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Bankruptcy Decisionmaking: An Empirical Study of Continuation Bias in Small Business Bankruptcies
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Bankruptcy Decisionmaking: An Empirical Study of Continuation Bias in Small Business Bankruptcies (2003)Bankruptcy Decisionmaking: An Empirical S…Financial Services Used by Small Businesses: Evidence from the 2003 Survey of Small Business Finances (2006)Financial Services Used by Sm…When Are Real Options Exercised? An Empirical Study of Mine Closings (2002)When Are Real Options Exercis…The Logic and Limits of Bankruptcy Law (2001)The Logic and Limits of Bankr…The Differential Impact of Uncertainty on Investment in Small and Large Businesses (2000)The Differential Impact of Un…Bankruptcy auctions: costs, debt recovery, and firm survival (2000)Bankruptcy auctions: costs, d…Investment and Demand Uncertainty (1999)Investment and Demand Uncerta…Transactions Costs and Capital Structure Choice: Evidence from Financially Distressed Firms (1997)Transactions Costs and Capita…How Costly is Financial (Not Economic) Distress? Evidence from Highly Leveraged Transactions that Became Distressed (1997)How Costly is Financial (Not …Investment Under Uncertainty. (1994)Investment Under Uncertainty.The Economics of Bankruptcy Reform (1992)The Economics of Bankruptcy R…Liquidation Values and Debt Capacity: A Market Equilibrium Approach (1992)Liquidation Values and Debt C…A Theory of Workouts and the Effects of Reorganization Law* (1991)A Theory of Workouts and the …Dynamic Macroeconomic Theory (1988)Dynamic Macroeconomic TheoryThe Uneasy Case for Corporate Reorganizations (1986)The Uneasy Case for Corporate…A Theory of Competition Among Pressure Groups for Political Influence (1983)A Theory of Competition Among…Job Matching and the Theory of Turnover (1979)Job Matching and the Theory o…An Economic Theory of Democracy. (1958)Toward a More General Theory of Regulation (1976)Capitalism, Socialism and Democracy (1997)The quality of government (1999)The great reversals: the politics of financial development in the twentieth century (2003)Economic Origins of Dictatorship and Democracy (2005)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Corporate financing and investment decisions when firms have information that investors do not have (1984)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)The Limits of Arbitrage (1995)A Survey of Corporate Governance (1997)Information and Consumer Behavior (1970)Searching for the Lowest Price When the Distribution of Prices Is Unknown (1974)A Method for Minimizing the Impact of Distributional Assumptions in Econometric Models for Duration Data (1984)Earnings Losses of Displaced Workers (1992)The Cyclical Behavior of Equilibrium Unemployment and Vacancies (2005)Determinants of corporate borrowing (1977)\tThe Risk-Adjusted Cost of Financial Distress (2007)Trade-Off and Pecking Order Theories of Debt**We thank Long Chen, Sudipto Dasgupta, Espen Eckbo, Chris Hennessy, Jay Ritter, Michael Roberts, Tan Wang, and Jaime Zender for comments and helpful discussions. Murray Frank thanks Piper Jaffray for financial support. Vidhan Goyal thanks the Research Grants Council of the Hong Kong Special Administrative Region for financial support (Project No. 6489/06H). The literature on capital structure is vast, containing hundreds of papers, and so we cannot hope to cover it all. Inevitably, we have left out a great deal, much of it very important. As such, we apologize in advance for our inevitable oversights. Even more than usual, it must be stressed that this survey reflects only our views. (2008)Macroeconomic Conditions and the Puzzles of Credit Spreads and Capital Structure (2010)The market for corporate control (1983)Agency costs of free cash flow, corporate finance, and takeovers (1996)Design and Valuation of Debt Contracts (1996)Relationship Banking: What Do We Know? (2000)Access to Collateral and Corporate Debt Structure: Evidence from a Natural Experiment (2013)The Economic Institutions of Capitalism (1987)Financing Constraints and Corporate Investment (1988)Investment under Uncertainty (1994)Multiple versus Single Banking Relationships: Theory and Evidence (2000)Economic policy uncertainty and firm-level investment (2013)The Asset Redeployability Channel: How Uncertainty Affects Corporate Investment (2016)Managerial discretion and optimal financing policies (1990)Financial Distress and Corporate Performance (1994)Agency Costs, Risk Management, and Capital Structure (1998)How Big Are the Tax Benefits of Debt? (2000)Asset Fire Sales (and Purchases) in Equity Markets (2005)The Stochastic Behavior of Commodity Prices: Implications for Valuation and Hedging (1997)The Value Premium (2005)Policy Uncertainty and Corporate Investment (2015)The Sustainability of Budget Deficits in a Stochastic Economy (1995)Rational Asset Pricing Bubbles (1997)Term Structure of Interest Rates with Regime Shifts (2002)Covenants and Collateral as Incentives to Monitor (1995)Postbankruptcy Performance and Management Turnover (1995)Bankruptcy Codes and Innovation (2009)
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References

  • 1994Investment Under Uncertainty.9,497 cited
  • 1983A Theory of Competition Among Pressure Groups for Political Influence4,118 cited
  • 1979Job Matching and the Theory of Turnover3,125 cited
  • 1992Liquidation Values and Debt Capacity: A Market Equilibrium Approach2,901 cited
  • 1997How Costly is Financial (Not Economic) Distress? Evidence from Highly Leveraged Transactions that Became Distressed1,255 cited
  • 1999Investment and Demand Uncertainty802 cited
  • 1988Dynamic Macroeconomic Theory690 cited
  • 1991A Theory of Workouts and the Effects of Reorganization Law*635 cited
  • 1992The Economics of Bankruptcy Reform593 cited
  • 1997Transactions Costs and Capital Structure Choice: Evidence from Financially Distressed Firms482 cited
  • 2001The Logic and Limits of Bankruptcy Law475 cited
  • 2006Financial Services Used by Small Businesses: Evidence from the 2003 Survey of Small Business Finances372 cited
  • 1986The Uneasy Case for Corporate Reorganizations368 cited
  • 2000Bankruptcy auctions: costs, debt recovery, and firm survival330 cited
  • 2002When Are Real Options Exercised? An Empirical Study of Mine Closings324 cited

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  • 2000The Differential Impact of Uncertainty on Investment in Small and Large Businesses305 cited
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