RECHERCHE ET PUBLICATIONS
Internal Capital Markets and Managerial Power: Implications for Family Groups
Markus Glaser, Florencio Lopez-de-Silanes, Zacharias Sautner: This paper reports some of the main results of our paper “Opening the Black Box: InternalCapital Markets and Managerial Power, ”Journal of Finance, LXVIII (4), August 2013.
Auteur(s) :
Markus Glaser
Munich School of Management
Florencio Lopez-de-Silanes
EDHEC Business School
Zacharias Sautner
University of Amsterdam
But it also presents additional findings that may be useful for family firms and firms with a large controlling shareholder and whose management structure across branches is similar to that of a classic conglomerate or multi-segment corporation.
| Type : | Working paper |
|---|---|
| Date : | le 28/03/2014 |
| Complément d'informations | For more information, please contact EDHEC Research and Development Department [ research@drd.edhec.edu ] |
| Pôle de recherche | Family Business Centre |
