create a website

The Moderating Effect of the Business Group Affiliation on the Relationship between Debt and Earnings Management: Evidence from Borsa Istanbul. (2024). Gürünlü, Meltem ; Gurunlu, Meltem.
In: Sustainability.
RePEc:gam:jsusta:v:16:y:2024:i:11:p:4620-:d:1404770.

Full description at Econpapers || Download paper

Cited: 0

Citations received by this document

Cites: 55

References cited by this document

Cocites: 50

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

    This document has not been cited yet.

References

References cited by this document

  1. Almeida, H.; Park, S.Y.; Subrahmanyam, M.; Wolfenzon, D. The Structure and Formation of Business Groups: Evidence from Korean Chaebols. J. Financ. Econ. 2011, 99, 447–475. [CrossRef]
    Paper not yet in RePEc: Add citation now

  2. Almeida, H.; Wolfenzon, D. A Theory of Pyramidal Ownership and Family Business Groups. J. Financ. 2006, 61, 2637–2680. Available online: https://www.jstor.org/stable/4123441 (accessed on 3 January 2024). [CrossRef]

  3. Almubarak, W.I.; Chebbi, K.; Ammer, M.A. Unveiling the Connection among ESG, Earnings Management, and Financial Distress: Insights from an Emerging Market. Sustainability 2023, 15, 12348. [CrossRef]

  4. Arellano, M.; Bond, S. Some tests of specification for panel data: Monte Carlo evidence and an application to employment equations. Rev. Econ. Stud. 1991, 58, 277–297. [CrossRef]

  5. Avabruth, S.M.; Padhi, S.K. Earnings management by family firms to meet the debt covenants: Evidence from India. J. Account. Emerg. Econ. 2023, 13, 93–117. [CrossRef] Sustainability 2024, 16, 4620 17 of 17
    Paper not yet in RePEc: Add citation now

  6. Ball, R.; Shivakumar, L. Earnings quality at initial public offerings. J. Account. Econ. 2008, 45, 324–349. [CrossRef]

  7. Baum, C.; Schaffer, M.; Stillman, S. Instrumental Variables and GMM: Estimation and Testing; Boston College Working Papers in Economics, No 545; Boston College Department of Economics: Chestnut Hill, MA, USA, 2005. Available online: https: //econpapers.repec.org/paper/bocbocoec/545.htm (accessed on 3 January 2024).
    Paper not yet in RePEc: Add citation now
  8. Beatty, A.; Weber, J. The Effects of Debt Contracting on Voluntary Accounting Method Changes. Account. Rev. 2003, 78, 119–142. Available online: https://www.jstor.org/stable/3203298 (accessed on 3 January 2024). [CrossRef]
    Paper not yet in RePEc: Add citation now
  9. Boateng, A.; Huang, W. Multiple Large Shareholders, Excess Leverage and Tunneling: Evidence from an Emerging Market. Corp. Gov. Int. Rev. 2016, 25, 58–74. [CrossRef]
    Paper not yet in RePEc: Add citation now

  10. Bozec, Y.; Laurin, C. Large shareholder entrenchment and performance: Empirical evidence from Canada. J. Bus. Financ. Account. 2008, 35, 25–49. [CrossRef]

  11. Buchuk, D.; Larrain, B.; Muñoz, F.; Urzúa, F. The internal capital markets of business groups: Evidence from intra-group loans. J. Financ. Econ. 2014, 112, 190–212. [CrossRef]
    Paper not yet in RePEc: Add citation now

  12. Chen, I.J. Corporate governance, and the efficiency of internal capital market. Rev. Pacific Basin Financ. Mark. Policies 2016, 19,

  13. Claessens, S.; Djankov, S.; Fan, J.; Lang, L. Disentangling the incentive and entrenchment effects of large shareholders. J. Financ. 2002, 57, 2741–2771. Available online: https://www.jstor.org/stable/3094542 (accessed on 3 January 2024). [CrossRef]

