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Contingent Capital: The Case for COERCs
16 references·6 citing·41 second hopsampled
Contingent Capital: The Case for COERCs (2011)Contingent Capital: The Case for COERCsBank stability and market discipline: The effect of contingent capital on risk taking and default probability (2014)Bank stability and market dis…Fallacies, Irrelevant Facts, and Myths in the Discussion of Capital Regulation: Why Bank Equity is Not Socially Expensive (2013)Fallacies, Irrelevant Facts, …Contingent Capital with a Dual Price Trigger (2010)Contingent Capital with a Dua…Market-Based Corrective Actions (2009)Market-Based Corrective Actio…Rethinking Capital Regulation (2008)Rethinking Capital RegulationLiquidity and leverage (2008)Liquidity and leverageWhat Caused the Bank Capital Build-up of the 1990s? (2007)What Caused the Bank Capital …No Pain, No Gain? Effecting Market Discipline via “Reverse Convertible Debentures” (2005)No Pain, No Gain? Effecting M…Do Credit Spreads Reflect Stationary Leverage Ratios? (2001)Do Credit Spreads Reflect Sta…Agency costs of free cash flow, corporate finance, and takeovers (1996)Agency costs of free cash flo…Corporate Debt Value, Bond Covenants, and Optimal Capital Structure (1994)Corporate Debt Value, Bond Co…Efficient Financing under Asymmetric Information (1987)Efficient Financing under Asy…A Theory of the Term Structure of Interest Rates (1985)A Theory of the Term Structur…The Capital Structure Puzzle (1984)The Capital Structure PuzzleDeterminants of corporate borrowing (1977)Determinants of corporate bor…ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)ON THE PRICING OF CORPORATE D…Contingent Capital Trigger Effects: Evidence from Liability Management Exercises (2019)Contingent Capital Trigger Ef…Equity Recourse Notes: Creating Counter‐cyclical Bank Capital (2015)Equity Recourse Notes: Creati…Market-Based Bank Capital Regulation (2013)Market-Based Bank Capital Reg…CoCos: A Primer (2013)CoCos: A PrimerBank Corporate Governance, Beyond the Global Banking Crisis (2013)Bank Corporate Governance, Be…Does Contingent Capital Induce Excessive Risk-Taking and Prevent an Efficient Recapitalization of Banks? (2010)Does Contingent Capital Induc…The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Dividend Policy, Growth, and the Valuation of Shares (1961)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)A Survey of Corporate Governance (1997)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)The Pricing of Options and Corporate Liabilities (1973)Option pricing when underlying stock returns are discontinuous (1976)The valuation of options for alternative stochastic processes (1976)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)Optimal Bank Capital (2012)Bank Capital and Lending Relationships (2017)The Rise of Shadow Banking: Evidence from Capital Regulation (2018)An equilibrium characterization of the term structure (1977)On financial contracting (1979)Explaining Credit Default Swap Spreads with the Equity Volatility and Jump Risks of Individual Firms (2009)The Determinants of Credit Default Swap Premia (2009)Finance and Economics Discussion Series (2022)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)Optimum consumption and portfolio rules in a continuous-time model (1971)Bond Pricing and the Term Structure of Interest Rates: A New Methodology for Contingent Claims Valuation (1992)A Closed-Form Solution for Options with Stochastic Volatility with Applications to Bond and Currency Options (1993)Dynamic Asset Pricing Theory. (1993)Theory of rational option pricing (2005)The Limits of Arbitrage (1995)The Cross‐Section of Volatility and Expected Returns (2006)Market Liquidity and Funding Liquidity (2008)Credit Spreads and Business Cycle Fluctuations (2012)Value and Momentum Everywhere (2013)CoVaR (2016)The Logic of Collective Action: Public Goods and the Theory of Groups. (1966)Financial stress and economic contractions (2010)Safer ratios, riskier portfolios: Banks׳ response to government aid (2014)A Simple Approach to Valuing Risky Fixed and Floating Rate Debt (1995)The Determinants of Credit Spread Changes (2001)The theory and practice of corporate finance: evidence from the field (2001)The Theory of Capital Structure (1991)
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References

  • 1977Determinants of corporate borrowing13,160 cited
  • 1974ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES*10,779 cited
  • 1996Agency costs of free cash flow, corporate finance, and takeovers9,308 cited
  • 1985A Theory of the Term Structure of Interest Rates8,333 cited
  • 1984The Capital Structure Puzzle7,520 cited
  • 1994Corporate Debt Value, Bond Covenants, and Optimal Capital Structure2,732 cited
  • 2008Liquidity and leverage2,557 cited
  • 2001Do Credit Spreads Reflect Stationary Leverage Ratios?765 cited
  • 2008Rethinking Capital Regulation469 cited
  • 2013Fallacies, Irrelevant Facts, and Myths in the Discussion of Capital Regulation: Why Bank Equity is Not Socially Expensive445 cited
  • 1987Efficient Financing under Asymmetric Information431 cited
  • 2007What Caused the Bank Capital Build-up of the 1990s?403 cited
  • 2005No Pain, No Gain? Effecting Market Discipline via “Reverse Convertible Debentures”297 cited
  • 2009Market-Based Corrective Actions278 cited
  • 2010Contingent Capital with a Dual Price Trigger218 cited
  • 2014Bank stability and market discipline: The effect of contingent capital on risk taking and default probability

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160 cited

Cited by

  • 2013CoCos: A Primer50 cited
  • 2013Bank Corporate Governance, Beyond the Global Banking Crisis40 cited
  • 2013Market-Based Bank Capital Regulation32 cited
  • 2015Equity Recourse Notes: Creating Counter‐cyclical Bank Capital26 cited
  • 2010Does Contingent Capital Induce Excessive Risk-Taking and Prevent an Efficient Recapitalization of Banks?26 cited
  • 2019Contingent Capital Trigger Effects: Evidence from Liability Management Exercises24 cited