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Why is Equity Capital Expensive for Opaque Banks?
16 references·13 citing·32 second hop
Why is Equity Capital Expensive for Opaque Banks? (2012)Why is Equity Capital Expensive for Opaqu…Fallacies, Irrelevant Facts, and Myths in the Discussion of Capital Regulation: Why Bank Equity is Not Socially Expensive (2013)Fallacies, Irrelevant Facts, …Reflections on Northern Rock: The Bank Run that Heralded the Global Financial Crisis (2009)Reflections on Northern Rock:…The cost of capital, corporation finance and the theory of investment (2008)The cost of capital, corporat…Dividend Smoothing and Debt Ratings (2006)Dividend Smoothing and Debt R…Payout policy in the 21st century (2005)Payout policy in the 21st cen…Demand–Deposit Contracts and the Probability of Bank Runs (2005)Demand–Deposit Contracts and …The Role of Demandable Debt in Structuring Optimal Banking Arrangements (2004)The Role of Demandable Debt i…BANK DIVIDEND POLICY: EXPLANATORY FACTORS (2002)BANK DIVIDEND POLICY: EXPLANA…Liquidity Risk, Liquidity Creation, and Financial Fragility: A Theory of Banking (2001)Liquidity Risk, Liquidity Cre…Contagious Bank Runs: Evidence from the 1929–1933 Period (1996)Contagious Bank Runs: Evidenc…The Role of Demandable Debt in Structuring Optimal Banking Arrangements (1991)The Role of Demandable Debt i…Bank Runs, Deposit Insurance, and Liquidity (1983)Bank Runs, Deposit Insurance,…Imperfect Information, Dividend Policy, and "The Bird in the Hand" Fallacy (1979)Imperfect Information, Divide…Dividend Policy, Growth, and the Valuation of Shares (1961)Dividend Policy, Growth, and …The Cost of Capital, Corporation Finance and the Theory of Investment (1958)The Cost of Capital, Corporat…DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES (1956)DISTRIBUTION OF INCOMES OF CO…Dividends and financial health: Evidence from U.S. bank holding companies (2020)Dividends and financial healt…What factors determine dividend smoothing by US and EU banks? (2019)What factors determine divide…Sovereign risk, European crisis-resolution policies, and bond spreads (2018)Sovereign risk, European cris…Bank dividends, agency costs and shareholder and creditor rights (2018)Bank dividends, agency costs …Urban Agglomeration and CEO Compensation (2016)Urban Agglomeration and CEO C…What determines bank-specific variations in bank stock returns? Global evidence (2014)What determines bank-specific…Does relationship matter? The choice of financial advisors (2014)Does relationship matter? The…Valuation of Innovation: The Case of Iphone (2012)Valuation of Innovation: The …Sovereign Risk, European Crisis Resolution Policies and Bond Yields (2012)Sovereign Risk, European Cris…Signaling Asset Price Bubbles with Time-Series Methods (2012)Signaling Asset Price Bubbles…Predicting rating changes for banks: how accurate are accounting and stock market indicators? (2012)Predicting rating changes for…Interest Rates and Business Cycles in Emerging Economies: The Role of Financial Frictions (2012)Interest Rates and Business C…Entrepreneurial Optimism and Survival (2012)Entrepreneurial Optimism and …The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Financial Intermediation and Delegated Monitoring (1984)A Theory of Bank Capital (2000)Banks as Liquidity Providers: An Explanation for the Coexistence of Lending and Deposit‐taking (2002)How does capital affect bank performance during financial crises? (2013)INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION (1977)Corporate financing and investment decisions when firms have information that investors do not have (1984)Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have (1984)The investment opportunity set and corporate financing, dividend, and compensation policies (1992)Non-Monetary Effects of the Financial Crisis in the Propagation of the Great Depression (1983)Financial Contagion (2000)Market Liquidity and Funding Liquidity (2008)A Monetary History of the United States, 1867-1960 (2017)Manias, Panics, and Crashes: A History of Financial Crises (1979)The Twin Crises: The Causes of Banking and Balance-of-Payments Problems (1999)Coordination Failures and the Lender of Last Resort: Was Bagehot Right after All? (2004)Collective Risk Management in a Flight to Quality Episode (2007)Payoff complementarities and financial fragility: Evidence from mutual fund outflows (2010)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)The Economic Implications of Corporate Financial Reporting (2004)The economic implications of corporate financial reporting (2005)Corporate governance and firm cash holdings in the US (2007)Firms, Contracts, and Financial Structure (1995)Does Distance Still Matter? The Information Revolution in Small Business Lending (2002)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)The Capital Structure Puzzle (1984)A Survey of Corporate Governance (1997)The Behavior of Stock-Market Prices (1965)The Pricing of Options and Corporate Liabilities (1973)Determinants of corporate borrowing (1977)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Law and Finance (1998)
this work references cited by second hop

References

  • 1958The Cost of Capital, Corporation Finance and the Theory of Investment14,494 cited
  • 1983Bank Runs, Deposit Insurance, and Liquidity9,689 cited
  • 2008The cost of capital, corporation finance and the theory of investment8,614 cited
  • 1961Dividend Policy, Growth, and the Valuation of Shares6,554 cited
  • 1956DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES3,426 cited
  • 1979Imperfect Information, Dividend Policy, and "The Bird in the Hand" Fallacy2,809 cited
  • 2005Payout policy in the 21st century2,268 cited
  • 2001Liquidity Risk, Liquidity Creation, and Financial Fragility: A Theory of Banking2,006 cited
  • 1991The Role of Demandable Debt in Structuring Optimal Banking Arrangements1,490 cited
  • 2005Demand–Deposit Contracts and the Probability of Bank Runs1,206 cited
  • 2009Reflections on Northern Rock: The Bank Run that Heralded the Global Financial Crisis630 cited
  • 2013Fallacies, Irrelevant Facts, and Myths in the Discussion of Capital Regulation: Why Bank Equity is Not Socially Expensive445 cited
  • 2004The Role of Demandable Debt in Structuring Optimal Banking Arrangements434 cited
  • 1996Contagious Bank Runs: Evidence from the 1929–1933 Period226 cited
  • 2006

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Dividend Smoothing and Debt Ratings
175 cited
  • 2002BANK DIVIDEND POLICY: EXPLANATORY FACTORS128 cited
  • Cited by

    • 2016Urban Agglomeration and CEO Compensation82 cited
    • 2012Signaling Asset Price Bubbles with Time-Series Methods45 cited
    • 2014Does relationship matter? The choice of financial advisors40 cited
    • 2014What determines bank-specific variations in bank stock returns? Global evidence40 cited
    • 2020Dividends and financial health: Evidence from U.S. bank holding companies38 cited
    • 2018Bank dividends, agency costs and shareholder and creditor rights38 cited
    • 2018Sovereign risk, European crisis-resolution policies, and bond spreads35 cited
    • 2012Sovereign Risk, European Crisis Resolution Policies and Bond Yields31 cited
    • 2012Predicting rating changes for banks: how accurate are accounting and stock market indicators?29 cited
    • 2019What factors determine dividend smoothing by US and EU banks?26 cited
    • 2012Valuation of Innovation: The Case of Iphone16 cited
    • 2012Interest Rates and Business Cycles in Emerging Economies: The Role of Financial Frictions16 cited
    • 2012Entrepreneurial Optimism and Survival14 cited