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Adoptions and Eliminations of Economic Profit Plans and Internal Capital Markets Efficiency
Jandik, Dobrina Georgieva - 2013
Internal capital markets of diversified firms have been associated with inefficient allocation of investment funds across divisions, leading to value losses. Utilizing a sample of diversified firms that adopted or eliminated Economic Profit Plans (EPPs) between 1990 and 2009, we show that...
Persistent link: https://www.econbiz.de/10013085863
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International corporate governance
John, Kose (ed.); Makhija, Anil K. (ed.);  … - 2015
Persistent link: https://www.econbiz.de/10011452401
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Innovations in investments and corporate finance
Hirschey, Mark (contributor); John, Kose (contributor);  … - 2002
Persistent link: https://www.econbiz.de/10001696965
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Innovations in investments and corporate finance
Makhija, Anil K. (contributor); Hirschey, Mark (contributor) - 2002
experimental study of discount rates, an analysis of issues related to the estimation of internal cash flows, corporate payout …
Persistent link: https://www.econbiz.de/10009631431