and empirically, the effect of firm boundaries and organizational processes on internal resource allocation and corporate investment. In the first chapter, I develop an equilibrium model of internal competition for...