Market valuation of corporate diversification in the presence of internal capital markets in emerging countries
This study examines the valuation of corporate diversification in three emerging countries: Thailand, Indonesia and the Philippines. Over the period of study (1992-2001 for Thailand and 1994-2001 for Indonesia and the Philippines), it is found that there is evidence of diversification discount in al...
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| Formatua: | Electronic Resource |
| Hizkuntza: | English |
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Ann Arbor Michigan
ProQuest Information and Learning Company
[2004]
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| Sarrera elektronikoa: | Full text access requires UP Webmail login |