References
- Barr, G., J. Gerson and B. Kantor (1995). Shareholders as agents and principals. The case for South Africa’s corporate governance system. Journal of Applied Corporate Finance. 8(1).18–31.
- Barr, G. and B. Kantor (1994). The discount to net asset value, unbundling and shareholder interests. De Rahone. 8(1): 44–59
- Barber, B., D. Palmer and J. Wallace (1995) Determinants of conglomerate and predatory acquisitions Evidence from the 1960s, Journal of Corporate Finance. 1.283–318.
- Bhide, A (1990). Reversing corporate diversification. Journal of Applied Corporate Finance. 3:70–82 Reproduced in: The new corporate finance: Where theory meets practice. Ed. Chew, D.H., 526–537. New York McGraw-Hill.
- Blount, G and S Davidson (1996). Stock market responses to corporate unbundling in South Africa. De Ratione. 10(1):63–73.
- Chandler, Jr., A. (1962). Strategy and structure: Chapters in the history of the industrial enterprise Cambridge, Mass: MIT Press.
- Chandler, Jr., A. (1977) The visible hand: The managerial revolution in American business. Cambridge, Mass: Harvard University Press.
- Chandler, Jr., A. (1990). Scale and scope: The dynamics of industrial capitalism. Cambridge, Mass: Harvard University Press
- Denis, D., D. Denis and A. Sarin (1997). Agency problems, equity ownership, and corporate diversification. The Journal of Finance. 52(1):135–160.
- Gerson, J. (1992), The Determinants of Corporate Ownership and Control in South Africa, Unpublished Ph.D Dissertation. University of California at Los Angeles.
- Lamont, O. (1997). Cash flow and investment: Evidence from internal capital markets. The Journal of Finance. 52(1):83–109.
- Markides, C. (1995). Diversification, refocusing [sic], and economic performance. Cambridge, Mass.: The MIT Press.
- Pushner, G. (1995). Equity ownership structure, leverage, and productivity: Empirical evidence from Japan. Pacific-Basih Finance Journal. 3:241–255.
- Ravenscraft, D. and F Scherer (1987), Mergers, sell-offs and economic efficiency. Washington Brookings Institute.
- Servaes, H. (1996). The value of diversification during the conglomerate merger wave. The Journal of Finance. 51(4): 1201–1225.
- Shleifer, A and R, Vishny. 1994. Takeovers in the 1960s and 1980s: Evidence and implications. In: R Rumelt, D. Schendel and D. Teece. Fundamental Issues in Strategy: A research agenda. Boston. Harvard Business School Press.
- Stein, J, (1997). Internal capital markets and the competition for corporate resources. The Journal of Finance 52(1): 111–133.
- Weston, J.F., K. Chung and S Hoag. (1990). Mergers, Restructuring and Corporate Control New Jersey: Prentice Hall.
- White, H. (1980). A heteroscedasticity-consistent covariance matrix estimator and a direct test for heteroscedasticity, Econometrica. 48:817–838.
- Williamson, O.E. (1975). Markets and hierarchies; Analysis and antitrust implications. New York. Free Press.
- Williamson, O.E. (1985). The economic institutions of capitalism. New York: Free Press.