The effect of bank relations on investment decisions: an investigation of Japanese takeover bids
Article Abstract:
Research indicates that advantages of bank relations are greater for companies with fewer sound investment opportunities when the banking industry is healthy. It is posited that close ties with banks, typically informed creditors, afford companies with improved investment management strategies, which in turn benefit shareholders.
Publication Name: Journal of Finance
Subject: Business
ISSN: 0022-1082
Year: 2000
User Contributions:
Comment about this article or add new information about this topic:
Divestitures and divisional investment policies
Article Abstract:
Studies on business segment divestment by diversified companies indicate that segment investment efficiency improves significantly after divestiture, which is linked to a diversification discount reduction. The diversification discount is also found to be partially attributable to inefficient investment.
Publication Name: Journal of Finance
Subject: Business
ISSN: 0022-1082
Year: 2003
User Contributions:
Comment about this article or add new information about this topic:
CEO Involvement in the Selection of New Board Members: An Empirical Analysis
Article Abstract:
The author examine the selection process of corporate directors. Topics include chief executive officers, internal politics, and selection committees.
Publication Name: Journal of Finance
Subject: Business
ISSN: 0022-1082
Year: 1999
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Interday variations in volume, variance and participation of large speculators. An examination of herd behavior in equity markets: An international perspective
- Abstracts: The information content in bond model residuals: an empirical study on the Belgian bond market. Cross- and delta-hedges: Regression- versus price-based hedge ratios
- Abstracts: The annual report: an exercise in ignorance? An investigation of pricing behavior in the municipal audit market
- Abstracts: Menstrual effects on a VDT-based simulation task: cognitive indices and subjective ratings. Ergonomics strategies and actions for achieving productive use of an aging work-force
- Abstracts: Effects of lensed-indirect and parabolic lighting on the satisfaction, visual health, and productivity of office workers