Jegers, Marc; Jung, Kooyul; Kim, Byungmo - In: Review of Pacific Basin Financial Markets and Policies … 10 (2007) 03, pp. 341-347
Dependent variables used by Kim, Jung and Kim (2005) to assess the effect of the ownership structure of Korean chaebols on internal funds allocations are a priori misspecified in the context of their research, as they were designed to be applied when studying diversified firms and not groups...