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Leverage, Debt Maturity and Firm Investment: An Empirical Analysis
16 references·16 citing·24 second hopsampled
Leverage, Debt Maturity and Firm Investment: An Empirical Analysis (2010)Leverage, Debt Maturity and Firm Investme…A finite sample correction for the variance of linear efficient two-step GMM estimators (2004)A finite sample correction fo…Econometric Analysis of Cross Section and Panel Data (2001)Econometric Analysis of Cross…Initial conditions and moment restrictions in dynamic panel data models (1998)Initial conditions and moment…Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)Do Investment-Cash Flow Sensi…Agency costs of free cash flow, corporate finance, and takeovers (1996)Agency costs of free cash flo…What Do We Know about Capital Structure? Some Evidence from International Data (1995)What Do We Know about Capital…Initial conditions and moment restrictions in dynamic panel data models (1995)Initial conditions and moment…The Theory of Capital Structure (1991)The Theory of Capital Structu…Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations (1991)Some Tests of Specification f…The Determinants of Capital Structure Choice (1988)The Determinants of Capital S…Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency Costs of Free Cash Flo…Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have (1984)Corporate Financing and Inves…Corporate financing and investment decisions when firms have information that investors do not have (1984)Corporate financing and inves…Determinants of corporate borrowing (1977)Determinants of corporate bor…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…The Cost of Capital, Corporation Finance and the Theory of Investment (1958)The Cost of Capital, Corporat…Firm-level political risk and corporate leverage decisions (2022)Firm-level political risk and…Determinants and consequences of debt maturity structure: A systematic review of the international literature (2022)Determinants and consequences…Trade policy uncertainty and firm risk taking (2021)Trade policy uncertainty and …Do asymmetric information and leverage affect investment decisions? (2021)Do asymmetric information and…Does Cultural Difference Affect Investment–Cash Flow Sensitivity? Evidence from OECD Countries (2020)Does Cultural Difference Affe…Market sentiment and firm investment decision-making (2019)Market sentiment and firm inv…Leverage and firm investment: the role of information asymmetry and growth (2019)Leverage and firm investment:…Board diversity and corporate risk: evidence from China (2019)Board diversity and corporate…Corporate debt and investment with financial constraints: Vietnamese listed firms (2018)Corporate debt and investment…Capital structure and firm performance in European SMEs (2018)Capital structure and firm pe…Institutional Investors on Boards: Does Their Behavior Influence Corporate Finance? (2015)Institutional Investors on Bo…Debt Maturity Structure and Accounting Conservatism (2014)Debt Maturity Structure and A…Private Equity, Buy‐outs and Insolvency Risk (2013)Private Equity, Buy‐outs and …An empirical analysis of zero-leverage firms: New evidence from the UK (2013)An empirical analysis of zero…Is there Really No Conglomerate Discount? (2011)Is there Really No Conglomera…Financing Decisions along a Firm’s Life-cycle: Debt as a Commitment Device (2011)Financing Decisions along a F…Dividend Policy, Growth, and the Valuation of Shares (1961)The Capital Structure Puzzle (1984)A Survey of Corporate Governance (1997)Specification Tests in Econometrics (1978)DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES (1956)Law and Finance (1998)Autoregressive Conditional Heteroscedasticity with Estimates of the Variance of United Kingdom Inflation (1982)Another look at the instrumental variable estimation of error-components models (1995)Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches (2008)Corporate social responsibility and access to finance (2013)The China Syndrome: Local Labor Market Effects of Import Competition in the United States (2013)Biases in Dynamic Models with Fixed Effects (1981)How to do Xtabond2: An Introduction to Difference and System GMM in Stata (2009)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)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)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Does Corporate Social Responsibility Affect the Cost of Capital? (2010)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1991Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations33,089 cited
  • 2001Econometric Analysis of Cross Section and Panel Data27,575 cited
  • 1998Initial conditions and moment restrictions in dynamic panel data models22,547 cited
  • 1984Corporate financing and investment decisions when firms have information that investors do not have18,936 cited
  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 1995Initial conditions and moment restrictions in dynamic panel data models14,749 cited
  • 1958The Cost of Capital, Corporation Finance and the Theory of Investment14,494 cited
  • 1977Determinants of corporate borrowing13,160 cited
  • 1996Agency costs of free cash flow, corporate finance, and takeovers9,308 cited
  • 1997Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints?6,790 cited
  • 1984Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have6,535 cited
  • 1995What Do We Know about Capital Structure? Some Evidence from International Data6,527 cited
  • 1988The Determinants of Capital Structure Choice6,108 cited

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  • 2004A finite sample correction for the variance of linear efficient two-step GMM estimators5,973 cited
  • 1991The Theory of Capital Structure4,371 cited
  • Cited by

    • 2013An empirical analysis of zero-leverage firms: New evidence from the UK134 cited
    • 2018Capital structure and firm performance in European SMEs83 cited
    • 2019Board diversity and corporate risk: evidence from China70 cited
    • 2011Financing Decisions along a Firm’s Life-cycle: Debt as a Commitment Device63 cited
    • 2011Is there Really No Conglomerate Discount?61 cited
    • 2014Debt Maturity Structure and Accounting Conservatism60 cited
    • 2021Do asymmetric information and leverage affect investment decisions?58 cited
    • 2019Leverage and firm investment: the role of information asymmetry and growth53 cited
    • 2022Firm-level political risk and corporate leverage decisions49 cited
    • 2018Corporate debt and investment with financial constraints: Vietnamese listed firms49 cited
    • 2019Market sentiment and firm investment decision-making49 cited
    • 2015Institutional Investors on Boards: Does Their Behavior Influence Corporate Finance?47 cited
    • 2013Private Equity, Buy‐outs and Insolvency Risk47 cited
    • 2022Determinants and consequences of debt maturity structure: A systematic review of the international literature45 cited
    • 2020Does Cultural Difference Affect Investment–Cash Flow Sensitivity? Evidence from OECD Countries42 cited
    • 2021Trade policy uncertainty and firm risk taking41 cited