Internal Capital Market Controls and Financial Performance in Multidivisional Firms
研究提出多部门企业中，实现部门间协同收益的控制系统与实现内部资本市场收益的系统不相容，基于156家英国大企业的问卷数据初步支持该假设。
It is proposed that, within the population of M-form firms, the control systems necessary to realize economic benefits from interrelationships between subunits o f a firm are incompatible with the systems necessary to realize benef its from an M-form type internal capital market. This hypothesis is t ested on 156 large U.K. firms. Questionnaire data are used to classif y the firms according to their internal control characteristics. The findings provide tentative support for the hypothesis. Copyright 1988 by Blackwell Publishing Ltd.