2Khanna, T. , and K. Palepu. Why focused strategies may be wrong for emerging countries[ J]. Harvard Business Review, 1997(75 ).
3La Porta, R., Lopez-de-Silanes, F. , Shleifer, A.. Corporate Ownership around the World[ J]. Journal of Finance, 1999(54).
4Wolfenzon, Daniel. A Theory of Pyramidal Structures[ J ]. Harvard University, mimeo, 1999(2 ).
5Fazzari, S. M. / Hubbard, R. G. / Petersen, B. C. Financing Constraints and Corporate Investment[ J]. Brookings Papers on Economic Activity, 1988(1).
6Stulz, R. M.. Managerial discretion and optimal financing policies[J]. Journal of Financial Economics, 1990(26).
7Lins, K.V. Equity Ownership and Firm Value in Emerging Markets[ J ]. Journal of Financial and Quantitative Analysis,2003 (38).
8Donaldson,Gordon. Managing Corporate Wealth, Praeger Publishers[ M]. New York. 1989.
9Hoshi, T. Kashyap, A. Scharfstein, D. Corporate Structure, Liquidity, and Investment : Evidence from Japanese Industrial Groups[ J ]. Quarterly Journal of Economics, 1991(106).
10Kaplan, S. N. Zingales, L. Do Investment - Cash flow Sensitivities Provide Useful Measures of Financing Constraints? [ J ]. Quarterly Journal of Economics, 1997(112).