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Do Asset Fire Sales Exist? An Empirical Investigation of Commercial Aircraft Transactions
16 references·16 citing·31 second hopsampled
Do Asset Fire Sales Exist? An Empirical Investigation of Commercial Aircraft Transactions (1998)Do Asset Fire Sales Exist? An Empirical I…Investment–Cash Flow Sensitivities: Constrained versus Unconstrained Firms (2004)Investment–Cash Flow Sensitiv…Capital-Market Imperfections and Investment (1997)Capital-Market Imperfections …Debt and the marginal tax rate (1996)Debt and the marginal tax rateFinancial Distress and Corporate Performance (1994)Financial Distress and Corpor…Anatomy of Financial Distress: An Examination of Junk-Bond Issuers (1994)Anatomy of Financial Distress…Liquidation Values and Debt Capacity: A Market Equilibrium Approach (1992)Liquidation Values and Debt C…Financing Constraints and Corporate Investment (1988)Financing Constraints and Cor…Financing Constraints and Corporate Investment (1987)Financing Constraints and Cor…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…A Further Empirical Investigation of the Bankruptcy Cost Question (1984)A Further Empirical Investiga…Determinants of corporate borrowing (1977)Determinants of corporate bor…Bankruptcy Costs: Some Evidence (1977)Bankruptcy Costs: Some Eviden…BANKRUPTCY COSTS: SOME EVIDENCE (1977)BANKRUPTCY COSTS: SOME EVIDEN…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…Access to Collateral and Corporate Debt Structure: Evidence from a Natural Experiment (2013)Access to Collateral and Corp…Competition and the cost of debt (2012)Competition and the cost of d…The Seeds of a Crisis: A Theory of Bank Liquidity and Risk-Taking Over the Business Cycle (2011)The Seeds of a Crisis: A Theo…Regulatory pressure and fire sales in the corporate bond market (2011)Regulatory pressure and fire …Fire Sales in Finance and Macroeconomics (2011)Fire Sales in Finance and Mac…The subprime credit crisis and contagion in financial markets (2010)The subprime credit crisis an…Role of Managerial Incentives and Discretion in Hedge Fund Performance (2009)Role of Managerial Incentives…Inefficient Credit Booms (2008)Inefficient Credit BoomsDoes industry-wide distress affect defaulted firms? Evidence from creditor recoveries (2007)Does industry-wide distress a…Too many to fail—An analysis of time-inconsistency in bank closure policies (2006)Too many to fail—An analysis …The Costs of Bankruptcy: Chapter 7 Liquidation versus Chapter 11 Reorganization (2006)The Costs of Bankruptcy: Chap…Firm Value and Hedging: Evidence from U.S. Oil and Gas Producers (2006)Firm Value and Hedging: Evide…Asset Fire Sales (and Purchases) in Equity Markets (2005)Asset Fire Sales (and Purchas…Market liquidity as a sentiment indicator (2004)Market liquidity as a sentime…Are Mergers Beneficial to Consumers? Evidence from the Market for Bank Deposits (2003)Are Mergers Beneficial to Con…Inefficient Markets (2000)Inefficient MarketsThe Cost of Capital, Corporation Finance and the Theory of Investment (1958)The Determinants of Capital Structure Choice (1988)What Do We Know about Capital Structure? Some Evidence from International Data (1995)The theory and practice of corporate finance: evidence from the field (2001)Dividend Policy, Growth, and the Valuation of Shares (1961)A Survey of Corporate Governance (1997)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)The Limits of Arbitrage (1995)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)The Theory of Capital Structure (1991)Credit Rationing in Markets with Imperfect Information (1981)Agency costs of free cash flow, corporate finance, and takeovers (1996)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)The Financial Accelerator in a Quantitative Business Cycle Framework (1998)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)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)Dumb money: Mutual fund flows and the cross-section of stock returns (2008)Presidential Address: Asset Price Dynamics with Slow‐Moving Capital (2010)Threshold effects in non-dynamic panels: Estimation, testing, and inference (1999)New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index (2010)The Cash Flow Sensitivity of Cash (2004)CEO Overconfidence and Corporate Investment (2005)Corporate social responsibility and access to finance (2013)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1984Corporate financing and investment decisions when firms have information that investors do not have18,936 cited
  • 1977Determinants of corporate borrowing13,160 cited
  • 1984The Capital Structure Puzzle7,520 cited
  • 1988Financing Constraints and Corporate Investment5,566 cited
  • 1987Financing Constraints and Corporate Investment4,354 cited
  • 1984The Capital Structure Puzzle3,151 cited
  • 1992Liquidation Values and Debt Capacity: A Market Equilibrium Approach2,901 cited
  • 1997Capital-Market Imperfections and Investment2,600 cited
  • 1994Financial Distress and Corporate Performance1,660 cited
  • 1977BANKRUPTCY COSTS: SOME EVIDENCE1,096 cited
  • 2004Investment–Cash Flow Sensitivities: Constrained versus Unconstrained Firms1,042 cited
  • 1984A Further Empirical Investigation of the Bankruptcy Cost Question1,009 cited
  • 1994Anatomy of Financial Distress: An Examination of Junk-Bond Issuers940 cited
  • 1996Debt and the marginal tax rate893 cited
  • 1977Bankruptcy Costs: Some Evidence

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879 cited

Cited by

  • 2005Asset Fire Sales (and Purchases) in Equity Markets1,704 cited
  • 2000Inefficient Markets1,253 cited
  • 2004Market liquidity as a sentiment indicator1,245 cited
  • 2011Fire Sales in Finance and Macroeconomics836 cited
  • 2008Inefficient Credit Booms804 cited
  • 2006Too many to fail—An analysis of time-inconsistency in bank closure policies730 cited
  • 2007Does industry-wide distress affect defaulted firms? Evidence from creditor recoveries700 cited
  • 2006The Costs of Bankruptcy: Chapter 7 Liquidation versus Chapter 11 Reorganization698 cited
  • 2009Role of Managerial Incentives and Discretion in Hedge Fund Performance687 cited
  • 2012Competition and the cost of debt670 cited
  • 2010The subprime credit crisis and contagion in financial markets654 cited
  • 2011The Seeds of a Crisis: A Theory of Bank Liquidity and Risk-Taking Over the Business Cycle654 cited
  • 2006Firm Value and Hedging: Evidence from U.S. Oil and Gas Producers643 cited
  • 2013Access to Collateral and Corporate Debt Structure: Evidence from a Natural Experiment607 cited
  • 2011Regulatory pressure and fire sales in the corporate bond market527 cited
  • 2003Are Mergers Beneficial to Consumers? Evidence from the Market for Bank Deposits492 cited