headquarter Gertner et al. winner-picking Wal-Mart s
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1 CJEB The financial strategies of Japanese multinational enterprises and internal capital market, Columbia Business School, CJEB, Working Paper No., April,.
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23 Diamond, Douglas.,, Financial Intermediation and Delegated Monitoring, Review of Economic Studies, -. Gertner, Robert H., Powers Eric., David S.Scharfstein.,, Learning about Internal Capital Markets from Corporate Spin-offs, Journal of Finance, December, -. Gertner, R.H., Scharfstein, D.D., and Stein, J.C.,, Internal versus External Capital Markets, The Quarterly Journal of Economics, Vol., No., -. Hall, Brian., and Jeffrey B Liebman.,, Are CEO really paid like bureaucrats?, The Quarterly Journal of Economics, -. Hyun-Han Shin., Young S.Park.,, Financing constraints and internal capital markets: Evidence from Korean Chaebols, Journal of Corporate Finance, -. Hyun-Han Shin., and Rene M. Stulz.,, Are Internal Capital Markets Efficient?, The Quarterly Journal of Economics, May, -. Jensen, Michael C.,, Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers, The American Economic Review, -. Naveen Khanna., and Sheri Tice.,, The Bright Side of Internal Capital Markets, Journal of Finance, August, -. Ram Mudambi.,, MNE internal capital markets and subsidiary strategic independence, International Business Review, -. Roman, Inderst., and Holger M. Muller.,, Internal versus External Financing: An Optimal Contracting Approach, The Journal of Finance, -. Stein, J.C.,,Internal capital markets and the competition for corporate resources, Journal of Finance, -. Stein, J.C.,, Information Production and Capital Allocation: Decentralized versus Hierarchical Firms, Journal of Finance, -. Venkat Srinivasan., and Yong H. Kim.,, Payments Netting in International Cash Management: A Net-work Optimization Approach, Journal of International Business Studies Summer,
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