  14. Da Wang, H.; Lin, C.J. Debt Financing and Earnings Management: An Internal Capital Market Perspective. J. Bus. Financ. Account. 2013, 40, 842–868. [CrossRef]
    Paper not yet in RePEc: Add citation now
  15. DeAngelo, L.E. Accounting Numbers as Market Valuation Substitutes: A Study of Management Buyouts of Public Stockholders. Account. Rev. 1986, 61, 400–420. Available online: https://www.jstor.org/stable/247149 (accessed on 3 January 2024).
    Paper not yet in RePEc: Add citation now
  16. Dechow, P.M.; Ge, W.; Schrand, C.M. Understanding Earnings Quality: A Review of the Proxies, Their Determinants and Their Consequences. J. Account. Econ. 2010, 50, 344–401. [CrossRef]
    Paper not yet in RePEc: Add citation now

  17. DeFond, M.L.; Jiambalvo, J. Debt covenant violation and manipulation of accruals. J. Account. Econ. 1994, 17, 145–176. [CrossRef]

  18. DeFond, M.L.; Subramanyam, K.R. Auditor Changes and Discretionary Accruals. J. Account. Econ. 1998, 25, 35–67. [CrossRef]

  19. Friedman, E.; Johnson, S.; Mitton, T. Propping or Tunneling. J. Comp. Econ. 2003, 31, 732–750. [CrossRef]

  20. Gonenc, H.; Kan, O.; Karadagli, H. Business Groups and Internal Capital Markets. Emerg. Mark. Financ. Trade 2007, 43, 63–81. Available online: https://www.jstor.org/stable/27750542 (accessed on 3 January 2024). [CrossRef]

  21. Gopalan, R.; Nanda, V.; Seru, A. Affiliated firms and financial support: Evidence from Indian business groups. J. Financ. Econ. 2007, 86, 759–795. [CrossRef]

  22. Gurunlu, M. Propping in the Pyramidal Business Groups in Turkey. J. Corp. Account. Financ. 2018, 29, 114–126. [CrossRef]
    Paper not yet in RePEc: Add citation now

  23. Healy, P.M. The Effect of Bonus Schemes on Accounting Decisions. J. Account. Econ. 1985, 7, 85–107. [CrossRef]

  24. Healy, P.M.; Wahlen, J.M. A Review of the Earnings Management Literature and Its Implications for Standard Setting. Account. Horiz. 1999, 13, 365–383. [CrossRef]
    Paper not yet in RePEc: Add citation now
  25. Hsiao, C. Benefits and Limitations of Panel Data. Econom. Rev. 1985, 4, 121–174. [CrossRef]
    Paper not yet in RePEc: Add citation now
  26. Hughes, P. Corporate value, ultimate control, and law protection for investors in Western Europe. Manag. Account. Res. 2009, 20, 41–52. [CrossRef]
    Paper not yet in RePEc: Add citation now
  27. Jaggi, B.; Lee, P. Earnings Management Response to Debt Covenant Violations and Debt Restructuring. J. Account. Audit. Financ. 2002, 17, 295–324. [CrossRef]
    Paper not yet in RePEc: Add citation now
  28. Jha, A. Earnings Management around Debt-Covenant Violations: An Empirical Investigation Using a Large Sample of Quarterly Data. J. Account. Audit. Financ. 2013, 28, 369–396. [CrossRef]
    Paper not yet in RePEc: Add citation now

  29. Jones, J.J. Earnings Management During Import Relief Investigations. J. Account. Res. 1991, 29, 193–228. [CrossRef]

  30. Kali, R.; Sarkar, J. Diversification and tunneling: Evidence from Indian business groups. J. Comp. Econ. 2011, 39, 349–367. [CrossRef]
    Paper not yet in RePEc: Add citation now
  31. Khanna, T.; Palepu, K. Is Group Affiliation Profitable in Emerging Markets? An Analysis of Diversified Indian Business Groups. J. Financ. 2000, 55, 867–891. Available online: https://www.jstor.org/stable/222525 (accessed on 3 January 2024). [CrossRef]
    Paper not yet in RePEc: Add citation now
  32. Khanna, T.; Yafeh, Y. Business Groups in Emerging Markets: Paragons or Parasites? J. Econ. Lit. 2007, 45, 331–372. Available online: https://www.jstor.org/stable/27646796 (accessed on 3 January 2024). [CrossRef]
    Paper not yet in RePEc: Add citation now
  33. Kim, Y.; Park, M.S.; Wier, B. Is earnings quality associated with corporate social responsibility? Account. Rev. 2012, 87, 761–796. [CrossRef]
    Paper not yet in RePEc: Add citation now

