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Asymmetric information, firm investment and stock prices
16 references·3 citing·40 second hop
Asymmetric information, firm investment and stock prices (2010)Asymmetric information, firm investment a…Price Informativeness and Investment Sensitivity to Stock Price (2006)Price Informativeness and Inv…Market Frictions, Price Delay, and the Cross-Section of Expected Returns (2005)Market Frictions, Price Delay…When Does the Market Matter? Stock Prices and the Investment of Equity-Dependent Firms (2003)When Does the Market Matter? …Does Greater Firm‐Specific Return Variation Mean More or Less Informed Stock Pricing? (2003)Does Greater Firm‐Specific Re…Market Timing and Capital Structure (2002)Market Timing and Capital Str…The information content of stock markets: why do emerging markets have synchronous stock price movements? (2000)The information content of st…The New Issues Puzzle (1995)The New Issues PuzzleThe Limits of Arbitrage (1995)The Limits of ArbitrageA Simple Approximation of Tobin's q (1994)A Simple Approximation of Tob…Financing Constraints and Corporate Investment (1988)Financing Constraints and Cor…Financing Constraints and Corporate Investment (1987)Financing Constraints and Cor…Bid, ask and transaction prices in a specialist market with heterogeneously informed traders (1985)Bid, ask and transaction pric…Tobin's Marginal q and Average q: A Neoclassical Interpretation (1982)Tobin's Marginal q and Averag…Tobin's $q$ Ratio and Industrial Organization (1981)Tobin's $q$ Ratio and Industr…On the Impossibility of Informationally Efficient Markets (1980)On the Impossibility of Infor…A General Equilibrium Approach To Monetary Theory (1969)A General Equilibrium Approac…Information Asymmetry, Ownership Structure and Cost of Equity Capital: The Formation for Open Innovation (2021)Information Asymmetry, Owners…Investor sentiment, property nature and corporate investment efficiency (2016)Investor sentiment, property …Tax enforcement, corporate tax aggressiveness, and cash holdings (2015)Tax enforcement, corporate ta…Efficient Capital Markets: A Review of Theory and Empirical Work (1970)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Investor Psychology and Security Market Under‐ and Overreactions (1998)Illiquidity and stock returns: cross-section and time-series effects (2002)Market Liquidity and Funding Liquidity (2008)A model of investor sentiment /CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Behavior of Stock-Market Prices (1965)The Cross-Section of Expected Stock Returns (1992)Investor Sentiment and the Cross‐Section of Stock Returns (2006)Risk, Return, and Equilibrium: Empirical Tests (1973)The relationship between return and market value of common stocks (1981)A five-factor asset pricing model (2014)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Credit Rationing in Markets with Imperfect Information (1981)Agency costs of free cash flow, corporate finance, and takeovers (1996)The Financial Accelerator in a Quantitative Business Cycle Framework (1998)A Contribution to the Theory of Economic Growth (1956)Increasing Returns and Long-Run Growth (1986)Law and Finance (1998)Have Individual Stocks Become More Volatile? An Empirical Exploration of Idiosyncratic Risk (2001)R2 around the world: New theory and new tests☆ (2005)Does board gender diversity improve the informativeness of stock prices? (2011)Corporate financing and investment decisions when firms have information that investors do not have (1984)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Capital Structure Decisions: Which Factors Are Reliably Important? (2007)Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches (2008)Does Corporate Social Responsibility Affect the Cost of Capital? (2010)Time to Build and Aggregate Fluctuations (1982)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)The Impact of Uncertainty Shocks (2009)Information Technology and the U.S. Economy (2001)Nursery Cities: Urban Diversity, Process Innovation, and the Life Cycle of Products (2001)Does female representation in top management improve firm performance? A panel data investigation (2012)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)Threshold effects in non-dynamic panels: Estimation, testing, and inference (1999)New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index (2010)Noise Trader Risk in Financial Markets (1990)Efficient Capital Markets: II (1991)
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References

  • 1985Bid, ask and transaction prices in a specialist market with heterogeneously informed traders6,132 cited
  • 1988Financing Constraints and Corporate Investment5,566 cited
  • 1969A General Equilibrium Approach To Monetary Theory5,340 cited
  • 1995The Limits of Arbitrage5,282 cited
  • 1987Financing Constraints and Corporate Investment4,354 cited
  • 2002Market Timing and Capital Structure3,804 cited
  • 1980On the Impossibility of Informationally Efficient Markets3,640 cited
  • 1995The New Issues Puzzle3,550 cited
  • 2000The information content of stock markets: why do emerging markets have synchronous stock price movements?3,332 cited
  • 1982Tobin's Marginal q and Average q: A Neoclassical Interpretation3,178 cited
  • 1994A Simple Approximation of Tobin's q2,458 cited
  • 2006Price Informativeness and Investment Sensitivity to Stock Price1,492 cited
  • 1981Tobin's $q$ Ratio and Industrial Organization1,382 cited
  • 2003When Does the Market Matter? Stock Prices and the Investment of Equity-Dependent Firms1,143 cited
  • 2005Market Frictions, Price Delay, and the Cross-Section of Expected Returns1,088 cited

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Does Greater Firm‐Specific Return Variation Mean More or Less Informed Stock Pricing?
951 cited

Cited by

  • 2021Information Asymmetry, Ownership Structure and Cost of Equity Capital: The Formation for Open Innovation33 cited
  • 2015Tax enforcement, corporate tax aggressiveness, and cash holdings32 cited
  • 2016Investor sentiment, property nature and corporate investment efficiency25 cited