This paper examines how executive pay is set when a firm is a business group member. Using Korea as a laboratory setting, we find that member firm?s cash...
This paper investigates how banks and finance companies operate in a family business
group. Using uniquely detailed ownership data from Thailand, we...
We document a new channel through which a family business group's internal capital market supports its members. Using data from 44 countries, we provide...
This study investigates whether business groups can harm the capital allocation efficiency of non-business group firms. From a sample of Korean firms...
We examine whether common business group affiliation affects media reporting on firms and whether firms experience any real effects as a result. We find...