Corporate finance, industrial organization, and organizational economics

被引:10
|
作者
Sertsios, Giorgo [1 ]
机构
[1] Univ Los Andes, Sch Business & Econ, Santiago, Chile
关键词
PRODUCT-MARKET COMPETITION; INTERNAL CAPITAL-MARKETS; STRATEGIC ALLIANCES; AGENCY COSTS; DIVERSIFICATION DISCOUNT; PYRAMIDAL OWNERSHIP; HORIZONTAL MERGERS; CONGLOMERATE FIRMS; EMPIRICAL-ANALYSIS; EQUITY OWNERSHIP;
D O I
10.1016/j.jcorpfin.2020.101680
中图分类号
F8 [财政、金融];
学科分类号
0202 ;
摘要
In the last 35 years, research at the intersection of corporate finance, industrial organization, and organizational economics has grown substantially. This paper reviews work that combines elements from these fields of finance and economics, with an emphasis on recent developments. I discuss how product market competition, customer-supplier relations, firms' organizational form, and ownership structures interact with firms' financial policies. I also overview new developments in the literature from a special issue of the Journal of Corporate Finance.
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页数:22
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