參考文獻 |
Ahn, S., Denis, D. J., & Denis, D. K. (2004). Leverage and Investment in Diversified Firms. Journal of Financial Economics, 79(2).
Anderson, R., & Reeb, D. M. (2003). Founding-Family Ownership and Firm Performance: Evidence from the S&P 500. The Journal of Finance, 58(3), 1301-1328.
Ang, S. H. (2007). International diversification: A ’’quick fix’’ for pressures in company performance? Auckland Business Review, 9(1).
Bertrand, M., Johnson, S., Samphantharak, K., & Schoar, A. (2008). Mixing family with business: A study of Thai business groups and the families behind them. Journal of Financial Economics, 88(3), 466-498.
Boubakri, N., Guedhami, O., & Mishra, D. (2009). Family control and the implied cost of equity: Evidence before and after the Asian financial crisis. Journal of International Business Studies, 41(3), 451-474. doi: 10.1057/jibs.2009.77
Campa, J. M., & Kedia, S. (2002). Explaining the Diversification Discount. The Journal of Finance, 57(4), 1731-1762.
Chakrabarti, A., Singh, K., & Mahmood, I. (2007). Diversification and performance: evidence from East Asian firms. Strategic Management Journal, 28(2), 101-120.
Claessens, S., Djankov, S., Fan, J. P. H., & Lang, L. H. P. (2002). Disentangling the Incentive and Entrenchment Effects of Large Shareholdings. [Article]. Journal of Finance, 57(6), 2741-2771.
Claessens, S., Djankov, S., & Lang, L. H. P. (2000). The separation of ownership and control in East Asian Corporations. Journal of Financial Economics, 58.
Contractor, F. J., Kundu, S. K., & Hsu, C.-C. (2003). A three-stage theory of international expansion: the link between multinationality and performance in the service sector. Journal of International Business Studies, 34, 5-18.
Cronqvist, H., & Nilsson, M. (2003). Agency Costs of Controlling Minority Shareholders. [Article]. Journal of Financial & Quantitative Analysis, 38(4), 695-719.
Daniels, J. D., & Bracker, J. (1989). Profit Performance: Do Foreign Operations Make a Difference? Management International Review, 29(1), 46-56.
Delios, A., & Beamish, P. W. (1999). Geographic scope, product diversification and the corporate performance of Japanese firms. [Article]. Strategic Management Journal, 20(8), 711-727.
Demsetz, H., & Lehn, K. (1985). The Structure of Corporate Ownership: Causes and Consequences. [Article]. Journal of Political Economy, 93(6), 1155-1177.
Denis, D. J., Denis, D. K., & Sarin, A. (1997). Agency problems, equity ownership, and corporate diversification. Journal of Finance, 52(1), 135-160.
Denis, D. J., Denis, D. K., & Yost, K. (2002). Global Diversification, Industrial Diversification, and Firm Value. [Article]. Journal of Finance, 57(5), 1951-1979.
Errunza, V. R., & Senbet, L. W. (1984). International Corporate Diversification, Market Valuation, and Size-Adjusted Evidence. The Journal of Finance, 34(3), 727-743.
Faccio, M., & Lang, L. H. P. (2002). The ultimate ownership of Western European corporations. Journal of Financial Economics, 65(3), 365-395.
Fan, J. P. H., & Wong, T. J. (2002). Corporate ownership structure and the informativeness of accounting earnings in East Asia. Journal of Accounting and Economics, 33(3), 401-425.
Gomes , L., & Ramaswamy, K. (1999). An Empirical Examination of the Form of the Relationship between Multinationality and Performance. Journal of International Business Studies, 30(1), 173-187.
Grant, R. M. (1987). Multinationality and Performance among British Manufacturing Companies. Journal of International Business Studies, 18(3), 79-89.
Grant, R. M., Jammine, A. P., & Thomas, H. (1988). DIVERSITY, DIVERSIFICATION, AND PROFITABILITY AMONG BRITISH MANUFACTURING COMPANIES 1972-84. [Article]. Academy of Management Journal, 31(4), 771-801.
Hannan, M. T., Pólos, L., & Carroll, G. R. (2003). Cascading Organizational Change. Organization Science, 14(5), 463-482.
Hitt, M. A., Hoskisson, R. E., & Kim, H. (1997). International Diversification: Effects on Innovation and Firm Performance in Product-Diversified Firms. The Academy of Management Journal, 40(4), 768-798.
Hitt, M. A., Tihanyi, L., Miller, T., & Connelly, B. (2006). International Diversification: Antecedents, Outcomes, and Moderators. Journal of Management, 32(6), 831-867.
Holderness, C. G., & Sheehan, D. P. (1988). The role of majority shareholders in publicly held corporations: An exploratory analysis. Journal of Financial Economics, 20(0), 317-346.
Jensen, M. C. (1986). Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers. American Economic Review, 76(2), 323-329.
Jensen, M. C., & Murphy, K. J. (1990). Performance Pay and Top-Management Incentives. Journal of Political Economy, 98(2), 225-277.
