Why Do Managers Diversify Their Firms? Agency Reconsidered
Top Cited Papers
- 12 February 2003
- journal article
- Published by Wiley in The Journal of Finance
- Vol. 58 (1) , 71-118
- https://doi.org/10.1111/1540-6261.00519
Abstract
No abstract availableKeywords
This publication has 34 references indexed in Scilit:
- Performance Incentives within Firms: The Effect of Managerial ResponsibilityThe Journal of Finance, 2003
- Explaining the Diversification DiscountThe Journal of Finance, 2002
- Are CEOs Rewarded for Luck? The Ones Without Principals AreThe Quarterly Journal of Economics, 2001
- Corporate Governance and Firm DiversificationFinancial Management, 2000
- The Other Side of the Trade‐Off: The Impact of Risk on Executive CompensationJournal of Political Economy, 1999
- Agency Problems, Equity Ownership, and Corporate DiversificationThe Journal of Finance, 1997
- Diversification's effect on firm valueJournal of Financial Economics, 1995
- Corporate focus and stock returnsJournal of Financial Economics, 1995
- Financing Constraints and Corporate InvestmentBrookings Papers on Economic Activity, 1988
- Risk Reduction as a Managerial Motive for Conglomerate MergersThe Bell Journal of Economics, 1981