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A theory of corporate financial decisions with liquidity and solvency concerns
16 references·16 citing·32 second hopsampled
A theory of corporate financial decisions with liquidity and solvency concerns (2010)A theory of corporate financial decisions…The real effects of financial constraints: Evidence from a financial crisis (2010)The real effects of financial…Why Do U.S. Firms Hold So Much More Cash than They Used To? (2009)Why Do U.S. Firms Hold So Muc…Corporate Financial Policy and the Value of Cash (2006)Corporate Financial Policy an…Payout policy in the 21st century (2005)Payout policy in the 21st cen…Do Firms Rebalance Their Capital Structures? (2005)Do Firms Rebalance Their Capi…The Cash Flow Sensitivity of Cash (2004)The Cash Flow Sensitivity of …The determinants and implications of corporate cash holdings (1999)The determinants and implicat…Optimal Capital Structure, Endogenous Bankruptcy, and the Term Structure of Credit Spreads (1996)Optimal Capital Structure, En…Corporate Debt Value, Bond Covenants, and Optimal Capital Structure (1994)Corporate Debt Value, Bond Co…Dynamic Capital Structure Choice: Theory and Tests (1989)Dynamic Capital Structure Cho…The Determinants of Capital Structure Choice (1988)The Determinants of Capital S…Corporate financing and investment decisions when firms have information that investors do not have (1984)Corporate financing and inves…ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)ON THE PRICING OF CORPORATE D…On the Pricing of Corporate Debt: The Risk Structure of Interest Rates (1974)On the Pricing of Corporate D…The Pricing of Options and Corporate Liabilities (1973)The Pricing of Options and Co…DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES (1956)DISTRIBUTION OF INCOMES OF CO…Does green technology innovation benefit corporate financial performance? Investigating the moderating effect of media coverage (2023)Does green technology innovat…Rethinking business performance in global value chains (2022)Rethinking business performan…What Do We Know About Corporate Cash Holdings? A Systematic Analysis (2019)What Do We Know About Corpora…The Concept of Financial Sustainability Measurement: A Case of Food Companies from Northern Europe (2019)The Concept of Financial Sust…Macroeconomic uncertainty, high-level innovation, and urban green development performance in China (2019)Macroeconomic uncertainty, hi…State capitalism and performance persistence of business group-affiliated firms: A comparative study of China and India (2018)State capitalism and performa…The Dynamics of Investment, Payout and Debt (2017)The Dynamics of Investment, P…Short-Term Debt and Incentives for Risk-Taking (2017)Short-Term Debt and Incentive…Real options in finance (2017)Real options in financeCorporate Policies with Permanent and Transitory Shocks (2016)Corporate Policies with Perma…Information Asymmetry and Corporate Cash Holdings (2015)Information Asymmetry and Cor…Robustness of Distance-to-Default (2013)Robustness of Distance-to-Def…Liquidity Management and Corporate Profitability: Case Study of Selected Manufacturing Companies Listed on the Nigerian Stock Exchange (2012)Liquidity Management and Corp…Free Cash Flow, Issuance Costs, and Stock Prices (2011)Free Cash Flow, Issuance Cost…A stochastic frontier approach to modelling financial constraints in firms: An application to India (2011)A stochastic frontier approac…When Do Firms Default? A Study of the Default Boundary (2008)When Do Firms Default? A Stud…The Cost of Capital, Corporation Finance and the Theory of Investment (1958)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)A Closed-Form Solution for Options with Stochastic Volatility with Applications to Bond and Currency Options (1993)Theory of rational option pricing (2005)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Option pricing when underlying stock returns are discontinuous (1976)The valuation of options for alternative stochastic processes (1976)An equilibrium characterization of the term structure (1977)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Significance tests and goodness of fit in the analysis of covariance structures. (1980)Firms, Contracts, and Financial Structure (1995)A Survey of Corporate Governance (1997)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency costs of free cash flow, corporate finance, and takeovers (1996)Corporate Governance and Equity Prices (2003)Costly external finance, corporate investment, and the subprime mortgage credit crisis (2010)Product Market Threats, Payouts, and Financial Flexibility (2012)Feverish Stock Price Reactions to COVID-19* (2020)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Determinants of corporate borrowing (1977)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)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)New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index (2010)Corporate social responsibility and access to finance (2013)Risk, Return, and Equilibrium: Empirical Tests (1973)The cost of capital, corporation finance and the theory of investment (2008)A Simple Approach to Valuing Risky Fixed and Floating Rate Debt (1995)The Determinants of Credit Spread Changes (2001)The Behavior of Stock-Market Prices (1965)The Capital Structure Puzzle (1984)
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References

  • 1973The Pricing of Options and Corporate Liabilities29,064 cited
  • 1984Corporate financing and investment decisions when firms have information that investors do not have18,936 cited
  • 1974ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES*10,779 cited
  • 1988The Determinants of Capital Structure Choice6,108 cited
  • 1999The determinants and implications of corporate cash holdings3,910 cited
  • 2004The Cash Flow Sensitivity of Cash3,523 cited
  • 1956DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES3,426 cited
  • 2009Why Do U.S. Firms Hold So Much More Cash than They Used To?2,896 cited
  • 1974On the Pricing of Corporate Debt: The Risk Structure of Interest Rates2,752 cited
  • 1994Corporate Debt Value, Bond Covenants, and Optimal Capital Structure2,732 cited
  • 2010The real effects of financial constraints: Evidence from a financial crisis2,298 cited
  • 2005Payout policy in the 21st century2,268 cited
  • 1996Optimal Capital Structure, Endogenous Bankruptcy, and the Term Structure of Credit Spreads1,962 cited
  • 2006Corporate Financial Policy and the Value of Cash1,642 cited
  • 1989Dynamic Capital Structure Choice: Theory and Tests

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1,572 cited
  • 2005Do Firms Rebalance Their Capital Structures?1,495 cited
  • Cited by

    • 2019Macroeconomic uncertainty, high-level innovation, and urban green development performance in China219 cited
    • 2011Free Cash Flow, Issuance Costs, and Stock Prices165 cited
    • 2012Liquidity Management and Corporate Profitability: Case Study of Selected Manufacturing Companies Listed on the Nigerian Stock Exchange122 cited
    • 2018State capitalism and performance persistence of business group-affiliated firms: A comparative study of China and India121 cited
    • 2017Short-Term Debt and Incentives for Risk-Taking100 cited
    • 2019The Concept of Financial Sustainability Measurement: A Case of Food Companies from Northern Europe99 cited
    • 2015Information Asymmetry and Corporate Cash Holdings94 cited
    • 2017The Dynamics of Investment, Payout and Debt94 cited
    • 2008When Do Firms Default? A Study of the Default Boundary94 cited
    • 2017Real options in finance85 cited
    • 2016Corporate Policies with Permanent and Transitory Shocks82 cited
    • 2013Robustness of Distance-to-Default78 cited
    • 2019What Do We Know About Corporate Cash Holdings? A Systematic Analysis71 cited
    • 2011A stochastic frontier approach to modelling financial constraints in firms: An application to India66 cited
    • 2022Rethinking business performance in global value chains62 cited
    • 2023Does green technology innovation benefit corporate financial performance? Investigating the moderating effect of media coverage60 cited