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Do Firms Have Target Leverage Ratios? Evidence from Historical Market-to-Book and Past Returns
16 references·1 citing·32 second hop
Do Firms Have Target Leverage Ratios? Evidence from Historical Market-to-Book and Past Returns (2006)Do Firms Have Target Leverage Ratios? Evi…Do Firms Rebalance Their Capital Structures? (2005)Do Firms Rebalance Their Capi…Capital Structure and Stock Returns (2004)Capital Structure and Stock R…Testing Trade-Off and Pecking Order Predictions About Dividends and Debt (2002)Testing Trade-Off and Pecking…Testing the pecking order theory of capital structure (2002)Testing the pecking order the…Market Timing and Capital Structure (2002)Market Timing and Capital Str…Are Insider Trades Informative? (2001)Are Insider Trades Informativ…What Do We Know about Capital Structure? Some Evidence from International Data (1995)What Do We Know about Capital…The Maturity Structure of Corporate Debt (1995)The Maturity Structure of Cor…Testing Static Trade-off Against Pecking Order Models of Capital Structure (1994)Testing Static Trade-off Agai…Corporate Debt Value, Bond Covenants, and Optimal Capital Structure (1994)Corporate Debt Value, Bond Co…The investment opportunity set and corporate financing, dividend, and compensation policies (1992)The investment opportunity se…Insiders' profits, costs of trading, and market efficiency (1986)Insiders' profits, costs of t…On the Existence of an Optimal Capital Structure: Theory and Evidence (1984)On the Existence of an Optima…On financial contracting (1979)On financial contractingDeterminants of corporate borrowing (1977)Determinants of corporate bor…A STATE‐PREFERENCE MODEL OF OPTIMAL FINANCIAL LEVERAGE (1973)A STATE‐PREFERENCE MODEL OF O…Testing Models of Dynamic Trade Off Theory (2007)Testing Models of Dynamic Tra…The Problem of Social Cost (1960)The Pricing of Options and Corporate Liabilities (1973)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Financial Intermediation and Delegated Monitoring (1984)A Survey of Corporate Governance (1997)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Dividend Policy, Growth, and the Valuation of Shares (1961)The Capital Structure Puzzle (1984)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)Higher market valuation of companies with a small board of directors (1996)Corporate governance, chief executive officer compensation, and firm performance (1999)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have (1984)Capital Structure Decisions: Which Factors Are Reliably Important? (2007)CORPORATE INCOME TAXES AND THE COST OF CAPITAL: A CORRECTION (1963)Theory of the Firm: Managerial Behavior, Agency Costs, and Ownership Structure (1979)The Determinants of Firms' Hedging Policies (1985)The cost of capital, corporation finance and the theory of investment (2008)Optimal capital structure under corporate and personal taxation (1980)The Determinants of Capital Structure Choice (1988)What Do We Know about Capital Structure? Some Evidence from International Data (1995)The theory and practice of corporate finance: evidence from the field (2001)Risk, Return, and Equilibrium: Empirical Tests (1973)CEO Overconfidence and Corporate Investment (2005)Partial adjustment toward target capital structures (2005)Econometric Analysis of Panel Data (2021)Common risk factors in the returns on stocks and bonds (1993)A Simple Approach to Valuing Risky Fixed and Floating Rate Debt (1995)The Determinants of Credit Spread Changes (2001)Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches (2008)Does Corporate Social Responsibility Affect the Cost of Capital? (2010)
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References

  • 1977Determinants of corporate borrowing13,160 cited
  • 2002Market Timing and Capital Structure3,804 cited
  • 1992The investment opportunity set and corporate financing, dividend, and compensation policies3,591 cited
  • 2002Testing Trade-Off and Pecking Order Predictions About Dividends and Debt3,396 cited
  • 1979On financial contracting2,901 cited
  • 1994Corporate Debt Value, Bond Covenants, and Optimal Capital Structure2,732 cited
  • 2002Testing the pecking order theory of capital structure2,642 cited
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  • 2004Capital Structure and Stock Returns1,250 cited
  • 2001Are Insider Trades Informative?1,229 cited
  • 1986Insiders' profits, costs of trading, and market efficiency1,219 cited
  • 1994

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Testing Static Trade-off Against Pecking Order Models of Capital Structure
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  • 2007Testing Models of Dynamic Trade Off Theory21 cited