search query: @author Billett, M.T. / total: 2
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| Author: | Billett, M.T. Mauer, D.C. |
| Title: | Diversification and the value of internal capital markets: the case of tracking stock |
| Journal: | Journal of Banking and Finance
2000 : SEP, VOL. 24:9, p. 1457-1490 |
| Index terms: | Capital markets Stocks Diversification |
| Language: | eng |
| Abstract: | The paper examines the characteristics of firms adopting tracking stock equity structures. Tracking stock anouncements offer a unique opportunity to directly observe the maarket's assessment of the value of a diversified firm's internal capital market. |
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