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Hedge Fund Activism and Bank Loan Contracting
16 references·7 citing·43 second hopsampled
Hedge Fund Activism and Bank Loan Contracting (2010)Hedge Fund Activism and Bank Loan Contrac…Creditor control rights and firm investment policy☆ (2009)Creditor control rights and f…Control Rights and Capital Structure: An Empirical Investigation (2009)Control Rights and Capital St…How Does Financing Impact Investment? The Role of Debt Covenants (2008)How Does Financing Impact Inv…Do Shareholder Rights Affect the Cost of Bank Loans? (2008)Do Shareholder Rights Affect …Information Asymmetry and Financing Arrangements: Evidence from Syndicated Loans (2007)Information Asymmetry and Fin…Corporate Misreporting and Bank Loan Contracting (2007)Corporate Misreporting and Ba…Entrepreneurial Shareholder Activism: Hedge Funds and Other Private Investors (2006)Entrepreneurial Shareholder A…The Effects of Corporate Governance on Firms' Credit Ratings (2004)The Effects of Corporate Gove…Governance Mechanisms and Bond Prices (2004)Governance Mechanisms and Bon…Bondholder Wealth Effects in Mergers and Acquisitions: New Evidence from the 1980s and 1990s (2004)Bondholder Wealth Effects in …The Wealth Effects of Repurchases on Bondholders (2003)The Wealth Effects of Repurch…Does the Source of Capital Affect Capital Structure? (2003)Does the Source of Capital Af…The impact of cash flow volatility on discretionary investment and the costs of debt and equity financing (1999)The impact of cash flow volat…Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure (1998)Theory of the Firm: Manageria…Bondholder Losses in Leveraged Buyouts (1993)Bondholder Losses in Leverage…On financial contracting (1979)On financial contractingCaught in the crossfire: How the threat of hedge fund activism affects creditors (2021)Caught in the crossfire: How …Targeted by an activist hedge fund, do the lenders care? (2020)Targeted by an activist hedge…The Game of 'Activist' Hedge Funds: Cui Bono? (2015)The Game of 'Activist' Hedge …The Economics and Finance of Hedge Funds: A Review of the Academic Literature (2015)The Economics and Finance of …Activist hedge funds and firm disclosure (2015)Activist hedge funds and firm…Agency Theory in Practice: a Qualitative Study of Hedge Fund Activism in J apan (2014)Agency Theory in Practice: a …Debtholder Responses to Shareholder Activism: Evidence from Hedge Fund Interventions (2010)Debtholder Responses to Share…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)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Risk, Return, and Equilibrium: Empirical Tests (1973)Econometric Analysis of Cross Section and Panel Data (2001)On Loan Sales, Loan Contracting, and Lending Relationships (2008)The Costs of Being Private: Evidence from the Loan Market (2011)Determinants of Corporate Cash Policy: Insights from Private Firms (2012)FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY (1968)Determinants of corporate borrowing (1977)The theory and practice of corporate finance: evidence from the field (2001)Competition and the cost of debt (2012)Political Connections and the Cost of Bank Loans (2013)Beauty is in the eye of the beholder: The effect of corporate tax avoidance on the cost of bank loans (2014)Moral Hazard and Observability (1979)Financial Intermediation and Delegated Monitoring (1984)Agency Costs, Net Worth, And Business Fluctuations (1988)How Laws and Institutions Shape Financial Contracts: The Case of Bank Loans (2007)Lending Relationships and Loan Contract Terms (2008)The Employment Effects of Credit Market Disruptions: Firm-level Evidence from the 2008–9 Financial Crisis * (2013)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)The role of information and financial reporting in corporate governance and debt contracting (2010)Environmental Externalities and Cost of Capital (2014)A Survey of Corporate Governance (1997)Inside the black box: Bank credit allocation in China’s private sector (2009)From the Stockholder to the Stakeholder: How Sustainability Can Drive Financial Outperformance (2014)The Impact of Climate Change on the Cost of Bank Loans (2020)Corporate financing and investment decisions when firms have information that investors do not have (1984)The Capital Structure Puzzle (1984)The Strength of Corporate Culture and the Reliability of Firm Performance (2002)Corporate precautionary cash holdings (2006)Policy Uncertainty and Corporate Investment (2015)The Nature of the Firm (1937)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Managing Resources: Linking Unique Resources, Management, and Wealth Creation in Family Firms (2003)R2 around the world: New theory and new tests☆ (2005)Over-investment of free cash flow (2006)Renegotiation of financial contracts: Evidence from private credit agreements (2009)Creditor rights and corporate risk-taking (2011)A Review of Empirical Capital Structure Research and Directions for the Future (2011)Friends with money (2011)Liquidity Management and Corporate Investment During a Financial Crisis (2011)
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References

  • 1979On financial contracting2,901 cited
  • 1998Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure2,749 cited
  • 2008How Does Financing Impact Investment? The Role of Debt Covenants2,077 cited
  • 2007Information Asymmetry and Financing Arrangements: Evidence from Syndicated Loans1,572 cited
  • 2007Corporate Misreporting and Bank Loan Contracting1,192 cited
  • 1999The impact of cash flow volatility on discretionary investment and the costs of debt and equity financing903 cited
  • 2009Creditor control rights and firm investment policy☆775 cited
  • 2009Control Rights and Capital Structure: An Empirical Investigation649 cited
  • 2008Do Shareholder Rights Affect the Cost of Bank Loans?420 cited
  • 2003Does the Source of Capital Affect Capital Structure?376 cited
  • 2004Bondholder Wealth Effects in Mergers and Acquisitions: New Evidence from the 1980s and 1990s336 cited
  • 1993Bondholder Losses in Leveraged Buyouts298 cited
  • 2006Entrepreneurial Shareholder Activism: Hedge Funds and Other Private Investors282 cited
  • 2004The Effects of Corporate Governance on Firms' Credit Ratings280 cited
  • 2003The Wealth Effects of Repurchases on Bondholders

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258 cited
  • 2004Governance Mechanisms and Bond Prices237 cited
  • Cited by

    • 2015The Economics and Finance of Hedge Funds: A Review of the Academic Literature52 cited
    • 2010Debtholder Responses to Shareholder Activism: Evidence from Hedge Fund Interventions36 cited
    • 2014Agency Theory in Practice: a Qualitative Study of Hedge Fund Activism in J apan29 cited
    • 2021Caught in the crossfire: How the threat of hedge fund activism affects creditors28 cited
    • 2015Activist hedge funds and firm disclosure25 cited
    • 2020Targeted by an activist hedge fund, do the lenders care?19 cited
    • 2015The Game of 'Activist' Hedge Funds: Cui Bono?16 cited