Divisional Managers and Internal Capital Markets

Material TypeArticleLanguageEnglish
TitleDivisional Managers and Internal Capital Markets Author(S)RAN DUCHIN (Author)
Abstract  Using hand-collected data on divisional managers at S&P 500 firms, we study their role in internal capital budgeting. Divisional managers with social connections to the CEO receive more capital. ...PaginationP387-430
SubjectEconomicsDescriptorsEconomics Finance
Journal TitleThe Journal of Finance  
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