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Coinsurance within Business Groups: Evidence from Related Party Transactions in an Emerging Market

Jia, Nan; Shi, Jing; Wang, Yongxiang


Using novel transaction-level data on Chinese business groups, this study provides the first direct evidence of the coinsurance theory of business groups by investigating when different types of internal resources are transferred within a business group.

CollectionsANU Research Publications
Date published: 2012
Type: Journal article
Source: Management Science
DOI: 10.1287/mnsc.1120.1703


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