Construct · 1 fields · 1 citations

corporate socialism: a standalone construct

One name. One construct. A landmark on the map.

● anchor · a standalone construct Nearest construct by meaning·not indexed
corporatesocialism1 CONSTRUCTCorporate socialism SCHARFSTEIN · CORPORATE

A single standalone construct; nearby constructs are located against it in the Collider. Tap a field for its definition, unit, and measures.

Corporate finance

diversified firms overfunding weak divisions and underfunding strong ones because of rent-seeking by division managers.

In corporate finance, corporate socialism refers to diversified firms overfunding weak divisions and underfunding strong ones because of rent-seeking by division managers. This meaning comes from Scharfstein (2000) in The Journal of Finance.[1]

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Nearby constructs

division4 fields · 7 citationsjingle · one word, four constructsrent-seeking1 fields · 3 citationsanchor · a standalone construct

References

  1. Scharfstein, D. S., & Stein, J. C. (2000). The Dark Side of Internal Capital Markets: Divisional Rent‐Seeking and Inefficient Investment. The Journal of Finance, 55(6), 2537-2564. https://doi.org/10.1111/0022-1082.00299

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