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Determinants of the level of indebtedness for Brazilian firms: A quantile regression approach
16 references·1 citing·22 second hop
Determinants of the level of indebtedness for Brazilian firms: A quantile regression approach (2013)Determinants of the level of indebtedness…The cost of capital, corporation finance and the theory of investment (2008)The cost of capital, corporat…Testing Trade-Off and Pecking Order Predictions About Dividends and Debt (2002)Testing Trade-Off and Pecking…Market Timing and Capital Structure (2002)Market Timing and Capital Str…What Do We Know about Capital Structure? Some Evidence from International Data (1995)What Do We Know about Capital…The Theory of Capital Structure (1991)The Theory of Capital Structu…Managerial discretion and optimal financing policies (1990)Managerial discretion and opt…The Determinants of Capital Structure Choice (1988)The Determinants of Capital S…Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency Costs of Free Cash Flo…The Capital Structure Puzzle (1984)The Capital Structure PuzzleThe Capital Structure Puzzle (1984)The Capital Structure PuzzleCorporate financing and investment decisions when firms have information that investors do not have (1984)Corporate financing and inves…Optimal capital structure under corporate and personal taxation (1980)Optimal capital structure und…The Determination of Financial Structure: The Incentive-Signalling Approach (1977)The Determination of Financia…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…Risk, Return, and Equilibrium: Empirical Tests (1973)Risk, Return, and Equilibrium…The Cost of Capital, Corporation Finance and the Theory of Investment (1958)The Cost of Capital, Corporat…Determinants of Financial Sustainability in Chinese Firms: A Quantile Regression Approach (2022)Determinants of Financial Sus…CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Behavior of Stock-Market Prices (1965)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)Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)Significance tests and goodness of fit in the analysis of covariance structures. (1980)Firms, Contracts, and Financial Structure (1995)The theory and practice of corporate finance: evidence from the field (2001)DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES (1956)Law and Finance (1998)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)The Nature of the Firm (1937)The Pricing of Options and Corporate Liabilities (1973)Separation of Ownership and Control (1983)Determinants of corporate borrowing (1977)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)The Cross-Section of Expected Stock Returns (1992)Corporate Ownership Around the World (1999)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)A Survey of Corporate Governance (1997)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)
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References

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  • 1984Corporate financing and investment decisions when firms have information that investors do not have18,936 cited
  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 1958The Cost of Capital, Corporation Finance and the Theory of Investment14,494 cited
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  • 2002Market Timing and Capital Structure3,804 cited
  • 1990Managerial discretion and optimal financing policies3,679 cited
  • 2002Testing Trade-Off and Pecking Order Predictions About Dividends and Debt3,396 cited
  • 1984The Capital Structure Puzzle3,151 cited

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  • 1980Optimal capital structure under corporate and personal taxation2,906 cited
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    • 2022Determinants of Financial Sustainability in Chinese Firms: A Quantile Regression Approach15 cited