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Measuring the Agency Cost of Debt
6 references·16 citing·36 second hopsampled
Measuring the Agency Cost of Debt (1992)Measuring the Agency Cost of DebtValuation effects of security offerings and the issuance process (1986)Valuation effects of security…Evaluating Natural Resource Investments (1985)Evaluating Natural Resource I…A Simple Approach to the Valuation of Risky Streams (1978)A Simple Approach to the Valu…Determinants 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…The Pricing of Options and Corporate Liabilities (1973)The Pricing of Options and Co…Dynamic Investment, Capital Structure, and Debt Overhang (2014)Dynamic Investment, Capital S…Optimal Priority Structure, Capital Structure, and Investment (2011)Optimal Priority Structure, C…Corporate investment and financing under asymmetric information (2010)Corporate investment and fina…Determinants of corporate borrowing: A behavioral perspective (2009)Determinants of corporate bor…Optimal Capital Structure and Industry Dynamics (2005)Optimal Capital Structure and…Measuring Investment Distortions when Risk‐Averse Managers Decide Whether to Undertake Risky Projects (2005)Measuring Investment Distorti…Joint Production and Financing Decisions: Modeling and Analysis (2005)Joint Production and Financin…Horses and Rabbits? Trade-Off Theory and Optimal Capital Structure (2005)Horses and Rabbits? Trade-Off…Real options, agency conflicts, and optimal capital structure (2004)Real options, agency conflict…Investment timing, agency, and information (2004)Investment timing, agency, an…Capital Structure and Asset Prices: Some Effects of Bankruptcy Procedures (2004)Capital Structure and Asset P…Credit Ratings, Collateral, and Loan Characteristics: Implications for Yield* (2003)Credit Ratings, Collateral, a…The Impact of Debt Financing on Entry and Exit in a Duopoly (2001)The Impact of Debt Financing …Asset liquidity, capital structure, and secured debt (2001)Asset liquidity, capital stru…Continuous‐Time Methods in Finance: A Review and an Assessment (2000)Continuous‐Time Methods in Fi…The Dynamics of Default and Debt Reorganization (1999)The Dynamics of Default and D…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)A Theory of the Term Structure of Interest Rates (1985)Efficient Capital Markets and Martingales (1989)Gain, Loss, and Asset Pricing (2000)Jump risk, stock returns, and slope of implied volatility smile (2010)Investment Under Uncertainty. (1994)Ownership Concentration and Corporate Performance: A Causal Analysis with Japanese Panel Data (2008)The Effect of Leverage on Firm Value and How The Firm Financial Quality Influence on This Effect (2011)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)A Closed-Form Solution for Options with Stochastic Volatility with Applications to Bond and Currency Options (1993)Theory of rational option pricing (2005)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)The Capital Structure Puzzle (1984)The New Issues Puzzle (1995)The Impact of Environmental Management on Firm Performance (1996)Event Studies in Economics and Finance (1997)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Option pricing when underlying stock returns are discontinuous (1976)The valuation of options for alternative stochastic processes (1976)An equilibrium characterization of the term structure (1977)On financial contracting (1979)Time to Build and Aggregate Fluctuations (1982)Losing Money on Arbitrage: Optimal Dynamic Portfolio Choice in Markets with Arbitrage Opportunities (2003)Brownian Motion and Stochastic Calculus (2007)What Do We Know about Capital Structure? Some Evidence from International Data (1995)Squaring venture capital valuations with reality (2019)Levered Returns (2010)Dynamic Models and Structural Estimation in Corporate Finance (2012)Income and Wealth Distribution in Macroeconomics: A Continuous-Time Approach (2021)Entry and Exit Decisions under Uncertainty (1989)Irreversibility, Uncertainty, and Investment (1990)The Stochastic Behavior of Commodity Prices: Implications for Valuation and Hedging (1997)
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References

  • 1973The Pricing of Options and Corporate Liabilities29,064 cited
  • 1977Determinants of corporate borrowing13,160 cited
  • 1974ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES*10,779 cited
  • 1985Evaluating Natural Resource Investments2,379 cited
  • 1986Valuation effects of security offerings and the issuance process1,213 cited
  • 1978A Simple Approach to the Valuation of Risky Streams578 cited

Cited by

  • 2001Asset liquidity, capital structure, and secured debt286 cited
  • 2011Optimal Priority Structure, Capital Structure, and Investment280 cited
  • 2005Optimal Capital Structure and Industry Dynamics277 cited
  • 2004Real options, agency conflicts, and optimal capital structure251 cited
  • 2010Corporate investment and financing under asymmetric information227 cited
  • 2004Capital Structure and Asset Prices: Some Effects of Bankruptcy Procedures218 cited
  • 2003Credit Ratings, Collateral, and Loan Characteristics: Implications for Yield*214 cited
  • 2004Investment timing, agency, and information212 cited
  • 2005Joint Production and Financing Decisions: Modeling and Analysis206 cited

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  • 2000Continuous‐Time Methods in Finance: A Review and an Assessment199 cited
  • 1999The Dynamics of Default and Debt Reorganization196 cited
  • 2005Horses and Rabbits? Trade-Off Theory and Optimal Capital Structure189 cited
  • 2009Determinants of corporate borrowing: A behavioral perspective188 cited
  • 2014Dynamic Investment, Capital Structure, and Debt Overhang162 cited
  • 2001The Impact of Debt Financing on Entry and Exit in a Duopoly161 cited
  • 2005Measuring Investment Distortions when Risk‐Averse Managers Decide Whether to Undertake Risky Projects155 cited