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Convertible debt: an effective financial instrument to control managerial opportunism
16 references·2 citing·37 second hop
Convertible debt: an effective financial instrument to control managerial opportunism (2000)Convertible debt: an effective financial …Why firms issue convertible bonds: The matching of financial and real investment options (1998)Why firms issue convertible b…How Different Is Japanese Corporate Finance? An Investigation of the Information Content of New Security Issues (1996)How Different Is Japanese Cor…Agency costs of free cash flow, corporate finance, and takeovers (1996)Agency costs of free cash flo…Dynamic Capital Structure Under Managerial Entrenchment (1995)Dynamic Capital Structure Und…Capital Structure Choice when Managers are in Control: Entrenchment versus Efficiency (1995)Capital Structure Choice when…Debt and Seniority: An Analysis of the Role of Hard Claims in Constraining Management (1994)Debt and Seniority: An Analys…Managerial Conservatism, Project Choice, and Debt (1992)Managerial Conservatism, Proj…Convertible bonds as backdoor equity financing (1992)Convertible bonds as backdoor…Managerial discretion and optimal financing policies (1990)Managerial discretion and opt…Efficient Financing Under Asymmetric Information (1987)Efficient Financing Under Asy…Efficient Financing under Asymmetric Information (1987)Efficient Financing under Asy…Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency Costs of Free Cash Flo…Investment incentives, debt, and warrants (1984)Investment incentives, debt, …The Economics of Information and Uncertainty (1982)The Economics of Information …Corporate Financial Structure and Managerial Incentives (1982)Corporate Financial Structure…AN ANALYSIS OF CONVERTIBLE DEBENTURES: THEORY AND SOME EMPIRICAL EVIDENCE* (1966)AN ANALYSIS OF CONVERTIBLE DE…Why Do Firms Issue Convertible Bonds? Evidence from the Field (2011)Why Do Firms Issue Convertibl…Why Do Companies Issue Convertible Bonds? A Review of Theory and Empirical Evidence (2006)Why Do Companies Issue Conver…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Large Shareholders and Corporate Control (1986)Founding‐Family Ownership, Corporate Diversification, and Firm Leverage (2003)The effect of capital structure when expected agency costs are extreme (2004)The mystery of zero-leverage firms (2013)CORPORATE INCOME TAXES AND THE COST OF CAPITAL: A CORRECTION (1963)Determinants of corporate borrowing (1977)Institutions, financial markets, and firm debt maturity (1999)The Market for Corporate Assets: Who Engages in Mergers and Asset Sales and Are There Efficiency Gains? (2001)Corporate Governance and Control (2003)The Pricing of Options and Corporate Liabilities (1973)Convertible Securities and Venture Capital Finance (2003)Financing and Advising: Optimal Financial Contracts with Venture Capitalists (2003)Stage Financing and the Role of Convertible Securities (2003)Outside directors and CEO turnover (1988)Performance Pay and Top-Management Incentives (1990)Raids, Rewards, and Reputations in the Market for Managerial Talent (2003)R&D investments in family and founder firms: An agency perspective (2010)Seeking safety: The relation between CEO inside debt holdings and the riskiness of firm investment and financial policies (2011)Corporate financing and investment decisions when firms have information that investors do not have (1984)Financial Intermediation and Delegated Monitoring (1984)The long-run performance of stock returns following debt offerings (1999)Is integrated reporting determined by a country's legal system? An exploratory study (2012)GROWTH, BETA AND AGENCY COSTS AS DETERMINANTS OF DIVIDEND PAYOUT RATIOS (1982)Two Agency-Cost Explanations of Dividends (1984)Corporate performance and managerial remuneration (1985)What Do We Know about Capital Structure? Some Evidence from International Data (1995)Strategizing, economizing, and economic organization (1991)Credible Commitments: Using Hostages to Support Exchange (1996)Financial Contracting Theory Meets the Real World: An Empirical Analysis of Venture Capital Contracts (2000)The equity premium: A puzzle (1985)Finite state markov-chain approximations to univariate and vector autoregressions (1986)Stock Returns, Expected Returns, and Real Activity (1990)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Firms, Contracts, and Financial Structure (1995)A Survey of Corporate Governance (1997)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)
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References

  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 1996Agency costs of free cash flow, corporate finance, and takeovers9,308 cited
  • 1990Managerial discretion and optimal financing policies3,679 cited
  • 1982Corporate Financial Structure and Managerial Incentives1,092 cited
  • 1994Debt and Seniority: An Analysis of the Role of Hard Claims in Constraining Management908 cited
  • 1982The Economics of Information and Uncertainty861 cited
  • 1984Investment incentives, debt, and warrants691 cited
  • 1992Managerial Conservatism, Project Choice, and Debt555 cited
  • 1995Dynamic Capital Structure Under Managerial Entrenchment552 cited
  • 1992Convertible bonds as backdoor equity financing519 cited
  • 1987Efficient Financing under Asymmetric Information431 cited
  • 1998Why firms issue convertible bonds: The matching of financial and real investment options312 cited
  • 1996How Different Is Japanese Corporate Finance? An Investigation of the Information Content of New Security Issues276 cited
  • 1995Capital Structure Choice when Managers are in Control: Entrenchment versus Efficiency126 cited
  • 1966AN ANALYSIS OF CONVERTIBLE DEBENTURES: THEORY AND SOME EMPIRICAL EVIDENCE*

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116 cited
  • 1987Efficient Financing Under Asymmetric Information91 cited
  • Cited by

    • 2006Why Do Companies Issue Convertible Bonds? A Review of Theory and Empirical Evidence37 cited
    • 2011Why Do Firms Issue Convertible Bonds? Evidence from the Field17 cited