Evidence on the Dark Side of Internal Capital Markets

By O. Ozbas, D. Scharfstein. 2010

316 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics

View Paper: https://www.semanticscholar.org/paper/0ffeedbe4ee689711d264b68ba1092dd4cae5217

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. David Bardolet
2. Craig R. Fox
3. Dan Lovallo

In Economics and Econometrics

1. David Bardolet
2. Craig R. Fox
3. Dan Lovallo

Citations in the corpus

• Capital Allocation and Delegation of Decision-Making Authority within Firms (2014, unknown): “3 For related papers, see also Baker, Gibbons, and Murphy (1999), Mookherjee (2006), Alonso and Matouschek (2007), Rajan and Wulf (2006), Alonso, Dessein, and Matouschek (2008), and Rantakari (2008).”
• Do Acquisitions Relieve Target Firms’ Financial Constraints? (2013, unknown): “Scharfstein and Stein (2000) present a model in which combining firms can create inefficient rent-seeking, and Ozbas and Scharfstein (2010) provide empirical support for this notion.”
• Corporate capital allocation: a behavioral perspective (2011, methodology): “Second, there is a positive effect of Tobin’s Q on business unit investment, a result that is consistent with previous studies that explore this relationship (e.g., Ozbas and Scharfstein, 2010).”