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Financial Contracting and Leverage Induced Over- and Under-Investment Incentives
16 references·16 citing·26 second hopsampled
Financial Contracting and Leverage Induced Over- and Under-Investment Incentives (1990)Financial Contracting and Leverage Induce…The cost of capital, corporation finance and the theory of investment (2008)The cost of capital, corporat…The Effects of a Firm's Investment and Financing Decisions on the Welfare of its Security Holders (2007)The Effects of a Firm's Inves…Investment–Cash Flow Sensitivities: Constrained versus Unconstrained Firms (2004)Investment–Cash Flow Sensitiv…Debt Versus Equity under Asymmetric Information (1988)Debt Versus Equity under Asym…Determinants of Corporate Leasing Policy (1985)Determinants of Corporate Lea…An analysis of secured debt (1985)An analysis of secured debtOn the Existence of an Optimal Capital Structure: Theory and Evidence (1984)On the Existence of an Optima…Investment incentives, debt, and warrants (1984)Investment incentives, debt, …Corporate financing and investment decisions when firms have information that investors do not have (1984)Corporate financing and inves…Stockholder-bondholder conflict and dividend constraints (1982)Stockholder-bondholder confli…Principles of Corporate Finance. (1981)Principles of Corporate Finan…Agency Problems and the Theory of the Firm (1980)Agency Problems and the Theor…On financial contracting (1979)On financial contractingDeterminants 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 Cost of Capital, Corporation Finance and the Theory of Investment (1958)The Cost of Capital, Corporat…Green innovation and corporate ESG performance: Evidence from Chinese listed companies (2024)Green innovation and corporat…The Determinants of Long-Term Debt Issuance by European Banks: Evidence of Two Crises (2016)The Determinants of Long-Term…Macroeconomic Risk and Debt Overhang* (2016)Macroeconomic Risk and Debt O…Law and Project Finance (2015)Law and Project FinanceArranger Certification in Project Finance (2012)Arranger Certification in Pro…Cross-country variations in capital structures: The role of bankruptcy codes (2010)Cross-country variations in c…Asset-Backed Securities: Costs and Benefits of “Bankruptcy Remoteness” (2010)Asset-Backed Securities: Cost…The economics of large-scale infrastructure FDI: The case of project finance (2009)The economics of large-scale …Financial Contracting: A Survey of Empirical Research and Future Directions (2009)Financial Contracting: A Surv…The term structure of credit spreads in project finance (2007)The term structure of credit …Credit-spread determinants and interlocking contracts: A study of the Ras Gas project☆ (2007)Credit-spread determinants an…Agency, Information and Corporate Investment (2001)Agency, Information and Corpo…Determinants of Bank Lending Performance in Germany (2000)Determinants of Bank Lending …The Underinvestment Problem and Patterns in Bank Lending (1998)The Underinvestment Problem a…DEBT AND SENIORiTY: AN ANALYSIS OF THE ROLE OF HARD CLAIMS (1994)DEBT AND SENIORiTY: AN ANALYS…Optimality of project financing: Theory and empirical implications in finance and accounting (1991)Optimality of project financi…The Problem of Social Cost (1960)The Pricing of Options and Corporate Liabilities (1973)Financial Intermediation and Delegated Monitoring (1984)A Survey of Corporate Governance (1997)Dividend Policy, Growth, and the Valuation of Shares (1961)The Capital Structure Puzzle (1984)DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES (1956)Law and Finance (1998)Optimal capital structure under corporate and personal taxation (1980)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)The Nature of the Firm (1937)Mergers and the Market for Corporate Control (1965)Separation of Ownership and Control (1983)Dynamic capabilities and strategic management (1997)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Asymmetric Information and Risky Debt Maturity Choice (1986)Financing Constraints and Corporate Investment (1987)Financing Constraints and Corporate Investment (1988)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)Why Firms Use Currency Derivatives (1997)Financing Innovation and Growth: Cash Flow, External Equity, and the 1990s R&D Boom (2009)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)
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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
  • 1958The Cost of Capital, Corporation Finance and the Theory of Investment14,494 cited
  • 1977Determinants of corporate borrowing13,160 cited
  • 1980Agency Problems and the Theory of the Firm10,540 cited
  • 2008The cost of capital, corporation finance and the theory of investment8,614 cited
  • 1981Principles of Corporate Finance.3,634 cited
  • 1979On financial contracting2,901 cited
  • 1984On the Existence of an Optimal Capital Structure: Theory and Evidence2,477 cited
  • 2004Investment–Cash Flow Sensitivities: Constrained versus Unconstrained Firms1,042 cited
  • 1984Investment incentives, debt, and warrants691 cited
  • 1985An analysis of secured debt675 cited
  • 1982Stockholder-bondholder conflict and dividend constraints394 cited
  • 1985Determinants of Corporate Leasing Policy320 cited
  • 2007The Effects of a Firm's Investment and Financing Decisions on the Welfare of its Security Holders300 cited

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1988
Debt Versus Equity under Asymmetric Information
224 cited

Cited by

  • 2010Cross-country variations in capital structures: The role of bankruptcy codes161 cited
  • 2024Green innovation and corporate ESG performance: Evidence from Chinese listed companies154 cited
  • 2001Agency, Information and Corporate Investment139 cited
  • 1994DEBT AND SENIORiTY: AN ANALYSIS OF THE ROLE OF HARD CLAIMS106 cited
  • 2009Financial Contracting: A Survey of Empirical Research and Future Directions104 cited
  • 1991Optimality of project financing: Theory and empirical implications in finance and accounting87 cited
  • 2010Asset-Backed Securities: Costs and Benefits of “Bankruptcy Remoteness”85 cited
  • 2016Macroeconomic Risk and Debt Overhang*81 cited
  • 2012Arranger Certification in Project Finance71 cited
  • 2016The Determinants of Long-Term Debt Issuance by European Banks: Evidence of Two Crises67 cited
  • 2015Law and Project Finance66 cited
  • 2009The economics of large-scale infrastructure FDI: The case of project finance65 cited
  • 1998The Underinvestment Problem and Patterns in Bank Lending59 cited
  • 2007The term structure of credit spreads in project finance55 cited
  • 2000Determinants of Bank Lending Performance in Germany52 cited
  • 2007Credit-spread determinants and interlocking contracts: A study of the Ras Gas project☆50 cited