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Where Do Financial Constraints Originate from? An Empirical Analysis of Adverse Selection and Moral Hazard in Capital Markets
16 references·16 citing·39 second hopsampled
Where Do Financial Constraints Originate from? An Empirical Analysis of Adverse Selection and Moral Hazard in Capital Markets (2006)Where Do Financial Constraints Originate …The Cash Flow Sensitivity of Cash (2004)The Cash Flow Sensitivity of …When Does the Market Matter? Stock Prices and the Investment of Equity-Dependent Firms (2003)When Does the Market Matter? …The Financing of Research and Development (2002)The Financing of Research and…Rating Banks: Risk and Uncertainty in an Opaque Industry (2002)Rating Banks: Risk and Uncert…Is the Growth of Small Firms Constrained by Internal Finance? (2002)Is the Growth of Small Firms …Econometric Analysis of Cross Section and Panel Data (2001)Econometric Analysis of Cross…Agency, Information and Corporate Investment (2001)Agency, Information and Corpo…Testing for Asymmetric Information in Insurance Markets (2000)Testing for Asymmetric Inform…Assessing the Contribution of Venture Capital to Innovation (2000)Assessing the Contribution of…The economics of small business finance: The roles of private equity and debt markets in the financial growth cycle (1998)The economics of small busine…Capital-Market Imperfections and Investment (1997)Capital-Market Imperfections …The Effect of Credit Market Competition on Lending Relationships (1995)The Effect of Credit Market C…The Benefits of Lending Relationships: Evidence from Small Business Data (1994)The Benefits of Lending Relat…Reputation Acquisition in Debt Markets (1989)Reputation Acquisition in Deb…An Estimated Model of Entrepreneurial Choice under Liquidity Constraints (1989)An Estimated Model of Entrepr…Credit Rationing in Markets with Imperfect Information (1981)Credit Rationing in Markets w…Financing constraints and SME growth: the suppression effect of cost-saving management innovations (2023)Financing constraints and SME…Moral Hazard and Strategic Default: Evidence from Greek Corporate Loans (2022)Moral Hazard and Strategic De…Heterogeneity and state dependence in firms’ access to bank credit (2021)Heterogeneity and state depen…A model of credit constraint for MSMEs in India (2019)A model of credit constraint …The Use of SME Tax Incentives in the European Union (2017)The Use of SME Tax Incentives…The role of financial constraints for alternative firm exit modes (2017)The role of financial constra…Life-cycle effects in small business finance (2017)Life-cycle effects in small b…Economic forecast and corporate leverage choices: The role of the institutional environment (2017)Economic forecast and corpora…Accounting information quality and trust as determinants of credit granting to SMEs: the role of external audit (2017)Accounting information qualit…Financing small and medium enterprises in Asia and the Pacific (2015)Financing small and medium en…Financial constraints, bank concentration and SMEs: evidence from Pakistan (2015)Financial constraints, bank c…Government co-financed 'Hybrid' Venture Capital programmes: generalizing developed economy experience and its relevance to emerging nations (2012)Government co-financed 'Hybri…Innovation, Tangible and Intangible Resources: The ‘Space of Slacks Interaction’ (2011)Innovation, Tangible and Inta…Credit market equilibrium theory and evidence: Revisiting the structural versus reduced form credit risk model debate (2010)Credit market equilibrium the…Credit granting to small firms: A Brazilian case (2009)Credit granting to small firm…Public Financing of Young Innovative Companies in Finland (2007)Public Financing of Young Inn…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Increasing Returns and Long-Run Growth (1986)Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations (1991)Financing Innovation and Growth: Cash Flow, External Equity, and the 1990s R&D Boom (2009)The Financing of R&D and Innovation (2010)Innovation in the pharmaceutical industry: New estimates of R&D costs (2016)Increases in risk and in risk aversion (1974)Risk Sharing and Incentives in the Principal and Agent Relationship (1979)Financial Dependence and Growth (1996)Determinants of corporate borrowing (1977)Financial Intermediation and Delegated Monitoring (1984)Relationship Banking: What Do We Know? (2000)Does Distance Still Matter? The Information Revolution in Small