Investment Policy, Internal Financing and Ownership Concentration in the UK

By M. Goergen, Luc Renneboog. 2001

235 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/64fa951d574263ca0a28dc03c6fa5ce9da9eb3bb

How researchers see this paper

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In Accounting

1. Sadok El Ghoul
2. Omrane Guedhami
3. Najah Attig
4. Bill Francis
5. Iftekhar Hasan
6. Sean Cleary
7. Maya Waisman
8. Liang Song

In Strategy and Management

1. Sadok El Ghoul
2. Omrane Guedhami
3. Najah Attig
4. Sean Cleary
5. Iftekhar Hasan
6. Bill Francis
7. M. Benlemlih
8. Mohammad Bitar

Citations in the corpus

• Family control and investment–cash flow sensitivity: Empirical evidence from the Euro zone (2011, unknown): “Goergen and Renneboog (2001) analyze the effect of ownership concentration on the investment-cash flow sensitivity in the U.”
• Is Investment-Cash Flow Sensitivity Caused by Agency Costs or Asymmetric Information? Evidence from the UK (2005, unknown): “Recent exceptions include Kathuria and Mueller (1995), Hadlock (1998), and Gugler and Yurtoglu (2003), for the US, Gugler (2003) for Austria, Haid and Weigand (2001) for Germany, Degryse and de Jong (2000) for the Netherlands, Pindado and de la Torre (2004) for Spain, and Goergen and Renneboog (2001”
• Family ownership, financing constraints and investment decisions (2011, unknown): “Similar studies are Kathuria and Mueller (1995) and Gugler and Yurtoglu (2003) for the US, and Goergen and Renneboog (2001) for the UK.”
• Institutional Investment Horizon and Investment-Cash Flow Sensitivity (2012, result): “The negative sign is consistent with the results of Goergen and Renneboog (2001) and Ağca and Mozumdar (2008), while the insignificance of the coefficient on institutional ownership is in line with the findings of Agrawal and Knoeber (1996) and Karpoff et al. (1996), among others.”
• Control Structures and Payout Policy (2007, unknown): “A lack of internally generated funds or an excessively generous payout policy may constrain the investment expenditures of some firms ( Goergen and Renneboog, 2001”
• Corporate governance and investment-cash flow sensitivity: Evidence from emerging markets (2013, background): “…in the U.S. and other developed countries (e.g., Almeida and Campello, 2007; Brown and Petersen, 2009; Cho, 1998; Degryse and de Jong, 2006; Goergen and Renneboog, 2001; Hadlock, 1998; Hovakimian, 2009; Kathuria and Mueller, 1995; queryAgca and Mozumdar, 2008; Schaller, 1993; Shin and…”