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Real Flexibility and Financial Structure: An Empirical Analysis
16 references·16 citing·35 second hopsampled
Real Flexibility and Financial Structure: An Empirical Analysis (2003)Real Flexibility and Financial Structure:…What Do We Know about Capital Structure? Some Evidence from International Data (1995)What Do We Know about Capital…What Do We Know about Capital Structure? Some Evidence from International Data (1995)What Do We Know about Capital…Investment Under Uncertainty. (1994)Investment Under Uncertainty.Investment under Uncertainty (1994)Investment under UncertaintyThe investment opportunity set and corporate financing, dividend, and compensation policies (1992)The investment opportunity se…Liquidation Values and Debt Capacity: A Market Equilibrium Approach (1992)Liquidation Values and Debt C…Insiders and Outsiders: The Choice between Informed and Arm's-Length Debt (1992)Insiders and Outsiders: The C…The Theory of Capital Structure (1991)The Theory of Capital Structu…Monitoring and Reputation: The Choice between Bank Loans and Directly Placed Debt (1991)Monitoring and Reputation: Th…Entry and Exit Decisions under Uncertainty (1989)Entry and Exit Decisions unde…The Determinants of Capital Structure Choice (1988)The Determinants of Capital S…Evaluating Natural Resource Investments (1985)Evaluating Natural Resource I…On the Existence of an Optimal Capital Structure: Theory and Evidence (1984)On the Existence of an Optima…Tobin's Marginal q and Average q: A Neoclassical Interpretation (1982)Tobin's Marginal q and Averag…The Value of Waiting to Invest (1982)The Value of Waiting to InvestOn financial contracting (1979)On financial contractingContraction flexibility, operating leverage, and financial leverage (2020)Contraction flexibility, oper…Flexible prices and leverage (2018)Flexible prices and leverageInflexibility and Stock Returns (2017)Inflexibility and Stock Retur…Flexibility as firm value driver: Evidence from offshore outsourcing (2017)Flexibility as firm value dri…Is Operating Flexibility Harmful Under Debt? (2016)Is Operating Flexibility Harm…Production Flexibility, Product Markets, and Capital Structure Decisions (2015)Production Flexibility, Produ…Resource Flexibility and Capital Structure (2013)Resource Flexibility and Capi…Stochastic Capacity Investment and Flexible vs. Dedicated Technology Choice in Imperfect Capital Markets (2011)Stochastic Capacity Investmen…Operating Leverage and Corporate Financial Policies (2011)Operating Leverage and Corpor…Bank Liquidity Creation Following Regulatory Interventions and Capital Support (2011)Bank Liquidity Creation Follo…What affects accounting conservatism: A corporate governance perspective (2009)What affects accounting conse…The Value of Corporate Risk Management (2006)The Value of Corporate Risk M…Should corporate debt include a rating trigger? (2005)Should corporate debt include…Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches (2005)Estimating Standard Errors in…Top-Management Incentives and the Pricing of Corporate Public Debt (2004)Top-Management Incentives and…Is There an Optimal Industry Financial Structure? (2002)Is There an Optimal Industry …Determinants of corporate borrowing (1977)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)Capital Theory and Investment Behavior (1963)Option pricing when underlying stock returns are discontinuous (1976)Irreversibility, Uncertainty, and Cyclical Investment (1980)Conditional Heteroskedasticity in Asset Returns: A New Approach (1991)Joint Ventures and the Option to Expand and Acquire (1991)Operating Flexibility, Global Manufacturing, and the Option Value of a Multinational Network (1994)Two Agency-Cost Explanations of Dividends (1984)A Survey of Corporate Governance (1997)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Significance tests and goodness of fit in the analysis of covariance structures. (1980)Firms, Contracts, and Financial Structure (1995)The theory and practice of corporate finance: evidence from the field (2001)Optimal contracts and competitive markets with costly state verification (1979)Reputation and imperfect information (1982)Financial Intermediation and Delegated Monitoring (1984)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)Financial Intermediation, Loanable Funds, and The Real Sector (1997)Relationship Banking: What Do We Know? (2000)The Cross-Section of Expected Stock Returns (1992)Law and Finance (1998)Corporate Ownership Around the World (1999)Time to Build and Aggregate Fluctuations (1982)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)The Impact of Uncertainty Shocks (2009)The Stochastic Behavior of Commodity Prices: Implications for Valuation and Hedging (1997)The Value Premium (2005)Policy Uncertainty and Corporate Investment (2015)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Capital markets research in accounting (2001)
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References

  • 1994Investment Under Uncertainty.9,497 cited
  • 1994Investment under Uncertainty9,016 cited
  • 1995What Do We Know about Capital Structure? Some Evidence from International Data6,527 cited
  • 1988The Determinants of Capital Structure Choice6,108 cited
  • 1991The Theory of Capital Structure4,371 cited
  • 1992Insiders and Outsiders: The Choice between Informed and Arm's-Length Debt3,902 cited
  • 1982The Value of Waiting to Invest3,606 cited
  • 1992The investment opportunity set and corporate financing, dividend, and compensation policies3,591 cited
  • 1991Monitoring and Reputation: The Choice between Bank Loans and Directly Placed Debt3,294 cited
  • 1982Tobin's Marginal q and Average q: A Neoclassical Interpretation3,178 cited
  • 1979On financial contracting2,901 cited
  • 1992Liquidation Values and Debt Capacity: A Market Equilibrium Approach2,901 cited
  • 1984On the Existence of an Optimal Capital Structure: Theory and Evidence2,477 cited
  • 1995What Do We Know about Capital Structure? Some Evidence from International Data2,443 cited
  • 1985Evaluating Natural Resource Investments2,379 cited

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1989
Entry and Exit Decisions under Uncertainty
2,356 cited

Cited by

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  • 2011Stochastic Capacity Investment and Flexible vs. Dedicated Technology Choice in Imperfect Capital Markets108 cited
  • 2005Should corporate debt include a rating trigger?107 cited
  • 2018Flexible prices and leverage100 cited
  • 2011Bank Liquidity Creation Following Regulatory Interventions and Capital Support96 cited
  • 2013Resource Flexibility and Capital Structure93 cited
  • 2015Production Flexibility, Product Markets, and Capital Structure Decisions91 cited
  • 2011Operating Leverage and Corporate Financial Policies80 cited
  • 2016Is Operating Flexibility Harmful Under Debt?68 cited
  • 2006The Value of Corporate Risk Management49 cited
  • 2017Flexibility as firm value driver: Evidence from offshore outsourcing44 cited
  • 2004Top-Management Incentives and the Pricing of Corporate Public Debt39 cited
  • 2002Is There an Optimal Industry Financial Structure?36 cited
  • 2020Contraction flexibility, operating leverage, and financial leverage32 cited