5Bae, K. , Kang, J. and Kim, J. , 2002. Tunneling or value added? evidence from mergers by Korean business groups. Journal of Finance57, 2695 - 2740.
6Bertrand, M. , Mehta, P. and Mullainathan, S. , 2002. Ferreting out tunneling: an application to Indian business groups. Quarterly Journal of Economics 117, 121 - 148.
7Claessens, S. , Djankov, S. and Lang, L. , 2000. The separation of ownership and control in East Asian corporations. Journal of Financial Economics 58, 81 - 112.
8Cleary, S. , 1999. The relationship between firm investment and financial status. Journal of Finance54,673 - 692.
9Fazzari, M. , Hubbard, G. and Petersen, C. , 1988. Financing constraints and corporate investment.Brookings Papers on Economic Activity 19, 141 - 195.
10Friedman, E. , Johnson, S. and Mitton, T. , 2003. Popping and tunneling. Journal of Comparative Economics (forthcoming).
9Myers S C and Majluf N S. Corporate Financing and Investment Decisions When Firms Have Information that Investors Do Not Have[J]. Journal of Financial Economics13, 1984, 187-221.
10Fazzari S M, Hubberd R G and Petersen B C. Financing Constraints and Corporate Investment [J]. Broolings Paper on Economic Activity 1,1988,141-195.