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The Choice between Bank Debt, Non-Bank Private Debt and Public Debt: Evidence from New Corporate Borrowings
16 references·16 citing·32 second hopsampled
The Choice between Bank Debt, Non-Bank Private Debt and Public Debt: Evidence from New Corporate Borrowings (2001)The Choice between Bank Debt, Non-Bank Pr…The theory and practice of corporate finance: evidence from the field (2001)The theory and practice of co…The Debt-Equity Choice (2001)The Debt-Equity ChoiceManagerial Entrenchment and Capital Structure Decisions (1997)Managerial Entrenchment and C…The Maturity Structure of Corporate Debt (1995)The Maturity Structure of Cor…Covenants and Collateral as Incentives to Monitor (1995)Covenants and Collateral as I…Insiders and Outsiders: The Choice between Informed and Arm's-Length Debt (1992)Insiders and Outsiders: The C…Monitoring and Reputation: The Choice between Bank Loans and Directly Placed Debt (1991)Monitoring and Reputation: Th…Troubled debt restructurings (1990)Troubled debt restructuringsManagerial discretion and optimal financing policies (1990)Managerial discretion and opt…Some evidence on the uniqueness of bank loans (1987)Some evidence on the uniquene…Financial intermediary-coalitions (1986)Financial intermediary-coalit…What's different about banks? (1985)What's different about banks?The Capital Structure Puzzle (1984)The Capital Structure PuzzleFinancial Intermediation and Delegated Monitoring (1984)Financial Intermediation and …INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION (1977)INFORMATIONAL ASYMMETRIES, FI…Determinants of corporate borrowing (1977)Determinants of corporate bor…The Role of Multiple Large Shareholders in the Choice of Debt Source (2016)The Role of Multiple Large Sh…Debt financing, venture capital, and the performance of initial public offerings (2015)Debt financing, venture capit…Bank loan contracting and corporate diversification: Does organizational structure matter to lenders? (2015)Bank loan contracting and cor…The effect of taxes on multinational debt location (2010)The effect of taxes on multin…Speed of Issuance, Lender Specialization, and the Rise of the 144A Debt Market (2010)Speed of Issuance, Lender Spe…CEOs vs. CFOs: Incentives and Corporate Policies (2009)CEOs vs. CFOs: Incentives and…Credit ratings and IPO pricing (2008)Credit ratings and IPO pricingCapital Structure and Debt Structure (2008)Capital Structure and Debt St…Bonds or Loans? The Effect of Macroeconomic Fundamentals (2007)Bonds or Loans? The Effect of…The Informational Efficiency of the Equity Market As Compared to the Syndicated Bank Loan Market (2006)The Informational Efficiency …Information Risk and Capital Structure (2006)Information Risk and Capital …Bank Monitoring and Environmental Risk (2006)Bank Monitoring and Environme…Why Do Public Firms Issue Private and Public Securities? (2005)Why Do Public Firms Issue Pri…A Normative Theory of Business Bankruptcy (2005)A Normative Theory of Busines…Relationship lending: a survey of the literature (2004)Relationship lending: a surve…Financial Contracting and the Choice between Private Placement and Publicly Offered Bonds (2004)Financial Contracting and the…The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Dividend Policy, Growth, and the Valuation of Shares (1961)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)A Survey of Corporate Governance (1997)Bank Runs, Deposit Insurance, and Liquidity (1983)Separation of Ownership and Control (1983)Asymmetric Information, Bank Lending and Implicit Contracts: A Stylized Model of Customer Relationships (1990)Embeddedness in the Making of Financial Capital: How Social Relations and Networks Benefit Firms Seeking Financing (1999)Does Distance Still Matter? The Information Revolution in Small Business Lending (2002)Two Agency-Cost Explanations of Dividends (1984)What Do We Know about Capital Structure? Some Evidence from International Data (1995)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)The arbitrage theory of capital asset pricing (1976)Moral Hazard and Observability (1979)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)Financial Intermediation, Loanable Funds, and The Real Sector (1997)Optimal contracts and competitive markets with costly state verification (1979)Reputation and imperfect information (1982)Relationship Banking: What Do We Know? (2000)The Determinants of Capital Structure Choice (1988)The determinants and implications of corporate cash holdings (1999)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 Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Firms, Contracts, and Financial Structure (1995)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Job Market Signaling (1973)The Cross-Section of Expected Stock Returns (1992)Managing with Style: The Effect of Managers on Firm Policies (2003)Law, finance, and economic growth in China (2005)The economic implications of corporate financial reporting (2005)The Theory of Capital Structure (1991)
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References

  • 1977Determinants of corporate borrowing13,160 cited
  • 1984Financial Intermediation and Delegated Monitoring8,393 cited
  • 1984The Capital Structure Puzzle7,520 cited
  • 2001The theory and practice of corporate finance: evidence from the field5,947 cited
  • 1977INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION4,056 cited
  • 1992Insiders and Outsiders: The Choice between Informed and Arm's-Length Debt3,902 cited
  • 1990Managerial discretion and optimal financing policies3,679 cited
  • 1991Monitoring and Reputation: The Choice between Bank Loans and Directly Placed Debt3,294 cited
  • 1985What's different about banks?2,347 cited
  • 1995The Maturity Structure of Corporate Debt1,856 cited
  • 2001The Debt-Equity Choice1,797 cited
  • 1987Some evidence on the uniqueness of bank loans1,609 cited
  • 1997Managerial Entrenchment and Capital Structure Decisions1,538 cited
  • 1986Financial intermediary-coalitions1,439 cited
  • 1995Covenants and Collateral as Incentives to Monitor1,179 cited
  • 1990Troubled debt restructurings

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1,096 cited

Cited by

  • 2008Credit ratings and IPO pricing134 cited
  • 2016The Role of Multiple Large Shareholders in the Choice of Debt Source120 cited
  • 2006Bank Monitoring and Environmental Risk90 cited
  • 2005Why Do Public Firms Issue Private and Public Securities?90 cited
  • 2008Capital Structure and Debt Structure75 cited
  • 2009CEOs vs. CFOs: Incentives and Corporate Policies74 cited
  • 2007Bonds or Loans? The Effect of Macroeconomic Fundamentals68 cited
  • 2004Financial Contracting and the Choice between Private Placement and Publicly Offered Bonds64 cited
  • 2004Relationship lending: a survey of the literature60 cited
  • 2010Speed of Issuance, Lender Specialization, and the Rise of the 144A Debt Market59 cited
  • 2006Information Risk and Capital Structure57 cited
  • 2015Debt financing, venture capital, and the performance of initial public offerings56 cited
  • 2005A Normative Theory of Business Bankruptcy56 cited
  • 2006The Informational Efficiency of the Equity Market As Compared to the Syndicated Bank Loan Market52 cited
  • 2010The effect of taxes on multinational debt location51 cited
  • 2015Bank loan contracting and corporate diversification: Does organizational structure matter to lenders?47 cited