Business Lending (2002)The great reversals: the politics of financial development in the twentieth century (2003)Financing Constraints and Corporate Investment (1988)Survival of the Fittest? Entrepreneurial Human Capital and the Persistence of Underperforming Firms (1997)What Makes an Entrepreneur? (1998)Prior Knowledge and the Discovery of Entrepreneurial Opportunities (2000)The Theory of Economic Development (2003)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Corporate financing and investment decisions when firms have information that investors do not have (1984)Small Business Credit Availability and Relationship Lending: The Importance of Bank Organisational Structure (2002)Does function follow organizational form? Evidence from the lending practices of large and small banks (2005)Small and medium-size enterprises: Access to finance as a growth constraint (2006)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)The General Theory of Employment, Interest and Money. (1936)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)The theory and practice of corporate finance: evidence from the field (2001)Why Do U.S. Firms Hold So Much More Cash than They Used To? (2009)New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index (2010)Law, finance, and economic growth in China (2005)The dynamics of crowdfunding: An exploratory study (2013)Technological Innovation, Resource Allocation, and Growth* (2017)Bank regulation and supervision: what works best? (2003)CEO Overconfidence and Corporate Investment (2005)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 2001Econometric Analysis of Cross Section and Panel Data27,575 cited
  • 1981Credit Rationing in Markets with Imperfect Information12,762 cited
  • 1994The Benefits of Lending Relationships: Evidence from Small Business Data5,434 cited
  • 1998The economics of small business finance: The roles of private equity and debt markets in the financial growth cycle3,690 cited
  • 2004The Cash Flow Sensitivity of Cash3,523 cited
  • 1989An Estimated Model of Entrepreneurial Choice under Liquidity Constraints3,318 cited
  • 1995The Effect of Credit Market Competition on Lending Relationships3,294 cited
  • 1997Capital-Market Imperfections and Investment2,600 cited
  • 2000Assessing the Contribution of Venture Capital to Innovation2,098 cited
  • 2002The Financing of Research and Development1,800 cited
  • 1989Reputation Acquisition in Debt Markets1,627 cited
  • 2001Agency, Information and Corporate Investment1,350 cited
  • 2002Rating Banks: Risk and Uncertainty in an Opaque Industry1,244 cited
  • 2003When Does the Market Matter? Stock Prices and the Investment of Equity-Dependent Firms1,143 cited
  • 2002Is the Growth of Small Firms Constrained by Internal Finance?1,100 cited

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  • 2000Testing for Asymmetric Information in Insurance Markets1,001 cited
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    • 2015Financing small and medium enterprises in Asia and the Pacific102 cited
    • 2009Credit granting to small firms: A Brazilian case76 cited
    • 2017Accounting information quality and trust as determinants of credit granting to SMEs: the role of external audit69 cited
    • 2023Financing constraints and SME growth: the suppression effect of cost-saving management innovations54 cited
    • 2011Innovation, Tangible and Intangible Resources: The ‘Space of Slacks Interaction’47 cited
    • 2017Life-cycle effects in small business finance39 cited
    • 2019A model of credit constraint for MSMEs in India35 cited
    • 2010Credit market equilibrium theory and evidence: Revisiting the structural versus reduced form credit risk model debate34 cited
    • 2017The role of financial constraints for alternative firm exit modes33 cited
    • 2017The Use of SME Tax Incentives in the European Union32 cited
    • 2022Moral Hazard and Strategic Default: Evidence from Greek Corporate Loans28 cited
    • 2007Public Financing of Young Innovative Companies in Finland27 cited
    • 2017Economic forecast and corporate leverage choices: The role of the institutional environment25 cited
    • 2015Financial constraints, bank concentration and SMEs: evidence from Pakistan24 cited
    • 2021Heterogeneity and state dependence in firms’ access to bank credit23 cited
    • 2012Government co-financed 'Hybrid' Venture Capital programmes: generalizing developed economy experience and its relevance to emerging nations21 cited