Tomer Berkovitz

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It is widely acknowledged that the ability to redeploy and recombine internal resources is an important source of competitive advantage. This paper deepens our understanding of the factors a¤ecting internal redeployment by exploring how shared ownership and managers' family ties in ‡uence top managerial mobility in business groups. We …nd that managerial(More)
This paper investigates the e¤ect of country-level …nancial development on the formation of corporate groups. Since crosscountry regressions are hard to interpret in a causal sense, we use exogenous industry measures to investigate a speci…c channel through which …nancial development may a¤ect group a¢ liation: internal capital markets. Using a(More)
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