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Internal Capital Markets and Capital Structure: Bank versus Internal Debt
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Internal Capital Markets and Capital Structure: Bank versus Internal Debt (2007)Internal Capital Markets and Capital Stru…Capital Structure (2001)Capital StructureThe Dark Side of Internal Capital Markets: Divisional Rent‐Seeking and Inefficient Investment (2000)The Dark Side of Internal Cap…Testing static tradeoff against pecking order models of capital structure1This paper has benefited from comments by seminar participants at Boston College, Boston Unsiversity, Dartmouth College, Massachusetts Institute of Technology, University of Massachusetts, Ohio State University, University of California at Los Angeles and the NBER, especially Eugene Fama and Robert Gertner. The usual disclaimers apply. Funding from MIT and the Tuck School at Dartmouth College is gratefuly acknowledged. We also thank two reviewers, Richard S. Ruback and Clifford W. Smith, Jr., for helpful comments.1 (1999)Testing static tradeoff again…Law and Finance (1998)Law and FinanceTrade Credit: Theories and Evidence (1997)Trade Credit: Theories and Ev…Internal Capital Markets and the Competition for Corporate Resources (1997)Internal Capital Markets and …Law and Finance (1996)Law and FinanceWhat Do We Know about Capital Structure? Some Evidence from International Data (1995)What Do We Know about Capital…What Do We Know about Capital Structure? Some Evidence from International Data (1995)What Do We Know about Capital…The Benefits of Lending Relationships: Evidence from Small Business Data (1994)The Benefits of Lending Relat…Monitoring and Reputation: The Choice between Bank Loans and Directly Placed Debt (1991)Monitoring and Reputation: Th…The Determinants of Capital Structure Choice (1988)The Determinants of Capital S…What's different about banks? (1985)What's different about banks?Financial Intermediation and Delegated Monitoring (1984)Financial Intermediation and …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…The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Investor protection and corporate governance (2000)The separation of ownership and control in East Asian Corporations (2000)The Colonial Origins of Comparative Development: An Empirical Investigation: Reply (2012)The arbitrage theory of capital asset pricing (1976)Moral Hazard and Observability (1979)Bank Runs, Deposit Insurance, and Liquidity (1983)Financial Intermediation, Loanable Funds, and The Real Sector (1997)Significance tests and goodness of fit in the analysis of covariance structures. (1980)Firms, Contracts, and Financial Structure (1995)A Survey of Corporate Governance (1997)The theory and practice of corporate finance: evidence from the field (2001)Optimal contracts and competitive markets with costly state verification (1979)Reputation and imperfect information (1982)Relationship Banking: What Do We Know? (2000)Determinants of corporate borrowing (1977)The Determination of Financial Structure: The Incentive-Signalling Approach (1977)The Capital Structure Puzzle (1984)Event Studies in Economics and Finance (1997)Credit Rationing in Markets with Imperfect Information (1981)Financing Constraints and Corporate Investment (1988)The Effect of Credit Market Competition on Lending Relationships (1995)Bank regulation and supervision: what works best? (2003)The Capital Structure Puzzle (1984)Debt Maturity Structure and Liquidity Risk (1991)Financial Dependence and Growth (1996)Agency Costs and Ownership Structure (2000)Chapter 12 Finance and Growth: Theory and Evidence (2005)Legal Determinants of External Finance (1997)Corporate Ownership Around the World (1999)The Colonial Origins of Comparative Development: An Empirical Investigation (2001)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)The Cross-Section of Expected Stock Returns (1992)
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References

  • 1984Corporate financing and investment decisions when firms have information that investors do not have18,936 cited
  • 1998Law and Finance17,902 cited
  • 1984Financial Intermediation and Delegated Monitoring8,393 cited
  • 1984Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have6,535 cited
  • 1995What Do We Know about Capital Structure? Some Evidence from International Data6,527 cited
  • 1988The Determinants of Capital Structure Choice6,108 cited
  • 1994The Benefits of Lending Relationships: Evidence from Small Business Data5,434 cited
  • 1991Monitoring and Reputation: The Choice between Bank Loans and Directly Placed Debt3,294 cited
  • 1997Trade Credit: Theories and Evidence2,600 cited
  • 1996Law and Finance2,451 cited
  • 1995What Do We Know about Capital Structure? Some Evidence from International Data2,443 cited
  • 1985What's different about banks?2,347 cited
  • 1997Internal Capital Markets and the Competition for Corporate Resources1,779 cited
  • 1999Testing static tradeoff against pecking order models of capital structure1This paper has benefited from comments by seminar participants at Boston College, Boston Unsiversity, Dartmouth College, Massachusetts Institute of Technology, University of Massachusetts, Ohio State University, University of California at Los Angeles and the NBER, especially Eugene Fama and Robert Gertner. The usual disclaimers apply. Funding from MIT and the Tuck School at Dartmouth College is gratefuly acknowledged. We also thank two reviewers, Richard S. Ruback and Clifford W. Smith, Jr., for helpful comments.1

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1,755 cited
  • 2000The Dark Side of Internal Capital Markets: Divisional Rent‐Seeking and Inefficient Investment1,556 cited
  • 2001Capital Structure1,409 cited
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