  34. Kothari, S.P.; Leone, A.J.; Wasley, C.E. Performance matched discretionary accrual measures. J. Account. Econ. 2005, 39, 163–197. [CrossRef]

  35. Lazzem, S.; Jilani, F. The impact of leverage on accrual-based earnings management: The case of listed French firms. Res. Int. Bus. Financ. 2018, 44, 350–358. [CrossRef] Disclaimer/Publisher’s Note: The statements, opinions and data contained in all publications are solely those of the individual author(s) and contributor(s) and not of MDPI and/or the editor(s). MDPI and/or the editor(s) disclaim responsibility for any injury to people or property resulting from any ideas, methods, instructions or products referred to in the content.
    Paper not yet in RePEc: Add citation now
  36. Masulis, R.; Pham, P.; Zein, J. Family Business Groups around the World: Financing Advantages, Control Motivations and Organizational Choices. Rev. Financ. Stud. 2011, 24, 3556–3600. [CrossRef]
    Paper not yet in RePEc: Add citation now

  37. Mindzak, J.; Zeng, T. The impact of pyramid ownership on earnings management. Asian Rev. Account. 2018, 26, 208–224. [CrossRef]

  38. Morck, R.; Wolfenzon, D.; Yeung, B. Corporate governance, economic entrenchment, and growth. J. Econ. Lit. 2005, 43, 655–720. Available online: https://www.jstor.org/stable/4129473 (accessed on 3 January 2024). [CrossRef]
    Paper not yet in RePEc: Add citation now

  39. Muttakin, M.B.; Khan, A.; Azim, M.I. Corporate social responsibility disclosures and earnings quality: Are they a reflection of managers’ opportunistic behavior? Manag. Audit. J. 2015, 30, 277–298. [CrossRef]

  40. Othman, H.B.; Zeghal, D. A study of earnings-management motives in the Anglo-American and Euro-Continental accounting models: The Canadian and French cases. Int. J. Account. 2006, 41, 406–435. [CrossRef]

  41. Park, S.B.; Kim, S.K.; Lee, S. Earnings Management of Insolvent Firms, and the Prediction of Corporate Defaults via Discretionary Accruals. Int. J. Financ. Stud. 2021, 9, 17. [CrossRef]
    Paper not yet in RePEc: Add citation now
  42. Pérez, G.R.; Van Hemmen, S. Debt, diversification and earnings management. J. Account. Public Policy 2010, 29, 138–159. [CrossRef]
    Paper not yet in RePEc: Add citation now

  43. Poczter, S. Business Groups in Emerging Markets: A Survey and Analysis. Emerg. Mark. Financ. Trade 2018, 54, 1150–1182. [CrossRef]

  44. Press, E.G.; Weintrop, J.B. Accounting-based constraints in public and private debt agreements: Their association with leverage and impact on accounting choice. J. Account. Econ. 1990, 12, 65–95. [CrossRef]

  45. Reynolds, J.K.; Francis, J.R. Does size matter? The influence of large clients on office-level auditor reporting decisions. J. Account. Econ. 2020, 30, 375–400. [CrossRef]
    Paper not yet in RePEc: Add citation now

  46. Riyanto, Y.; Toolsema, L.A. Tunneling and propping: A justification for pyramidal ownership. J. Bank. Financ. 2008, 32, 2178–2187. [CrossRef]

  47. Roychowdhury, S. Earnings management through real activities manipulation. J. Account. Econ. 2006, 42, 335–370. [CrossRef]

