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Bank dependence and financial constraints on investment: Evidence from the corporate bond market paralysis in Japan
16 references·3 citing·31 second hop
Bank dependence and financial constraints on investment: Evidence from the corporate bond market paralysis in Japan (2013)Bank dependence and financial constraints…Zombie Lending and Depressed Restructuring in Japan (2008)Zombie Lending and Depressed …What Do a Million Observations on Banks Say About the Transmission of Monetary Policy? (2000)What Do a Million Observation…Relationship Banking: What Do We Know? (2000)Relationship Banking: What Do…Private and Public Supply of Liquidity (1998)Private and Public Supply of …Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)Do Investment-Cash Flow Sensi…Cash Flow and Investment: Evidence from Internal Capital Markets (1997)Cash Flow and Investment: Evi…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…Monetary Policy, Business Cycles, and the Behavior of Small Manufacturing Firms (1994)Monetary Policy, Business Cyc…Insiders and Outsiders: The Choice between Informed and Arm's-Length Debt (1992)Insiders and Outsiders: The C…Monitoring and Reputation: The Choice between Bank Loans and Directly Placed Debt (1991)Monitoring and Reputation: Th…Corporate Structure, Liquidity, and Investment: Evidence from Japanese Industrial Groups (1991)Corporate Structure, Liquidit…Asymmetric Information, Bank Lending and Implicit Contracts: A Stylized Model of Customer Relationships (1990)Asymmetric Information, Bank …Financing Constraints and Corporate Investment (1988)Financing Constraints and Cor…Financing Constraints and Corporate Investment (1987)Financing Constraints and Cor…Asymmetric Information and Risky Debt Maturity Choice (1986)Asymmetric Information and Ri…Financial constraints, capital misallocation and firm’s total factor productivity (TFP) loss – empirical evidence from listed manufacturing companies in China (2023)Financial constraints, capita…Did financing constraints cause investment stagnation in Japan after the 1990s? (2020)Did financing constraints cau…The objective function of government-controlled banks in a financial crisis (2018)The objective function of gov…Determinants of corporate borrowing (1977)Credit Rationing in Markets with Imperfect Information (1981)Financial Intermediation and Delegated Monitoring (1984)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)Two Agency-Cost Explanations of Dividends (1984)What Do We Know about Capital Structure? Some Evidence from International Data (1995)A Survey of Corporate Governance (1997)Optimal contracts and competitive markets with costly state verification (1979)Reputation and imperfect information (1982)Financial Intermediation, Loanable Funds, and The Real Sector (1997)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Corporate financing and investment decisions when firms have information that investors do not have (1984)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)The Financial Accelerator in a Quantitative Business Cycle Framework (1998)Managing with Style: The Effect of Managers on Firm Policies (2003)New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index (2010)Bank Runs, Deposit Insurance, and Liquidity (1983)Small Business Credit Availability and Relationship Lending: The Importance of Bank Organisational Structure (2002)Distance, Lending Relationships, and Competition (2005)How does capital affect bank performance during financial crises? (2013)The federal funds rate and the channels of monetary transmission (1989)Inside the Black Box: The Credit Channel of Monetary Policy Transmission (1995)Does function follow organizational form? Evidence from the lending practices of large and small banks (2005)Liquidity and leverage (2008)Tracing the Impact of Bank Liquidity Shocks: Evidence from an Emerging Market (2008)Consumption and Liquidity Constraints: An Empirical Investigation (1989)Debt, Liquidity Constraints, and Corporate Investment: Evidence from Panel Data (1992)Agency costs of free cash flow, corporate finance, and takeovers (1996)Bank regulation and supervision: what works best? (2003)Threshold effects in non-dynamic panels: Estimation, testing, and inference (1999)
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References

  • 1997Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints?6,790 cited
  • 1988Financing Constraints and Corporate Investment5,566 cited
  • 1994The Benefits of Lending Relationships: Evidence from Small Business Data5,434 cited
  • 1987Financing Constraints and Corporate Investment4,354 cited
  • 1992Insiders and Outsiders: The Choice between Informed and Arm's-Length Debt3,902 cited
  • 1995The Effect of Credit Market Competition on Lending Relationships3,294 cited
  • 1991Monitoring and Reputation: The Choice between Bank Loans and Directly Placed Debt3,294 cited
  • 1994Monetary Policy, Business Cycles, and the Behavior of Small Manufacturing Firms2,546 cited
  • 2000What Do a Million Observations on Banks Say About the Transmission of Monetary Policy?2,505 cited
  • 2000Relationship Banking: What Do We Know?2,367 cited
  • 1991Corporate Structure, Liquidity, and Investment: Evidence from Japanese Industrial Groups2,361 cited
  • 1990Asymmetric Information, Bank Lending and Implicit Contracts: A Stylized Model of Customer Relationships2,333 cited
  • 1998Private and Public Supply of Liquidity1,821 cited
  • 2008Zombie Lending and Depressed Restructuring in Japan1,552 cited
  • 1986

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Asymmetric Information and Risky Debt Maturity Choice
1,203 cited
  • 1997Cash Flow and Investment: Evidence from Internal Capital Markets1,143 cited
  • Cited by

    • 2023Financial constraints, capital misallocation and firm’s total factor productivity (TFP) loss – empirical evidence from listed manufacturing companies in China29 cited
    • 2018The objective function of government-controlled banks in a financial crisis29 cited
    • 2020Did financing constraints cause investment stagnation in Japan after the 1990s?19 cited