References

• 2001Econometric Analysis of Cross Section and Panel Data27,575 cited
• 1984Corporate financing and investment decisions when firms have information that investors do not have18,936 cited
• 1968FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY14,869 cited
• 1984Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have6,535 cited
• 1988The Determinants of Capital Structure Choice6,108 cited
• 2002Market Timing and Capital Structure3,804 cited
• 2002Testing Trade-Off and Pecking Order Predictions About Dividends and Debt3,396 cited
• 1998The Effect of Audit Quality on Earnings Management*3,243 cited
• 2005The market pricing of accruals quality3,101 cited
• 1998Earnings Management and the Long‐Run Market Performance of Initial Public Offerings2,300 cited
• 2005Partial adjustment toward target capital structures2,038 cited
• 2002Is Information Risk a Determinant of Asset Returns?1,862 cited
• 2001The Debt-Equity Choice1,797 cited
• 1998Earnings management and the underperformance of seasoned equity offerings11We thank Brad Barber (the referee), Randy Beatty, Vic Bernard, K.C. Chan, Kent Daniel, M. DeFond, Laura Field, David Heike, Chuan Yang Hwang, Jonathan Karpoff, S.P. Kothari, Charles Lee, Wayne Mikkelson (the editor), Tim Opler, Krishna Palepu, K. Ramesh, Jay Ritter, Terry Shevlin, Doug Skinner, Sheridan Titman, Ross Watts, Jerry Zimmerman, and seminar participants at the University of California Finance and Accounting Conference (Davis, March 1995), the NBER Corporate Finance Conference (Boston, August 1995), the Center for Research in Security Prices Seminar (Chicago, October 1995), the American Finance Association Conference (San Francisco, 1996), the American Accounting Association Conference (Chicago, August 1996), the University of Michigan, and the University of Rochester for helpful comments and discussions.