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Capital Budgeting in Multidivision Firms: Information, Agency, and Incentives

https://doi.org/10.1093/rfs/hhg050
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What this work says

Outgoing claims: the papers this work cites, builds on, or argues with.

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Capital budgeting and delegation1We thank Bhagwan Chowdhry, Yaniv Grinstein, an anonymous referee, and seminar participants at Columbia, Duke, Hong Kong University of Science and Technology, Indiana, Tel Aviv, Vanderbilt, and the European Finance Association Meetings (Vienna, 1997).1
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Three essays on how firms' strategies affect the performance of subsidiary businesses
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