The DOI matches its Crossref record; 2 of the 2 references it cites were found in a registry or an index.
Corporate Equity Ownership, Strategic Alliances, and Product Market Relationships
Open accessAbstract
This paper examines long‐term block ownership by corporations and performance changes in firms with corporate block owners. We also examine potential reasons for corporate ownership including benefits in product market relationships, alleviation of financing constraints, and board monitoring by corporate owners. We find the largest significant increases in targets' stock prices, investment, and operating profitability when ownership is combined with alliances, joint ventures, and other product market relationships between purchasing and target firms, especially in industries with high research and development. Our findings are consistent with the conclusion that block ownership by corporations has significant benefits in product market relationships.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
Corporate financing and investment decisions when firms have information that investors do not have
Myers, S. C., & Majluf, N. S. (1984) · Journal of Financial Economics · doi:10.1016/0304-405x(84)90023-0 · Cited by 18,957
Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have
Myers, S., & Majluf, N. (1984) · doi:10.3386/w1396 · Cited by 6,745
Cited by
Anticompetitive Effects of Common Ownership
AZAR, J., SCHMALZ, M. C., & TECU, I. (2018) · The Journal of Finance · doi:10.1111/jofi.12698 · Cited by 980
Overlapping Ownership, R&D Spillovers, and Antitrust Policy
López, Á. L., & Vives, X. (2019) · Journal of Political Economy · doi:10.1086/701811 · Cited by 303
Trade Credit, Relationship-specific Investment, and Product Market Power
Dass, N., Kale, J. R., & Nanda, V. (2015) · Review of Finance · doi:10.1093/rof/rfu038 · Cited by 303
Metadata
- Authors
- Allen, J. W., & Phillips, G. M.
- Venue
- The Journal of Finance
- Publisher
- Wiley
- Published
- 2000-12
- Volume
- 55
- Issue
- 6
- Pages
- 2791-2815
- ISSN
- 0022-1082 (ISSN-L)
- 1540-6261
- OpenAlex
- W3122209045
- Cited by
- 564
- References
- 2
- FWCI
- 27.05
- Type
- journal article
- Language
- en
- Open access
- green
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: Corporate Equity Ownership, Strategic Alliances, and Product Market Relationships. https://app.cochat.ai/papers/10.1111/0022-1082.00307
- The paper
- Allen, J. W., & Phillips, G. M. (2000). Corporate Equity Ownership, Strategic Alliances, and Product Market Relationships. The Journal of Finance. https://doi.org/10.1111/0022-1082.00307
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
