{"id":"https://openalex.org/W2017884408","doi":"https://doi.org/10.1016/j.jbankfin.2010.07.004","title":"The impact of conglomeration on the option value of equity","display_name":"The impact of conglomeration on the option value of equity","publication_year":2010,"publication_date":"2010-07-07","ids":{"openalex":"https://openalex.org/W2017884408","doi":"https://doi.org/10.1016/j.jbankfin.2010.07.004","mag":"2017884408"},"language":"en","primary_location":{"id":"doi:10.1016/j.jbankfin.2010.07.004","doi":"https://doi.org/10.1016/j.jbankfin.2010.07.004","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jbankfin.2010.07.004","pdf_url":null,"source":{"id":"https://openalex.org/S2876017","display_name":"Journal of Banking & Finance","issn_l":"0378-4266","issn":["0378-4266","1872-6372"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","fnege-1","jufo-2","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Banking &amp; Finance","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5027518519","display_name":"Gunnar Grass","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I108192572","display_name":"HEC Montr\u00e9al","ror":"https://ror.org/05ww3wq27","country_code":"CA","type":"education","lineage":["https://openalex.org/I108192572"]}],"countries":["CA"],"is_corresponding":true,"raw_author_name":"Gunnar Grass","raw_affiliation_strings":["Department of Finance, Accounting and Real Estate, European Business School, Germany","Department of Finance, HEC Montr\u00e9al, Canada"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Finance, Accounting and Real Estate, European Business School, Germany","institution_ids":[]},{"raw_affiliation_string":"Department of Finance, HEC Montr\u00e9al, Canada","institution_ids":["https://openalex.org/I108192572"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5027518519"],"corresponding_institution_ids":["https://openalex.org/I108192572"],"apc_list":{"value":3340,"currency":"USD","value_usd":3340},"apc_paid":null,"fwci":12.3148,"has_fulltext":false,"cited_by_count":18,"citation_normalized_percentile":{"value":0.97995453,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":88,"max":98},"biblio":{"volume":"34","issue":"12","first_page":"3010","last_page":"3024"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.8217999935150146,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.8217999935150146,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12675","display_name":"Financial Reporting and Valuation Research","score":0.12790000438690186,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10067","display_name":"Stochastic processes and financial applications","score":0.009200000204145908,"subfield":{"id":"https://openalex.org/subfields/2003","display_name":"Finance"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/business-diversification","display_name":"business diversification","score":0.8169999718666077},{"id":"https://openalex.org/keywords/business-risk","display_name":"business risk","score":0.546999990940094},{"id":"https://openalex.org/keywords/firm-size","display_name":"firm size","score":0.878000020980835},{"id":"https://openalex.org/keywords/path-dependence","display_name":"path dependence","score":0.5720000267028809},{"id":"https://openalex.org/keywords/risk-shifting","display_name":"risk shifting","score":0.9240000247955322},{"id":"https://openalex.org/keywords/contingent-claims-analysis","display_name":"contingent claims analysis","score":0.6449999809265137},{"id":"https://openalex.org/keywords/firm-value","display_name":"firm value","score":0.39800000190734863}],"concepts":[{"id":"https://openalex.org/C180916674","wikidata":"https://www.wikidata.org/wiki/Q3711935","display_name":"Diversification (marketing strategy)","level":2,"score":0.6891158223152161},{"id":"https://openalex.org/C199728807","wikidata":"https://www.wikidata.org/wiki/Q2578557","display_name":"Equity (law)","level":2,"score":0.6204226613044739},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.5473910570144653},{"id":"https://openalex.org/C106159729","wikidata":"https://www.wikidata.org/wiki/Q2294553","display_name":"Financial economics","level":1,"score":0.5226531028747559},{"id":"https://openalex.org/C149866677","wikidata":"https://www.wikidata.org/wiki/Q5384698","display_name":"Equity