  48. Sautner, Z.; Villalonga, B. Corporate Governance and Internal Capital Markets; Harvard Business School Finance Working Paper No. 1530565; AFA 2011 Denver Meetings Paper; Harvard Business School: Boston, MA, USA, 2010. [CrossRef]
    Paper not yet in RePEc: Add citation now
  49. Sercu, P.; Vander Bauwhede, H.; Willekens, M. Earnings Management and Debt; Leuven University Working Paper AFI 0619; Leuven University: Leuven, Belgium, 2006. Available online: https://lirias.kuleuven.be/retrieve/21190 (accessed on 3 January 2024).
    Paper not yet in RePEc: Add citation now

  50. Shaikh, R.; Fei, G.; Shaique, M.; Nazir, M.R. Control-Enhancing Mechanisms and Earnings Management: Empirical Evidence from Pakistan. J. Risk Financ. Manag. 2019, 12, 130. [CrossRef]

  51. Sweeney, A.P. Debt-covenant violations, and managers’ accounting responses. J. Account. Econ. 1994, 17, 281–308. [CrossRef]

  52. Ugurlu, M.; Selçuk, E.A.; Yolmaz, A.A. Corporate financial constraints and internal capital markets: Evidence from emerging market countries. Account. Financ. Res. 2017, 6, 1–25. [CrossRef]
    Paper not yet in RePEc: Add citation now

  53. Wang, D. Founding family ownership and earnings quality. J. Account. Res. 2006, 44, 619–656. [CrossRef]

  54. Watts, R.L.; Zimmerman, J.L. Positive accounting theory: A ten-year perspective. Account. Rev. 1990, 65, 131–156. Available online: https://www.jstor.org/stable/247880 (accessed on 3 January 2024).
    Paper not yet in RePEc: Add citation now
  55. Zhang, Y.; Konari, U.; Dong, L. External financing and earnings management: Evidence from international data. Res. Int. Bus. Financ. 2020, 54, 101275. [CrossRef]
    Paper not yet in RePEc: Add citation now

Cocites

Documents in RePEc which have cited the same bibliography

  1. Financing constraints and the cost of equity: Evidence on the moral hazard of the controlling shareholder. (2015). Luo, QI ; Li, Hui ; Zhang, Biao.
    In: International Review of Economics & Finance.
    RePEc:eee:reveco:v:36:y:2015:i:c:p:99-106.

    Full description at Econpapers || Download paper

  2. State Capitalism vs. Private Enterprise. (2015). Zhou, Mingming ; Ljungqvist, Alexander ; Lu, Haitian ; Chen, Donghua ; Jiang, Dequan.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:10423.

    Full description at Econpapers || Download paper

  3. Business Groups as Hierarchies of Firms: Determinants of Vertical Integration and Performance. (2013). Rungi, Armando ; Altomonte, Carlo.
    In: Working Papers.
    RePEc:fem:femwpa:2013.33.

    Full description at Econpapers || Download paper

  4. The determinants of director remuneration, executive tenure and individual executive disclosure in North African IPO firms. (2013). Hearn, Bruce.
    In: Research in International Business and Finance.
    RePEc:eee:riibaf:v:27:y:2013:i:1:p:162-182.

    Full description at Econpapers || Download paper

  5. Does capital structure depend on group affiliation? An analysis of Indian firms. (2013). Chakraborty, Indrani.
    In: Journal of Policy Modeling.
    RePEc:eee:jpolmo:v:35:y:2013:i:1:p:110-120.

    Full description at Econpapers || Download paper

  6. Family firms and debt: Risk aversion versus risk of losing control. (2013). Pombo, Carlos ; González, Maximiliano ; Gonzalez, Maximiliano ; Trujillo, Maria-Andrea ; Guzman, Alexander.
    In: Journal of Business Research.
    RePEc:eee:jbrese:v:66:y:2013:i:11:p:2308-2320.

