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What do internal capital markets do? Redistribution vs incentives
Gautier, Axel; Heider, Florian - 2001
In this paper we explain the apparent ''diversification discount'' of conglomerates without assuming inefficient-cross subsidisation through internal capital markets. Instead we assume that an internal capital market efficiently redistributes scare resources across a conglomerate's divisions...
Persistent link: https://www.econbiz.de/10011608838
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The Benefit and Cost of Winner Picking: Redistribution Vs Incentives
Gautier, Axel; Heider, Florian - 2002
The Benefit and Cost of Winner Picking: Redistribution Vs Incentives
Persistent link: https://www.econbiz.de/10010263075
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The benefit and cost of winner-picking : redistribution versus incentives
Gautier, Axel; Heider, Florian - In: Journal of institutional and theoretical economics : JITE 165 (2009) 4, pp. 622-649
Persistent link: https://www.econbiz.de/10003910508
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The benefit and cost of winner picking : redistribution vs incentives
Gautier, Axel (contributor); Heider, Florian (contributor) - 2002 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001828708
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What do internal capital markets do? : Redistribution vs. incentives
Gautier, Axel; Heider, Florian - 2001
Persistent link: https://www.econbiz.de/10001599304
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What do internal capital markets do? : Redistribution vs. incentives
Gautier, Axel (contributor); Heider, Florian (contributor) - 2001 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001700022
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What do internal capital markets do? : Redistribution vs. incentives
Gautier, Axel; Heider, Florian - 2002
Persistent link: https://www.econbiz.de/10001710120
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What do internal capital markets do? : Redistribution vs incentives
Gautier, Axel; Heider, Florian - 2001
Persistent link: https://www.econbiz.de/10001633979