From Diversification Premium to Diversification Discount during Institutional Transitions
نویسندگان
چکیده
[Acknowledgment] This research was supported in part by the National Science Foundation (CAREER SES 0552089), UTD Provost’s Distinguished Professorship, Brain Korea 21 Project, and Ohio State University CIBER and Center for East Asian Studies. Earlier versions were presented at the 8th Conference on the Theories and Practices of Securities and Financial Markets (Kaohsiung, 1999), Conference on Managing Development and Transition (Rio de Janeiro, 2001), Financial Management Association (Toronto, 2001), Seoul National University (2002), and Academy of Management (Seattle, 2003). We thank Yongsun Paik and Seung-Hyun Lee (guest editors), two reviewers, Andrew Delios, Tae-Young Kim, Klaus Meyer, and Jung Mo Yoon for helpful comments and discussions. Yi Jiang, Seong Eun Kim, and Yuanyuan Zhou provided research assistance. //LeePengLee0707JWB.doc//7/16@HK//7/20@JN//2007//11402words//
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