Works
- Is group affiliation profitable in emerging markets? An analysis of diversified Indian business groups, The Journal of Finance 55(2), 867 to 891, 2000
- The future of business groups in emerging markets: long-run evidence from Chile, Academy of Management Journal 43(3), 268 to 285, 2000
In Organizational Structures
Known for
Business groups and institutional voids in emerging markets, with Tarun Khanna.
Ideas
Affiliates of diversified groups. With Khanna, found in India that firm performance first falls and then rises with group diversification, and that affiliates of the most diversified groups outperform unaffiliated firms. Caveat: A statistical study of many firms in one country; the abstract does not give the sample period or size.
Group benefits that atrophy. With Khanna, found in Chile that the benefits of group affiliation not tied to diversification atrophied over time and that the diversification threshold for a net benefit rose. Caveat: A study of firms in one country over nine years of liberalization, read in its abstract only.
In this section, “read” means read by the Organizational Structures series: where a line says a work, or part of one, was not read, the series did not read it.