Affiliated Firms and Financial Support: Evidence from Indian Business Groups

By Radhakrishnan Gopalan, Vikram K. Nanda, Amit Seru. 2007

679 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/e87e2095ac54dda57645a70b87ad0800059b1f4d

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Citations in the corpus

Does Corporate Social Responsibility (CSR) Create Shareholder Value? Evidence from the Indian Companies Act 2013 (2017, neutral): “The Prowess database is widely used by scholars (e.g., Khanna and Palepu 2000; Bertrand, Mehta, and Mullainathan 2002; Gopalan, Nanda, and Seru 2007) to conduct large sample studies on Indian firms.”
Internal Capital Markets in Times of Crisis: The Benefit of Group Affiliation* (2019, positive): “Earlier research demonstrates that internal capital markets become more important during periods of financial market crisis (Matvos and Seru, 2014; Almeida, Kim, and Kim, 2015; Kuppuswamy and Villalonga, 2015), and that diversifying mergers become more common during these periods (Matvos, Seru, and ”
Financing Firms in India (2006, neutral): “37 See Burkart et al. (2003) for a theory on the degree of insider control and the development of legal system, Khanna and Palepu (2000), Khanna and Yafeh (2005), and Gopalan et al. (2007)) for evidence of family firms and business groups in India.”
Do Debt Contract Enforcement Costs Affect Financing and Asset Structure (2014, neutral): “For example, in India, corporate bankruptcies take on average 6 years to resolve, during which time firms enjoy a complete moratorium on all debt payments (Gopalan et al. (2007)).”
The Internal Capital Markets of Business Groups: Evidence from Intra-Group Loans (2014, neutral): “For example, Gopalan, Nanda, and Seru (2007) show that 80% of intragroup loans have no interest obligations in their sample of Indian firms.”
Business groups in China (2013, background): “1 The risk-sharing role of business groups is also discussed in Gopalan et al. (2007) and Marisetty and Subrahmanyam (2010). 2 See Buysschaert et al. (2004), Campbell and Keys (2002), Chang and Choi (1988), Choi and Cowing (1999), Ferris et al.”
Does bankruptcy law improve the fate of distressed firms? The role of credit channels (2020, background): “In this regard, India has been the setting of several studies due to its relatively long period of corporate bankruptcy resolutions during which companies enjoy a complete moratorium on all debt payments (Gopalan et al., 2007).”