Managerial Agency Costs of Socialistic Internal Capital Markets: Empirical Evidence from China

Jiwei Wang; Kangtao Ye

doi:10.1111/jifm.12014

Managerial Agency Costs of Socialistic Internal Capital Markets: Empirical Evidence from China

Journal of International Financial Management and Accounting ◽

10.1111/jifm.12014 ◽

2014 ◽

Vol 25 (1) ◽

pp. 1-37 ◽

Cited By ~ 6

Author(s):

Jiwei Wang ◽

Kangtao Ye

Keyword(s):

Empirical Evidence ◽

Capital Markets ◽

Agency Costs ◽

Internal Capital Markets ◽

Internal Capital ◽

Managerial Agency

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Agency costs of free cash flow, internal capital markets and unrelated diversification

Review of Managerial Science ◽

10.1007/s11846-013-0098-0 ◽

2013 ◽

Vol 8 (2) ◽

pp. 145-174 ◽

Cited By ~ 5

Author(s):

Raffaele Staglianò ◽

Maurizio La Rocca ◽

Tiziana La Rocca

Keyword(s):

Cash Flow ◽

Capital Markets ◽

Agency Costs ◽

Free Cash Flow ◽

Internal Capital Markets ◽

Unrelated Diversification ◽

Internal Capital

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Diversification and the Value of Internal Capital Markets: The Case of Tracking Stock

CFA Digest ◽

10.2469/dig.v31.n2.856 ◽

2001 ◽

Vol 31 (2) ◽

pp. 14-15

Author(s):

Stephen M. Horan

Keyword(s):

Capital Markets ◽

Internal Capital Markets ◽

Internal Capital ◽

Tracking Stock

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Learning about Internal Capital Markets from Corporate Spin-Offs

CFA Digest ◽

10.2469/dig.v33.n2.1254 ◽

2003 ◽

Vol 33 (2) ◽

pp. 9-10

Author(s):

Ann C. Logue

Keyword(s):

Capital Markets ◽

Internal Capital Markets ◽

Internal Capital

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The Trade-Off Between Ex-Post and Ex-Ante Efficient Capital Allocation in Internal Capital Markets and Organizational Form

SSRN Electronic Journal ◽

10.2139/ssrn.1032544 ◽

2007 ◽

Author(s):

Jason Sturgess

Keyword(s):

Capital Markets ◽

Organizational Form ◽

Capital Allocation ◽

Internal Capital Markets ◽

Trade Off ◽

Ex Post ◽

Ex Ante ◽

Internal Capital

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A Clinical Exploration of Value Creation and Destruction in Acquisitions: Organization Design, Incentives, and Internal Capital Markets

SSRN Electronic Journal ◽

10.2139/ssrn.10995 ◽

1997 ◽

Author(s):

Steven N. Kaplan ◽

Mark L. Mitchell ◽

Karen H. Wruck

Keyword(s):

Capital Markets ◽

Value Creation ◽

Organization Design ◽

Internal Capital Markets ◽

Internal Capital

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Cost of Capital, Hurdle Rate, and Default Probability: A Robust Model of Internal Capital Markets

SSRN Electronic Journal ◽

10.2139/ssrn.1350575 ◽

2009 ◽

Author(s):

Andrew Yim

Keyword(s):

Capital Markets ◽

Cost Of Capital ◽

Default Probability ◽

Internal Capital Markets ◽

Robust Model ◽

Internal Capital ◽

Hurdle Rate

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Adoptions and Eliminations of Economic Profit Plans and Internal Capital Markets Efficiency

SSRN Electronic Journal ◽

10.2139/ssrn.2227224 ◽

2013 ◽

Author(s):

Dobrina Georgieva ◽

Tomas Jandik ◽

Anil K. Makhija

Keyword(s):

Capital Markets ◽

Internal Capital Markets ◽

Economic Profit ◽

Internal Capital

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Internal Information Asymmetry, Internal Capital Markets, and Firm Value

SSRN Electronic Journal ◽

10.2139/ssrn.2314615 ◽

2013 ◽

Cited By ~ 2

Author(s):

Matthew T. Billett ◽

Chen Chen ◽

Xiumin Martin ◽

Xin Wang

Keyword(s):

Information Asymmetry ◽

Capital Markets ◽

Firm Value ◽

Internal Capital Markets ◽

Internal Capital ◽

Internal Information

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The Two Faces of Cross-Border Banking Flows: An Investigation into the Links between Global Risk, Arms-Length Funding and Internal Capital Markets

SSRN Electronic Journal ◽

10.2139/ssrn.2428185 ◽

2014 ◽

Cited By ~ 4

Author(s):

Dennis Reinhardt ◽

Steven J. Riddiough

Keyword(s):

Capital Markets ◽

Internal Capital Markets ◽

Global Risk ◽

Cross Border ◽

Internal Capital

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Bankss Internal Capital Markets and Deposit Rates

SSRN Electronic Journal ◽

10.2139/ssrn.2646840 ◽

2015 ◽

Author(s):

Itzhak Ben-David ◽

Ajay A. Palvia ◽

Chester S. Spatt

Keyword(s):

Capital Markets ◽

Internal Capital Markets ◽

Internal Capital

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