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Strategic Responses of Incumbents to New Entry: The Effect of Ownership Structure, Capital structure, and focus
16 references·16 citing·38 second hopsampled
Strategic Responses of Incumbents to New Entry: The Effect of Ownership Structure, Capital structure, and focus (2000)Strategic Responses of Incumbents to New …The Dark Side of Internal Capital Markets: Divisional Rent‐Seeking and Inefficient Investment (2000)The Dark Side of Internal Cap…Do Asset Fire Sales Exist? An Empirical Investigation of Commercial Aircraft Transactions (1998)Do Asset Fire Sales Exist? An…Managerial Entrenchment and Capital Structure Decisions (1997)Managerial Entrenchment and C…Internal Capital Markets and the Competition for Corporate Resources (1997)Internal Capital Markets and …Leverage, investment, and firm growth (1996)Leverage, investment, and fir…SPEED, STEALTH, AND SELECTIVE ATTACK: HOW SMALL FIRMS DIFFER FROM LARGE FIRMS IN COMPETITIVE BEHAVIOR. (1995)SPEED, STEALTH, AND SELECTIVE…Do Financing Constraints Explain Why Investment is Correlated with Cash Flow? (1995)Do Financing Constraints Expl…Diversification's effect on firm value (1995)Diversification's effect on f…Tobin's q, Corporate Diversification, and Firm Performance (1994)Tobin's q, Corporate Diversif…Financial Distress and Corporate Performance (1994)Financial Distress and Corpor…Oligopoly and financial structure: the limited liability effect (1989)Oligopoly and financial struc…Financing Constraints and Corporate Investment (1988)Financing Constraints and Cor…The Structure of Corporate Ownership: Causes and Consequences (1985)The Structure of Corporate Ow…Equilibrium Incentives in Oligopoly (1984)Equilibrium Incentives in Oli…Determinants of corporate borrowing (1977)Determinants of corporate bor…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…How Do Financial Constraints Affect Product Pricing? Evidence from Weather and Life Insurance Premiums (2021)How Do Financial Constraints …Competition, profitability, and discount rates (2021)Competition, profitability, a…Firm Response to Competitive Shocks: Evidence from China’s Minimum Wage Policy (2019)Firm Response to Competitive …Impact of Financial Leverage on the Incidence and Severity of Product Failures: Evidence from Product Recalls (2016)Impact of Financial Leverage …Product market competition and corporate investment: Evidence from China (2015)Product market competition an…How Does Corporate Investment Respond to Increased Entry Threat? (2015)How Does Corporate Investment…The Effect of Supercenter‐format Stores on the Healthfulness of Consumers' Grocery Purchases (2013)The Effect of Supercenter‐for…Brand perception, cash flow stability, and financial policy (2013)Brand perception, cash flow s…The Deep-Pocket Effect of Internal Capital Markets (2012)The Deep-Pocket Effect of Int…Conglomerates and Industry Distress (2011)Conglomerates and Industry Di…The Limitations of Industry Concentration Measures Constructed with Compustat Data: Implications for Finance Research (2008)The Limitations of Industry C…Dancing with a Giant: The Effect of Wal-Mart's Entry into the United Kingdom on the Performance of European Retailers (2008)Dancing with a Giant: The Eff…Capital Structure and Corporate Strategy (2008)Capital Structure and Corpora…Corporate Financial and Investment Policies when Future Financing is Not Frictionless (2006)Corporate Financial and Inves…The Effects of Wal-Mart on Local Labor Markets (2005)The Effects of Wal-Mart on Lo…Financial constraints and product market competition: ex ante vs. ex post incentives (2004)Financial constraints and pro…The Modern Corporation and Private Property (1933)Agency Problems and Residual Claims (1983)Law and Finance (1998)Corporate Ownership Around the World (1999)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Dividend Policy, Growth, and the Valuation of Shares (1961)The Capital Structure Puzzle (1984)Markets and Hierarchies: Analysis and Antitrust Implications. (1976)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)A Survey of Corporate Governance (1997)The theory and practice of corporate finance: evidence from the field (2001)Liquidity and leverage (2008)Who makes acquisitions? CEO overconfidence and the market's reaction☆ (2008)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Higher market valuation of companies with a small board of directors (1996)Investor Protection and Corporate Valuation (2002)Digital Business Strategy: Toward a Next Generation of Insights (2013)Corporate financing and investment decisions when firms have information that investors do not have (1984)The Cross-Section of Expected Stock Returns (1992)The determinants and implications of corporate cash holdings (1999)Default Risk in Equity Returns (2004)In Search of Distress Risk (2008)The Nature of the Firm (1937)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Pricing of Options and Corporate Liabilities (1973)Separation of Ownership and Control (1983)Financing Constraints and Corporate Investment (1987)Enjoying the Quiet Life? Corporate Governance and Managerial Preferences (2003)Agency Problems and the Theory of the Firm (1980)How Big Are the Tax Benefits of Debt? (2000)The choice among bank debt, non-bank private debt, and public debt: evidence from new corporate borrowings (2003)Capital Structure and Stock Returns (2004)Agency costs of free cash flow, corporate finance, and takeovers (1996)Financial and Legal Constraints to Growth: Does Firm Size Matter? (2005)Business Groups in Emerging Markets: Paragons or Parasites? (2007)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)Threshold effects in non-dynamic panels: Estimation, testing, and inference (1999)New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index (2010)
this work references cited by second hop· second hop is a sample of the most-cited connections