    Full description at Econpapers || Download paper

  7. Firm level governance and institutional determinants of liquidity: Evidence from Sub Saharan Africa. (2013). Piesse, Jenifer ; Hearn, Bruce.
    In: International Review of Financial Analysis.
    RePEc:eee:finana:v:28:y:2013:i:c:p:93-111.

    Full description at Econpapers || Download paper

  8. Ultimate Ownership Structure and Bank Regulatory Capital Adjustment: Evidence from European Commercial Banks. (2012). TARAZI, Amine ; saghi-zedek, nadia ; Lepetit, Laetitia.
    In: Working Papers.
    RePEc:hal:wpaper:hal-00918579.

    Full description at Econpapers || Download paper

  9. Bank Regulatory Capital Adjustment and Ultimate Ownership Structure: Evidence from European Commercial Banks. (2012). TARAZI, Amine ; saghi-zedek, nadia ; Lepetit, Laetitia.
    In: Working Papers.
    RePEc:hal:wpaper:hal-00918577.

    Full description at Econpapers || Download paper

  10. Dividends and strength of Japanese business group affiliation. (2012). Aggarwal, Raj ; Dow, Sandra M..
    In: Journal of Economics and Business.
    RePEc:eee:jebusi:v:64:y:2012:i:3:p:214-230.

    Full description at Econpapers || Download paper

  11. Towards a better understanding of Family Business Groups and their key dimensions. (2012). Cacia, Claudia ; della Piana, Bice ; Vecchi, Alessandra.
    In: Journal of Family Business Strategy.
    RePEc:eee:fambus:v:3:y:2012:i:3:p:174-192.

    Full description at Econpapers || Download paper

  12. Firm family firms: Current debates of corporate governance in family firms. (2012). Crespi-Cladera, Rafel ; Aguilera, Ruth V..
    In: Journal of Family Business Strategy.
    RePEc:eee:fambus:v:3:y:2012:i:2:p:66-69.

    Full description at Econpapers || Download paper

  13. Family firms and financial performance: The cost of growing. (2012). Pombo, Carlos ; González, Maximiliano ; Gonzalez, Maximiliano ; Trujillo, Maria-Andrea ; Guzman, Alexander.
    In: Emerging Markets Review.
    RePEc:eee:ememar:v:13:y:2012:i:4:p:626-649.

    Full description at Econpapers || Download paper

  14. Does ownership concentration improve M&A outcomes in emerging markets?. (2012). Selarka, Ekta ; Bhaumik, Sumon.
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:18:y:2012:i:4:p:717-726.

    Full description at Econpapers || Download paper

  15. Firm size and unrelated diversification. An empirical test on the ‘survivalist hypothesis’. (2012). Guzzini, Enrico ; Iacobucci, Donato.
    In: Working Papers.
    RePEc:cme:wpaper:1207.

    Full description at Econpapers || Download paper

  16. Business group affiliation and R&D propensity. (2012). Iacobucci, Donato ; Guzzini, Enrico.
    In: Working Papers.
    RePEc:cme:wpaper:1203.

    Full description at Econpapers || Download paper

  17. Corporate Governance in Emerging Markets : Why It Matters to Investors—and What They Can Do About It. (2011). Ararat, Melsa ; Dallas, George .
    In: World Bank Publications - Reports.
    RePEc:wbk:wboper:11071.

    Full description at Econpapers || Download paper

  18. Rozsah integrovaného státního vlastnictví a vliv firemní kontroly na výkonnost českých podniků. (2011). Kočenda, Evžen ; Hanousek, Jan ; Koenda, Even.
    In: Politická ekonomie.
    RePEc:prg:jnlpol:v:2011:y:2011:i:1:id:773:p:82-104.

    Full description at Econpapers || Download paper

  19. Dividends and tunneling: evidence from family firms in China. (2011). Feng, Xunan ; Feng Xu'nan, .
    In: China Finance Review International.
    RePEc:eme:cfripp:v:1:y:2011:i:2:p:152-167.

    Full description at Econpapers || Download paper

  20. Do corporate governance mechanisms matter for cash holdings and firm value?. (2011). Kusnadi, Yuanto.
    In: Pacific-Basin Finance Journal.
    RePEc:eee:pacfin:v:19:y:2011:i:5:p:554-570.

