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Leverage as a State Variable for Employment, Inventory Accumulation and Fixed Investment
16 references·6 citing·40 second hop
Leverage as a State Variable for Employment, Inventory Accumulation and Fixed Investment (1997)Leverage as a State Variable for Employme…Nonmonetary Effects of the Financial Crisis in the Propagation of the Great Depression (2024)Nonmonetary Effects of the Fi…Agency costs of free cash flow, corporate finance, and takeovers (1996)Agency costs of free cash flo…Monetary Policy, Business Cycles, and the Behavior of Small Manufacturing Firms (1994)Monetary Policy, Business Cyc…Financial Distress and Corporate Performance (1994)Financial Distress and Corpor…Liquidation Values and Debt Capacity: A Market Equilibrium Approach (1992)Liquidation Values and Debt C…The Credit Crunch (1991)The Credit CrunchTroubled debt restructurings (1990)Troubled debt restructuringsIndustrialization and the Big Push (1989)Industrialization and the Big…Financing Constraints and Corporate Investment (1988)Financing Constraints and Cor…Corporate financing and investment decisions when firms have information that investors do not have (1984)Corporate financing and inves…Non-Monetary Effects of the Financial Crisis in the Propagation of the Great Depression (1983)Non-Monetary Effects of the F…Tobin's Marginal q and Average q: A Neoclassical Interpretation (1982)Tobin's Marginal q and Averag…Optimal contracts and competitive markets with costly state verification (1979)Optimal contracts and competi…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…Theory of the Firm (1966)Theory of the FirmThe Debt-Deflation Theory of Great Depressions (1933)The Debt-Deflation Theory of …The impact of macroeconomic condition on investment-cash flow sensitivity of Indian firms (2019)The impact of macroeconomic c…Financial Frictions and Employment during the Great Depression (2017)Financial Frictions and Emplo…Financial Distress and Corporate Investment: The Japanese Case in the 90s (2003)Financial Distress and Corpor…The Effect of Macroeconomic Conditions on Banks’ Risk and Profitability (2001)The Effect of Macroeconomic C…More on the credit channel of monetary policy transmission: an international comparison (2000)More on the credit channel of…Financial Fragility: Issues and Policy Implications (1995)Financial Fragility: Issues a…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)Theory of Value (1959)Essays in the Theory of Risk-Bearing. (1972)The Determination of Financial Structure: The Incentive-Signalling Approach (1977)Financial Intermediation and Delegated Monitoring (1984)Agency Costs, Net Worth, And Business Fluctuations (1988)Monitoring and Reputation: The Choice between Bank Loans and Directly Placed Debt (1991)GROWTH, BETA AND AGENCY COSTS AS DETERMINANTS OF DIVIDEND PAYOUT RATIOS (1982)Two Agency-Cost Explanations of Dividends (1984)Corporate performance and managerial remuneration (1985)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)What Do We Know about Capital Structure? Some Evidence from International Data (1995)Financing Constraints and Corporate Investment (1987)Consumption and Liquidity Constraints: An Empirical Investigation (1989)Debt, Liquidity Constraints, and Corporate Investment: Evidence from Panel Data (1992)Inside the Black Box: The Credit Channel of Monetary Policy Transmission (1995)Financial Intermediation, Loanable Funds, and The Real Sector (1997)The Financial Accelerator in a Quantitative Business Cycle Framework (1998)The Nature of the Firm (1937)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Pricing of Options and Corporate Liabilities (1973)Separation of Ownership and Control (1983)Law and Finance (1998)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Determinants of corporate borrowing (1977)The Capital Structure Puzzle (1984)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)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)Threshold effects in non-dynamic panels: Estimation, testing, and inference (1999)New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index (2010)Why do firms differ, and how does it matter? (1991)Capital markets research in accounting (2001)Has Financial Development Made the World Riskier? (2005)Chapter 21 The financial accelerator in a quantitative business cycle framework (1999)Market Liquidity and Funding Liquidity (2008)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1984Corporate financing and investment decisions when firms have information that investors do not have18,936 cited
  • 1996Agency costs of free cash flow, corporate finance, and takeovers9,308 cited
  • 1988Financing Constraints and Corporate Investment5,566 cited
  • 1979Optimal contracts and competitive markets with costly state verification3,201 cited
  • 1982Tobin's Marginal q and Average q: A Neoclassical Interpretation3,178 cited
  • 1992Liquidation Values and Debt Capacity: A Market Equilibrium Approach2,901 cited
  • 1994Monetary Policy, Business Cycles, and the Behavior of Small Manufacturing Firms2,546 cited
  • 1933The Debt-Deflation Theory of Great Depressions2,516 cited
  • 1966Theory of the Firm2,288 cited
  • 1983Non-Monetary Effects of the Financial Crisis in the Propagation of the Great Depression2,173 cited
  • 2024Nonmonetary Effects of the Financial Crisis in the Propagation of the Great Depression1,701 cited
  • 1989Industrialization and the Big Push1,672 cited
  • 1994Financial Distress and Corporate Performance1,660 cited
  • 1991The Credit Crunch

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1,340 cited
  • 1990Troubled debt restructurings1,096 cited
  • Cited by

    • 2001The Effect of Macroeconomic Conditions on Banks’ Risk and Profitability34 cited
    • 1995Financial Fragility: Issues and Policy Implications30 cited
    • 2019The impact of macroeconomic condition on investment-cash flow sensitivity of Indian firms29 cited
    • 2017Financial Frictions and Employment during the Great Depression28 cited
    • 2003Financial Distress and Corporate Investment: The Japanese Case in the 90s24 cited
    • 2000More on the credit channel of monetary policy transmission: an international comparison23 cited