References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1977Determinants of corporate borrowing13,160 cited
  • 1985The Structure of Corporate Ownership: Causes and Consequences6,243 cited
  • 1988Financing Constraints and Corporate Investment5,566 cited
  • 1995Diversification's effect on firm value3,069 cited
  • 1994Tobin's q, Corporate Diversification, and Firm Performance2,437 cited
  • 1997Internal Capital Markets and the Competition for Corporate Resources1,779 cited
  • 1994Financial Distress and Corporate Performance1,660 cited
  • 2000The Dark Side of Internal Capital Markets: Divisional Rent‐Seeking and Inefficient Investment1,556 cited
  • 1997Managerial Entrenchment and Capital Structure Decisions1,538 cited
  • 1996Leverage, investment, and firm growth1,304 cited
  • 1989Oligopoly and financial structure: the limited liability effect1,084 cited
  • 1995SPEED, STEALTH, AND SELECTIVE ATTACK: HOW SMALL FIRMS DIFFER FROM LARGE FIRMS IN COMPETITIVE BEHAVIOR.996 cited
  • 1984Equilibrium Incentives in Oligopoly688 cited
  • 1998Do Asset Fire Sales Exist? An Empirical Investigation of Commercial Aircraft Transactions681 cited

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  • 1995Do Financing Constraints Explain Why Investment is Correlated with Cash Flow?602 cited
  • Cited by

    • 2008The Limitations of Industry Concentration Measures Constructed with Compustat Data: Implications for Finance Research419 cited
    • 2005The Effects of Wal-Mart on Local Labor Markets322 cited
    • 2015How Does Corporate Investment Respond to Increased Entry Threat?192 cited
    • 2015Product market competition and corporate investment: Evidence from China163 cited
    • 2013Brand perception, cash flow stability, and financial policy149 cited
    • 2019Firm Response to Competitive Shocks: Evidence from China’s Minimum Wage Policy138 cited
    • 2016Impact of Financial Leverage on the Incidence and Severity of Product Failures: Evidence from Product Recalls124 cited
    • 2011Conglomerates and Industry Distress118 cited
    • 2008Dancing with a Giant: The Effect of Wal-Mart's Entry into the United Kingdom on the Performance of European Retailers116 cited
    • 2006Corporate Financial and Investment Policies when Future Financing is Not Frictionless108 cited
    • 2012The Deep-Pocket Effect of Internal Capital Markets99 cited
    • 2013The Effect of Supercenter‐format Stores on the Healthfulness of Consumers' Grocery Purchases98 cited
    • 2004Financial constraints and product market competition: ex ante vs. ex post incentives91 cited
    • 2021How Do Financial Constraints Affect Product Pricing? Evidence from Weather and Life Insurance Premiums84 cited
    • 2008Capital Structure and Corporate Strategy77 cited
    • 2021Competition, profitability, and discount rates71 cited