search query: @indexterm incentives / total: 682
reference: 275 / 682
Author: | Boot, A. W. A. Schmeits, A. |
Title: | Market discipline and incentive problems in conglomerate firms with application to banking |
Journal: | Journal of Financial Intermediation
2000 : JUL, VOL. 9:3, p. 240-273 |
Index terms: | Conglomerate companies Incentives Banking |
Language: | eng |
Abstract: | The paper analyzes the optimality of conglomeration. It is shown that the potential benefits of conglomeration depend critically on the effectiveness of market discipline for stand-alone activities. |
SCIMA