    Full description at Econpapers || Download paper

  21. Banking system control, capital allocation, and economy performance. (2011). Morck, Randall ; Yavuz, Deniz M. ; Yeung, Bernard.
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:100:y:2011:i:2:p:264-283.

    Full description at Econpapers || Download paper

  22. Diversification and tunneling: Evidence from Indian business groups. (2011). Kali, Raja ; Sarkar, Jayati.
    In: Journal of Comparative Economics.
    RePEc:eee:jcecon:v:39:y:2011:i:3:p:349-367.

    Full description at Econpapers || Download paper

  23. Ownership, control, and pyramids in Spanish commercial banks. (2011). Azofra, Valentin ; Santamaria, Marcos .
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:35:y:2011:i:6:p:1464-1476.

    Full description at Econpapers || Download paper

  24. Small business groups enhance performance and promote stability, not expropriation. Evidence from French SMEs. (2011). Hamelin, Anaïs.
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:35:y:2011:i:3:p:613-626.

    Full description at Econpapers || Download paper

  25. Control-ownership wedge and investment sensitivity to stock price. (2011). Jiang, LI ; Pang, Lei ; Kim, Jeong-Bon.
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:35:y:2011:i:11:p:2856-2867.

    Full description at Econpapers || Download paper

  26. Corporate financial and investment policies when future financing is not frictionless. (2011). Weisbach, Michael ; Campello, Murillo ; Almeida, Heitor.
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:17:y:2011:i:3:p:675-693.

    Full description at Econpapers || Download paper

  27. Rent-seeking incentives, corporate political connections, and the control structure of private firms: Chinese evidence. (2011). su, xijia ; Sun, Zheng ; Li, Zengquan ; Chen, Charles J. P., .
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:17:y:2011:i:2:p:229-243.

    Full description at Econpapers || Download paper

  28. Is there tunneling in Small Business Groups? Evidence from French SMEs.. (2010). Hamelin, Anaïs.
    In: Working Papers CEB.
    RePEc:sol:wpaper:10-003.

    Full description at Econpapers || Download paper

  29. South Korean Chaebols and Value-Based Management. (2010). Moskalev, Sviatoslav ; Park, Seung .
    In: Journal of Business Ethics.
    RePEc:kap:jbuset:v:92:y:2010:i:1:p:49-62.

    Full description at Econpapers || Download paper

  30. Disentangling the driving force of pyramidal firms capital structure: a new perspective. (2010). Bany-Ariffin, A. N..
    In: Studies in Economics and Finance.
    RePEc:eme:sefpps:v:27:y:2010:i:3:p:195-210.

    Full description at Econpapers || Download paper

  31. Capital structure in an emerging stock market: The case of India. (2010). Chakraborty, Indrani.
    In: Research in International Business and Finance.
    RePEc:eee:riibaf:v:24:y:2010:i:3:p:295-314.

    Full description at Econpapers || Download paper

  32. Understanding the behavior of business groups: A dynamic model and empirical analysis. (2010). Lee, Keun ; Cheong, Kwang Soo ; Choo, Kineung.
    In: Journal of Economic Behavior & Organization.
    RePEc:eee:jeborg:v:76:y:2010:i:2:p:141-152.

    Full description at Econpapers || Download paper

  33. Excess control rights and corporate acquisitions. (2010). Belot, Franois.
    In: Economics Papers from University Paris Dauphine.
    RePEc:dau:papers:123456789/5922.

    Full description at Econpapers || Download paper

  34. Mandatory Disclosure and Operational Risk: Evidence from Hedge Fund Registration. (2009). Goetzmann, William ; Schwarz, Christopher ; Liang, Bing.
    In: Yale School of Management Working Papers.
    RePEc:ysm:somwrk:amz2472.

    Full description at Econpapers || Download paper

  35. Corporate governance and pay for performance: evidence from Germany. (2009). Weichenrieder, Alfons ; Edwards, Jeremy ; Eggert, Wolfgang.
    In: Economics of Governance.
    RePEc:spr:ecogov:v:10:y:2009:i:1:p:1-26.

