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The Loan Commitment as an Optimal Financing Contract
6 references·16 citing·49 second hopsampled
The Loan Commitment as an Optimal Financing Contract (1991)The Loan Commitment as an Optimal Financi…Product Market Imperfections and Loan Commitments (1990)Product Market Imperfections …Competition, risk neutrality and loan commitments (1987)Competition, risk neutrality …Fixed Rate Loan Commitments, Take-Down Risk, and the Dynamics of Hedging with Futures (1983)Fixed Rate Loan Commitments, …Theories of Corporate Debt Policy: A Synthesis (1979)Theories of Corporate Debt Po…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…The commitment problem of secured lending (2016)The commitment problem of sec…Liquidity: How Banks Create It and How It Should Be Regulated (2013)Liquidity: How Banks Create I…MANAGING CORPORATE LIQUIDITY: STRATEGIES AND PRICING IMPLICATIONS (2011)MANAGING CORPORATE LIQUIDITY:…How Committed Are Bank Lines of Credit? Experiences in the Subprime Mortgage Crisis (2010)How Committed Are Bank Lines …Bank Market Power and SME Financing Constraints (2006)Bank Market Power and SME Fin…Debt Maturity, Risk, and Asymmetric Information (2005)Debt Maturity, Risk, and Asym…Loan Commitments and Private Firms (2004)Loan Commitments and Private …Debt Maturity, Risk, and Asymmetric Information (2004)Debt Maturity, Risk, and Asym…Les relations bancaires de long terme (2001)Les relations bancaires de lo…Analytical Issues in External Financing Alternatives for SBEs (1999)Analytical Issues in External…Optimal Maturity Structure with Multiple Debt Claims (1994)Optimal Maturity Structure wi…The off-balance sheet banking risk of large U.S. commercial banks (1993)The off-balance sheet banking…Loan commitments, investment decisions and the signalling equilibrium (1993)Loan commitments, investment …Debt and warrants: Agency problems and mechanism design (1992)Debt and warrants: Agency pro…Off-balance sheet liabilities, deposit insurance and capital regulation (1991)Off-balance sheet liabilities…Loan Commitments and Monetary Policy (1987)Loan Commitments and Monetary…The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Corporate financing and investment decisions when firms have information that investors do not have (1984)The choice between bank debt and trade credits in business start-ups (2007)Access to Finance by Small and Medium Enterprises: a Cross‐Country Analysis with A New Data Set (2012)The impact of venture capital on family businesses: Evidence from Spain (2012)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)A Survey of Corporate Governance (1997)Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations (1991)Another look at the instrumental variable estimation of error-components models (1995)Initial conditions and moment restrictions in dynamic panel data models (1995)Bank Lending, Financing Constraints and SME Investment (2008)How Bank Competition Affects Firms’ Access to Finance (2012)Supporting small firms through recessions and recoveries (2023)Credit Rationing in Markets with Imperfect Information (1981)Financial Intermediation and Delegated Monitoring (1984)Loan commitments and bank risk exposure (1991)The design of financial systems: An overview (1996)Access to Liquidity and Corporate Investment in Europe during the Financial Crisis (2011)Non-Cooperative Games (1951)Reexamination of the perfectness concept for equilibrium points in extensive games (1975)Non-cooperative games (1989)Chapter 27 Financial structure and product market competition (1995)THEORIES OF THE BANKING FIRM: A REVIEW OF THE LITERATURE* (1996)Relationship Lending and Lines of Credit in Small Firm Finance (1995)The determinants and implications of corporate cash holdings (1999)The Cash Flow Sensitivity of Cash (2004)Liquidity Shocks, Local Banks, and Economic Activity: Evidence from the 2007-2009 Crisis (2010)Banking and Trading (2012)Basel Committee on Banking Supervision (2016)Optimum consumption and portfolio rules in a continuous-time model (1971)The Determinants of Bank Interest Margins: Theory and Empirical Evidence (1981)The relation between forward prices and futures prices (1981)An economic rationale for the pricing structure of bank loan commitments (1987)On the Optimal Hedge of a Nontraded Cash Position (1988)An analytic derivation of the cost of deposit insurance and loan guarantees An application of modern option pricing theory (1977)Regulation of Bank Capital and Portfolio Risk (1980)Banks, Risk, and FAS105 Disclosures (1996)Nontraditional activities and bank efficiency revisited: a distributional analysis for Spanish financial institutions (2003)The use of financial derivatives and risks of U.S. bank holding companies (2014)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)Law and Finance (1998)Financial leverage clienteles (1979)Miller's Equilibrium, Shareholder Leverage Clienteles, and Optimal Capital Structure (1982)Capital structure and small public firms (1991)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1977Determinants of corporate borrowing13,160 cited
  • 1987Competition, risk neutrality and loan commitments170 cited
  • 1990Product Market Imperfections and Loan Commitments97 cited
  • 1979Theories of Corporate Debt Policy: A Synthesis87 cited
  • 1983Fixed Rate Loan Commitments, Take-Down Risk, and the Dynamics of Hedging with Futures76 cited

Cited by

  • 1999Analytical Issues in External Financing Alternatives for SBEs79 cited
  • 1991Off-balance sheet liabilities, deposit insurance and capital regulation74 cited
  • 2006Bank Market Power and SME Financing Constraints65 cited
  • 2010How Committed Are Bank Lines of Credit? Experiences in the Subprime Mortgage Crisis52 cited
  • 1993The off-balance sheet banking risk of large U.S. commercial banks43 cited
  • 2013Liquidity: How Banks Create It and How It Should Be Regulated33 cited
  • 2011MANAGING CORPORATE LIQUIDITY: STRATEGIES AND PRICING IMPLICATIONS29 cited
  • 1992Debt and warrants: Agency problems and mechanism design27 cited
  • 2001Les relations bancaires de long terme

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27 cited
  • 1993Loan commitments, investment decisions and the signalling equilibrium26 cited
  • 1994Optimal Maturity Structure with Multiple Debt Claims25 cited
  • 2004Loan Commitments and Private Firms22 cited
  • 2004Debt Maturity, Risk, and Asymmetric Information20 cited
  • 2016The commitment problem of secured lending19 cited
  • 2005Debt Maturity, Risk, and Asymmetric Information17 cited
  • 1987Loan Commitments and Monetary Policy14 cited