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THE COST OF CAPITAL AND OPTIMAL FINANCING OF CORPORATE GROWTH
6 references·9 citing·37 second hop
THE COST OF CAPITAL AND OPTIMAL FINANCING OF CORPORATE GROWTH (1963)THE COST OF CAPITAL AND OPTIMAL FINANCING…Optimal Dividends and Corporate Growth Under Uncertainty (1964)Optimal Dividends and Corpora…The Investment, Financing, and Valuation of the Corporation. (1963)The Investment, Financing, an…The Investment, Financing, and Valuation of the Corporation (1963)The Investment, Financing, an…Dividends, Earnings, Leverage, Stock Prices and the Supply of Capital to Corporations (1962)Dividends, Earnings, Leverage…THEORY OF THE CAPITAL STRUCTURE OF THE FIRM* (1959)THEORY OF THE CAPITAL STRUCTU…On the Theory of Optimal Investment Decision (1958)On the Theory of Optimal Inve…Optimal payout ratio under uncertainty and the flexibility hypothesis: Theory and empirical evidence (2011)Optimal payout ratio under un…Long‐Term Financing Decisions: Views and Practices of Financial Managers of NYSE Firms (1997)Long‐Term Financing Decisions…THE COST OF EQUITY CAPITAL: A RECONSIDERATION (1978)THE COST OF EQUITY CAPITAL: A…THE COST OF EQUITY CAPITAL WITH PERSONAL INCOME TAXES AND FLOTATION COSTS (1978)THE COST OF EQUITY CAPITAL WI…A Chance Constrained Goal Programming Model for Working Capital Management (1977)A Chance Constrained Goal Pro…Some Macroeconomic Consequences of Corporate Equities (1973)Some Macroeconomic Consequenc…On the Theory of Optimal Investment, Dividends, and Growth in the Firm (1973)On the Theory of Optimal Inve…OPTIMAL FINANCING AND CAPITAL STRUCTURE PROGRAMS FOR THE FIRM (1972)OPTIMAL FINANCING AND CAPITAL…LINEAR PROGRAMMING AND CAPITAL BUDGETING MODELS: A NEW INTERPRETATION (1969)LINEAR PROGRAMMING AND CAPITA…The Principle of Increasing Risk (1937)Capital structure and abnormal returns (2011)Finance, Theoretical and Applied (2015)Capital Structure Theory: Past, Present, Future (2023)A BEHAVIORAL MODEL OF RATIONAL CHOICE (1955)A Behavioral Theory of the Firm (1964)Time Series Analysis: Forecasting and Control (1977)Optimal multinational capital budgeting under uncertainty (2011)A mean-risk index model for uncertain capital budgeting (2014)Uncertain mean-variance and mean-semivariance models for optimal project selection and scheduling (2015)Mathematical Programming and the Analysis of Capital Budgeting Problems. (1964)Mathematical Programming and the Analysis of Capital Budgeting Problems. (1965)CAPITAL RATIONING AND EXTERNAL DISCOUNT RATES* (1970)A Determination of the Risk of Ruin (1979)Theory, Models and Implementation in Financial Management (1982)Dividend Policy, Growth, and the Valuation of Shares (1961)Market Reactions to Accounting Policy Deliberations: The Inflation Accounting Case Revisited. (1981)Management of human resources and productivity (1983)Usefulness of the Ideation Principle of Extended Effort in Real World Professional and Managerial Creative Problem Solving* (1986)The Economic Implications of Learning by Doing (1962)The Economic Implications of Learning by Doing (1971)Dividends vs. capital gains under share redemptions (1978)Differences in Education and Earnings Across Racial and Ethnic Groups: Tastes, Discrimination, and Investments in Child Quality (1988)Accounting innovation beyond the enterprise: Problematizing investment decisions and programming economic growth in the U.K. in the 1960s (1991)Capital structure in an emerging stock market: The case of India (2010)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors (1988)Predicting Excess Stock Returns Out of Sample: Can Anything Beat the Historical Average? (2007)Criteria for Programming Investment Project Selection (1966)LEVERAGE, DIVIDEND POLICY, AND THE COST OF CAPITAL (1968)Reaction of Stock Prices to Dividend Announcements and Market Efficiency in Pakistan (2010)An Expected Gain-Confidence Limit Criterion for Portfolio Selection (1963)THE ROLE OF A STOCK MARKET IN A GENERAL EQUILIBRIUM MODEL WITH TECHNOLOGICAL UNCERTAINTY (1978)Dividend Behavior for the Aggregate Stock Market (1987)Intrinsic Bubbles: The Case of Stock Prices (1989)Movements in the Equity Premium (1993)The Finite Horizon Expected Return Model (1997)
this work references cited by second hop

References

  • 1963The Investment, Financing, and Valuation of the Corporation958 cited
  • 1958On the Theory of Optimal Investment Decision608 cited
  • 1963The Investment, Financing, and Valuation of the Corporation.483 cited
  • 1962Dividends, Earnings, Leverage, Stock Prices and the Supply of Capital to Corporations464 cited
  • 1964Optimal Dividends and Corporate Growth Under Uncertainty141 cited
  • 1959THEORY OF THE CAPITAL STRUCTURE OF THE FIRM*83 cited

Cited by

  • 1978THE COST OF EQUITY CAPITAL: A RECONSIDERATION69 cited
  • 1969LINEAR PROGRAMMING AND CAPITAL BUDGETING MODELS: A NEW INTERPRETATION57 cited
  • 1978THE COST OF EQUITY CAPITAL WITH PERSONAL INCOME TAXES AND FLOTATION COSTS53 cited
  • 1977A Chance Constrained Goal Programming Model for Working Capital Management44 cited
  • 2011Optimal payout ratio under uncertainty and the flexibility hypothesis: Theory and empirical evidence41 cited
  • 1997Long‐Term Financing Decisions: Views and Practices of Financial Managers of NYSE Firms38 cited
  • 1972OPTIMAL FINANCING AND CAPITAL STRUCTURE PROGRAMS FOR THE FIRM25 cited
  • 1973On the Theory of Optimal Investment, Dividends, and Growth in the Firm19 cited
  • 1973

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Some Macroeconomic Consequences of Corporate Equities
16 cited