    Full description at Econpapers || Download paper

  36. Control Rights, Pyramids, and the Measurement of Ownership Concentration. (2009). Weichenrieder, Alfons ; Edwards, Jeremy.
    In: MPRA Paper.
    RePEc:pra:mprapa:13830.

    Full description at Econpapers || Download paper

  37. The Structure and Formation of Business Groups: Evidence from Korean Chaebols. (2009). Park, Sang Yong ; Subrahmanyam, Marti ; Almeida, Heitor ; Wolfenzon, Daniel.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:14983.

    Full description at Econpapers || Download paper

  38. The Riddle of the Great Pyramids. (2009). Morck, Randall.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:14858.

    Full description at Econpapers || Download paper

  39. How do business group firms utilize internal capital markets?. (2009). Gonenc, Halit.
    In: International Journal of Managerial Finance.
    RePEc:eme:ijmfpp:v:5:y:2009:i:4:p:360-375.

    Full description at Econpapers || Download paper

  40. Control rights, pyramids, and the measurement of ownership concentration. (2009). Weichenrieder, Alfons ; Edwards, Jeremy ; Edwards, Jeremy S. S., .
    In: Journal of Economic Behavior & Organization.
    RePEc:eee:jeborg:v:72:y:2009:i:1:p:489-508.

    Full description at Econpapers || Download paper

  41. State Ownership and Control in the Czech Republic. (2009). Kočenda, Evžen ; Hanousek, Jan ; Kocenda, Even.
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_2801.

    Full description at Econpapers || Download paper

  42. Propping: Evidence from new share issues of Turkish business group firms. (2008). Hermes, Niels ; Gonenc, Halit.
    In: Journal of Multinational Financial Management.
    RePEc:eee:mulfin:v:18:y:2008:i:3:p:261-275.

    Full description at Econpapers || Download paper

  43. The determinants of the voting premium in Italy: The evidence from 1974 to 2003. (2008). Caprio, Lorenzo ; Croci, Ettore.
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:32:y:2008:i:11:p:2433-2443.

    Full description at Econpapers || Download paper

  44. Tunneling and propping: A justification for pyramidal ownership. (2008). Riyanto, Yohanes ; Toolsema, Linda A..
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:32:y:2008:i:10:p:2178-2187.

    Full description at Econpapers || Download paper

  45. Multiple large shareholders, control contests, and implied cost of equity. (2008). Mishra, Dev ; Guedhami, Omrane ; Attig, Najah.
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:14:y:2008:i:5:p:721-737.

    Full description at Econpapers || Download paper

  46. Innovation in Business Groups. (2007). Berkovitz, Tomer ; Belenzon, Sharon.
    In: Economics Series Working Papers.
    RePEc:oxf:wpaper:368.

    Full description at Econpapers || Download paper

  47. Investor protection and the Coasian view. (2007). Bergman, Nittai K. ; Nicolaievsky, Daniel.
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:84:y:2007:i:3:p:738-771.

    Full description at Econpapers || Download paper

  48. Leverage and business groups: Evidence from Indian firms. (2007). Green, Christopher ; Murinde, Victor ; Manos, Ronny.
    In: Journal of Economics and Business.
    RePEc:eee:jebusi:v:59:y:2007:i:5:p:443-465.

    Full description at Econpapers || Download paper

  49. Hedge funds, insiders, and the decoupling of economic and voting ownership: Empty voting and hidden (morphable) ownership. (2007). Black, Bernard ; Hu, Henry T. C., .
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:13:y:2007:i:2-3:p:343-367.

    Full description at Econpapers || Download paper

  50. Innovation in Business Groups. (2007). Berkovitz, Tomer ; Belenzon, Sharon.
    In: CEP Discussion Papers.
    RePEc:cep:cepdps:dp0833.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-09-29 00:35:40 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Last updated August, 3 2024. Contact: Jose Manuel Barrueco.