Publications
Publications
- December 2000
- Journal of Finance
The Dark Side of Internal Capital Markets: Divisional Rent-Seeking and Inefficient Investment
By: David S. Scharfstein and Jeremy Stein
Citation
Scharfstein, David S., and Jeremy Stein. "The Dark Side of Internal Capital Markets: Divisional Rent-Seeking and Inefficient Investment." Journal of Finance 55, no. 6 (December 2000): 2537–2564.