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Risk-Shifting Incentives and Signalling Through Corporate Capital Structure
16 references·14 citing·26 second hop
Risk-Shifting Incentives and Signalling Through Corporate Capital Structure (1987)Risk-Shifting Incentives and Signalling T…Agency costs of free cash flow, corporate finance, and takeovers (1996)Agency costs of free cash flo…The theory of contracts (1987)The theory of contractsPrice and Advertising Signals of Product Quality (1986)Price and Advertising Signals…Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency Costs of Free Cash Flo…Incentive-Compatible Debt Contracts: The One-Period Problem (1985)Incentive-Compatible Debt Con…Dividends, Dilution, and Taxes: A Signalling Equilibrium (1985)Dividends, Dilution, and Taxe…Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have (1984)Corporate Financing and Inves…Corporate financing and investment decisions when firms have information that investors do not have (1984)Corporate financing and inves…On financial contracting (1979)On financial contractingIncentive Compatibility and the Bargaining Problem (1979)Incentive Compatibility and t…The Determination of Financial Structure: The Incentive-Signalling Approach (1977)The Determination of Financia…Informational Asymmetries, Financial Structure, and Financial Intermediation (1977)Informational Asymmetries, Fi…INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION (1977)INFORMATIONAL ASYMMETRIES, FI…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…Job Market Signaling (1973)Job Market SignalingInstitutional Dual Holdings and Risk Shifting: Evidence from Corporate Innovation (2016)Institutional Dual Holdings a…Distance to default, subordinated debt, and distress indicators in the banking industry* (2010)Distance to default, subordin…The dynamics of capital structure and heterogeneous systematic risk classes in Egypt (2008)The dynamics of capital struc…The capital structure determinants of REITs. Is it a peculiar industry? (2008)The capital structure determi…Leverage and IPO under‐pricing: high‐tech versus low‐tech IPOs (2008)Leverage and IPO under‐pricin…Credit-spread determinants and interlocking contracts: A study of the Ras Gas project☆ (2007)Credit-spread determinants an…Value Creation in REIT Property Sell‐Offs (2006)Value Creation in REIT Proper…The Emerging Project Bond Market: Covenant Provisions and Credit Spreads (2003)The Emerging Project Bond Mar…Leverage, insider ownership, and the underpricing of IPOs in China (2003)Leverage, insider ownership, …Leverage and Growth Opportunities: Risk-Avoidance Induced by Risky Debt (2001)Leverage and Growth Opportuni…Agency Problems of Debt, Convertible Securities, and Deviations from Absolute Priority in Bankruptcy (1994)Agency Problems of Debt, Conv…Absolute Priority Rule Violations and Risk Incentives for Financially Distressed Firms (1993)Absolute Priority Rule Violat…Developing country capital structures and emerging stock markets (1992)Developing country capital st…Asymmetric Information, Collateral, and Moral Hazard (1990)Asymmetric Information, Colla…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)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)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)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)What Do We Know about Capital Structure? Some Evidence from International Data (1995)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)Equilibrium in Competitive Insurance Markets: An Essay on the Economics of Imperfect Information (1976)Varieties of Capitalism (2001)Signaling Theory: A Review and Assessment (2010)The Determinants of Capital Structure Choice (1988)Event Studies in Economics and Finance (1997)Financial Intermediation and Delegated Monitoring (1984)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)Initial Public Offerings and Underwriter Reputation (1990)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)The Economic Consequences of Legal Origins (2008)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)
this work references cited by second hop

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
  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 1973Job Market Signaling16,329 cited
  • 1977Determinants of corporate borrowing13,160 cited
  • 1996Agency costs of free cash flow, corporate finance, and takeovers9,308 cited
  • 1984Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have6,535 cited
  • 1977The Determination of Financial Structure: The Incentive-Signalling Approach4,163 cited
  • 1977INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION4,056 cited
  • 1977Informational Asymmetries, Financial Structure, and Financial Intermediation3,772 cited
  • 1979On financial contracting2,901 cited
  • 1986Price and Advertising Signals of Product Quality2,284 cited
  • 1979Incentive Compatibility and the Bargaining Problem1,983 cited
  • 1985Incentive-Compatible Debt Contracts: The One-Period Problem1,799 cited
  • 1985Dividends, Dilution, and Taxes: A Signalling Equilibrium

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1,425 cited
  • 1987The theory of contracts1,330 cited
  • Cited by

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    • 1993Absolute Priority Rule Violations and Risk Incentives for Financially Distressed Firms72 cited
    • 2016Institutional Dual Holdings and Risk Shifting: Evidence from Corporate Innovation64 cited
    • 2003Leverage, insider ownership, and the underpricing of IPOs in China60 cited
    • 2007Credit-spread determinants and interlocking contracts: A study of the Ras Gas project☆50 cited
    • 1994Agency Problems of Debt, Convertible Securities, and Deviations from Absolute Priority in Bankruptcy49 cited
    • 2003The Emerging Project Bond Market: Covenant Provisions and Credit Spreads42 cited
    • 2008The dynamics of capital structure and heterogeneous systematic risk classes in Egypt38 cited
    • 2008Leverage and IPO under‐pricing: high‐tech versus low‐tech IPOs32 cited
    • 2010Distance to default, subordinated debt, and distress indicators in the banking industry*28 cited
    • 2001Leverage and Growth Opportunities: Risk-Avoidance Induced by Risky Debt25 cited
    • 1992Developing country capital structures and emerging stock markets23 cited
    • 2006Value Creation in REIT Property Sell‐Offs20 cited