Kim, W. C., Hwang, P., & Burgers, W. P. (1993). MULTINATIONALS’’ DIVERSIFICATION AND THE RISK-RETURN TRADE-OFF. [Article]. Strategic Management Journal, 14(4), 275-286.
Kim, W. S., & Lyn, E. O. (1987). Foreign direct investment theories, entry barriers, and reverse investments in U.S. manufacturing industries. Journal of International Business Studies, 18(2), 53-66.
Kobrin, S. J. (1991). An empirical analysis of the determinants of global integration. Strategic Management Journal, 12(s1), 17-31. doi: 10.1002/smj.4250120904
Kogut, B. (1985). Designing Global Strategies: Profiting from Operational Flexibility. Sloan Management Review, 27(1), 27-38.
Kotabe, M., Srinivasan, S. S., & Aulakh, P. S. (2002). Multinationality and Firm Performance: The Moderating Role of Marketing and R&D Capabilities. Journal of International Business Studies, 33(1).
Lemmon, M. L., & Lins, K. V. (2003). Ownership Structure, Corporate Governance, and Firm Value: Evidence from the East Asian Financial Crisis. Journal of Finance, 58(4), 1445-1468.
Lins, K. V. (2003). Equity Ownership and Firm Value in Emerging Markets. [Article]. Journal of Financial & Quantitative Analysis, 38(1), 159-184.
Lins, K. V., & Servae, H. (2002). Is Corporate Diversification Beneficial in Emerging Markets? Financial Management, 31(2), 5-31.
Lu , J. W., & Beamish, P. W. (2004). International Diversification and Firm Performance: The S-Curve Hypothesis. The Academy of Management Journal, 47(4), 598-609.
Mansi, S. A., & Reeb, D. M. (2002). Corporate Diversification: What Gets Discounted? [Article]. Journal of Finance, 57(5), 2167-2183.
Markides, C. C. (1992). Consequences of Corporate Refocusing: Ex Ante Evidence. The Academy of Management Journal, 35(2), 398-412.
Mathur, I., Singh, M., & Gleason, K. (2001). The evidence from Canadian firms on multinational diversification and performance. The Quarterly Review of Economics and Finance, 41(4), 541-578.
Michel, A., & Shaked, I. (1986). Multinational Corporations vs. Domestic Corporations: Financial Performance and Characteristics. Journal of International Business Studies, 17(3), 89-100.
Montgomery, C. A. (1985). Product-Market Diversification and Market Power. The Academy of Management Journal, 28(4), 789-798.
Morck, R. K., Strangeland, D. A., & Yeung, B. (1998). Inherited Wealth, Corporate Control and Economic Growth.
Porta, R. L., Lopez-de-Silanes, F., & Shileifer, A. (1999). Corporate Ownership Around the World. The Journal of Finance, 54(2), 471-517.
Porter, M. E. (1990). The Competitive Advantage of Nations. Harvard Business Review, 68(2), 73-93.
Qian, G. (1997). Assessing product-market diversification of U.S. firms. Management International Review, 37(2), 127-149.
Qian, G. (2002). Multinationality, product diversification, and profitability of emerging US small- and medium-sized enterprises. Journal of Business Venturing, 17, 611-633.
Riahi-Belkaoui, A. (1998). The effects of the degree of internationalization on firm performance. International Business Review, 7, 315-321.
Shapiro, A. C. (1978). Financial Structure and Cost of Capital in the Multinational Corporation. Journal of Financial and Quantitative Analysis, 13(2), 211-226.
Shleifer, A., & Vishny, R. W. (1989). Management entrenchment: The case of manager-specific investments. Journal of Financial Economics, 25(1), 123-139.
Shleifer, A., & Vishny, R. W. (1997). The Limits of Arbitrage. [Article]. Journal of Finance, 52(1), 35-55.
Singh, K., & Yip, G. S. (2000). Strategic Lessons from the Asian Crisis. Long Range Planning, 33(5), 706-729.
Singh, M., Mathur, I., & Gleason, K. C. (2004). Governance and Performance Implications of Diversification Strategies: Evidence from Large U.S. Firms. Financial Review, 39(4), 489-526.
Stulz, R. M. (1990). Managerial discretion and optimal financing policies. Journal of Financial Economics, 26, 3-27.
Sullivan, D. (1994). Measuring the Degree of Internationalization of a Firm. Journal of International Business Studies, 25(2), 325-342.
Vernon, R. (1971). Sovereignty at bay: The multinational spread of U. S. enterprises. The International Executive, 13(4), 1-3.
Villalonga, B., & Amit, R. (2006). How do family ownership, control and management affect firm value? Journal of Financial Economics, 80(2).
Wang, D. (2006). Founding Family Ownership and Earnings Quality. Journal of Accounting Research, 44(3), 619-656.
Watts, R. L., & Zuo, L. (2011). Accounting Conservatism and Firm Value: Evidence from the Global Financial Crisis. MIT Sloan Research Paper, 4941(11).
Wernerfelt, B., & Montgomery, C. A. (1988). Tobin’’s q and the importance of focus in firm performance. The American Economic Review, 78(1), 246-250.
|