Boundary of the firm with endogenous firm structure
(2022)
Journal Article
Ma, Q., & Wang, S. (2022). Boundary of the firm with endogenous firm structure. Journal of Financial Research, 45(4), 797-816. https://doi.org/10.1111/jfir.12298
We study the boundary of the firm with endogenous firm structure. The firm has two restructuring options: internal restructuring by which the firm centralizes or decentralizes decision making, or external restructuring by which the firm spins off a d... Read More about Boundary of the firm with endogenous firm structure.