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Keywords: Business groups
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Journal Articles
Investment and dividend dynamics within business groups: evidence from Iran
Available to Purchase
Journal:
Journal of Economic Studies
Journal of Economic Studies (2025) 52 (7): 1303–1320.
Published: 18 November 2024
...Esmaeil Aliabadi; Ali Ebrahim Nejad; Mahdi Heidari Purpose The purpose of our study is to examine the functioning of internal capital markets (ICMs) within business groups in Iran. We document how the ultimate owner's economic interests in affiliated firms influence their investment and dividend...
Includes: Supplementary data