risk","level":3,"score":0.4556198716163635},{"id":"https://openalex.org/C23032112","wikidata":"https://www.wikidata.org/wiki/Q1344727","display_name":"Enterprise value","level":2,"score":0.4252944886684418},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.4137452244758606},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.1982840597629547},{"id":"https://openalex.org/C186027771","wikidata":"https://www.wikidata.org/wiki/Q4008379","display_name":"Valuation (finance)","level":2,"score":0.11772000789642334},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"doi:10.1016/j.jbankfin.2010.07.004","doi":"https://doi.org/10.1016/j.jbankfin.2010.07.004","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jbankfin.2010.07.004","pdf_url":null,"source":{"id":"https://openalex.org/S2876017","display_name":"Journal of Banking & Finance","issn_l":"0378-4266","issn":["0378-4266","1872-6372"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","fnege-1","jufo-2","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Banking &amp; Finance","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:eee:jbfina:v:34:y:2010:i:12:p:3010-3024","doi":null,"is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/S0378-4266(10)00262-1","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"}],"best_oa_location":null,"sustainable_development_goals":[],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":58,"referenced_works":["https://openalex.org/W13302810","https://openalex.org/W1503295912","https://openalex.org/W1515837149","https://openalex.org/W1574366603","https://openalex.org/W1986816211","https://openalex.org/W1991222101","https://openalex.org/W1993349900","https://openalex.org/W2008233155","https://openalex.org/W2008301397","https://openalex.org/W2021292353","https://openalex.org/W2035465815","https://openalex.org/W2047134779","https://openalex.org/W2049324641","https://openalex.org/W2067009632","https://openalex.org/W2077791698","https://openalex.org/W2092715343","https://openalex.org/W2101093637","https://openalex.org/W2105973145","https://openalex.org/W2121925065","https://openalex.org/W2124229253","https://openalex.org/W2124981709","https://openalex.org/W2125720994","https://openalex.org/W2136000353","https://openalex.org/W2136633515","https://openalex.org/W2138616178","https://openalex.org/W2146278264","https://openalex.org/W2166525296","https://openalex.org/W2167499060","https://openalex.org/W2170907645","https://openalex.org/W2584798035","https://openalex.org/W2608664843","https://openalex.org/W2752617332","https://openalex.org/W3021203231","https://openalex.org/W3023311111","https://openalex.org/W3121275215","https://openalex.org/W3121485139","https://openalex.org/W3121933167","https://openalex.org/W3122061504","https://openalex.org/W3122151187","https://openalex.org/W3122502280","https://openalex.org/W3122711978","https://openalex.org/W3123008345","https://openalex.org/W3123012056","https://openalex.org/W3123142049","https://openalex.org/W3123348102","https://openalex.org/W3123612769","https://openalex.org/W3124553194","https://openalex.org/W3124677289","https://openalex.org/W3124800418","https://openalex.org/W3125062060","https://openalex.org/W3125090645","https://openalex.org/W3125346872","https://openalex.org/W3125744792","https://openalex.org/W3172883420","https://openalex.org/W3217038484","https://openalex.org/W4387305810","https://openalex.org/W6680375792","https://openalex.org/W6684802295"],"related_works":["https://openalex.org/W1481918862","https://openalex.org/W4211167626","https://openalex.org/W3121933167","https://openalex.org/W1815094788","https://openalex.org/W2589852520","https://openalex.org/W2315670074","https://openalex.org/W2937431971","https://openalex.org/W2065551706","https://openalex.org/W2121538846","https://openalex.org/W1835051579"],"abstract_inverted_index":null,"counts_by_year":[{"year":2021,"cited_by_count":1},{"year":2017,"cited_by_count":1},{"year":2015,"cited_by_count":1},{"year":2014,"cited_by_count":4},{"year":2013,"cited_by_count":2},{"year":2012,"cited_by_count":4}],"updated_date":"2026-10-16T09:59:22.235173","created_date":"2016-06-24T00:00:00"}
