The Effects Of Losing Business Group Affiliation
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We propose a novel identification strategy for estimating the effects of business group affiliation. We study two-firm business groups, some of which split up d
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Emerging markets like India have poorly functioning institutions, leading to severe agency and information problems. Business groups in these markets have the p
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Using an integration of agency theory with an institutional perspective, we investigate how business group affiliation, with-in firm governance and external gov
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This volume aims to explore the evolution of large enterprises in today's developed economies in the West. It focuses on the economic institution of the busines