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Investment and internal funds of distressed firms
16 references·16 citing·32 second hopsampled
Investment and internal funds of distressed firms (2005)Investment and internal funds of distress…Investment–Cash Flow Sensitivities: Constrained versus Unconstrained Firms (2004)Investment–Cash Flow Sensitiv…Investment-Cash Flow Sensitivities are Useful: A Comment on Kaplan and Zingales (2000)Investment-Cash Flow Sensitiv…Investment-Cash Flow Sensitivities Are Not Valid Measures of Financing Constraints (2000)Investment-Cash Flow Sensitiv…The Relationship between Firm Investment and Financial Status (1999)The Relationship between Firm…The impact of cash flows and firm size on investment: The international evidence (1998)The impact of cash flows and …How Costly is Financial (Not Economic) Distress? Evidence from Highly Leveraged Transactions that Became Distressed (1997)How Costly is Financial (Not …Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)Do Investment-Cash Flow Sensi…Capital-Market Imperfections and Investment (1997)Capital-Market Imperfections …Evidence on the role of cash flow for investment (1995)Evidence on the role of cash …Corporate Structure, Liquidity, and Investment: Evidence from Japanese Industrial Groups (1991)Corporate Structure, Liquidit…Financing Constraints and Corporate Investment (1988)Financing Constraints and Cor…Financing Constraints and Corporate Investment (1987)Financing Constraints and Cor…Corporate financing and investment decisions when firms have information that investors do not have (1984)Corporate financing and inves…Financial Ratios and the Probabilistic Prediction of Bankruptcy (1980)Financial Ratios and the Prob…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY (1968)FINANCIAL RATIOS, DISCRIMINAN…The economic policy uncertainty and firm investment in Australia (2020)The economic policy uncertain…Studying the relationship between managerial ability and real earnings management in economic and financial crisis conditions (2020)Studying the relationship bet…Corporate pyramids, geographical distance, and investment efficiency of Chinese state-owned enterprises (2018)Corporate pyramids, geographi…Managerial Ability, Financial Distress, and Audit Fees (2017)Managerial Ability, Financial…Investment–Cash Flow Sensitivity: Fact or Fiction? (2017)Investment–Cash Flow Sensitiv…Measuring the value of intangibles (2016)Measuring the value of intang…Venture capital and the investment curve of young high-tech companies (2015)Venture capital and the inves…Buyers as stakeholders: How relationships affect suppliers' financial constraints (2015)Buyers as stakeholders: How r…Investment decisions of companies in financial distress (2014)Investment decisions of compa…Does the investment opportunities bias affect the investment–cash flow sensitivities of unlisted SMEs? (2013)Does the investment opportuni…Bankruptcy and product-market competition: Evidence from the airline industry (2012)Bankruptcy and product-market…Investment–cash flow sensitivity and financing constraints: New evidence from Indian business group firms (2010)Investment–cash flow sensitiv…Fire sale acquisitions: Myth vs. reality (2010)Fire sale acquisitions: Myth …Financial distress, financial constraint and investment decision: Evidence from Brazil (2010)Financial distress, financial…Costly external financing, investment timing, and investment–cash flow sensitivity (2007)Costly external financing, in…Why has the investment-cash flow sensitivity declined so sharply? Rising R&D and equity market developmentsWhy has the investment-cash f…The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Agency, Information and Corporate Investment (2001)Costly external finance, corporate investment, and the subprime mortgage credit crisis (2010)Corporate social responsibility and access to finance (2013)Financial Ratios As Predictors of Failure (1966)Conditional logit analysis of qualitative choice behavior (1972)Methodological Issues Related to the Estimation of Financial Distress Prediction Models (1984)The Effect of Audit Quality on Earnings Management* (1998)Forecasting Bankruptcy More Accurately: A Simple Hazard Model (2001)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)The Financial Accelerator in a Quantitative Business Cycle Framework (1998)Managing with Style: The Effect of Managers on Firm Policies (2003)New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index (2010)Credit Rationing in Markets with Imperfect Information (1981)Agency costs of free cash flow, corporate finance, and takeovers (1996)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)Determinants of corporate borrowing (1977)The Capital Structure Puzzle (1984)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Managerial incentives and risk-taking☆ (2005)How does financial reporting quality relate to investment efficiency? (2009)What Do We Know about Capital Structure? Some Evidence from International Data (1995)A Survey of Corporate Governance (1997)Investor protection and corporate governance (2000)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)Threshold effects in non-dynamic panels: Estimation, testing, and inference (1999)The Cash Flow Sensitivity of Cash (2004)CEO Overconfidence and Corporate Investment (2005)
this work references cited by second hop· second hop is a sample of the most-cited connections

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
  • 1968FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY14,869 cited
  • 1997Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints?6,790 cited
  • 1980Financial Ratios and the Probabilistic Prediction of Bankruptcy6,005 cited
  • 1988Financing Constraints and Corporate Investment5,566 cited
  • 1987Financing Constraints and Corporate Investment4,354 cited
  • 1997Capital-Market Imperfections and Investment2,600 cited
  • 1991Corporate Structure, Liquidity, and Investment: Evidence from Japanese Industrial Groups2,361 cited
  • 1999The Relationship between Firm Investment and Financial Status1,433 cited
  • 1997How Costly is Financial (Not Economic) Distress? Evidence from Highly Leveraged Transactions that Became Distressed1,255 cited
  • 1995Evidence on the role of cash flow for investment1,174 cited
  • 2004Investment–Cash Flow Sensitivities: Constrained versus Unconstrained Firms1,042 cited
  • 2000Investment-Cash Flow Sensitivities Are Not Valid Measures of Financing Constraints874 cited

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  • 2000Investment-Cash Flow Sensitivities are Useful: A Comment on Kaplan and Zingales744 cited
  • 1998The impact of cash flows and firm size on investment: The international evidence444 cited
  • Cited by

    • 2007Costly external financing, investment timing, and investment–cash flow sensitivity113 cited
    • 2017Managerial Ability, Financial Distress, and Audit Fees111 cited
    • 2018Corporate pyramids, geographical distance, and investment efficiency of Chinese state-owned enterprises103 cited
    • 2016Measuring the value of intangibles97 cited
    • n.d.Why has the investment-cash flow sensitivity declined so sharply? Rising R&D and equity market developments86 cited
    • 2014Investment decisions of companies in financial distress85 cited
    • 2020The economic policy uncertainty and firm investment in Australia79 cited
    • 2012Bankruptcy and product-market competition: Evidence from the airline industry78 cited
    • 2010Investment–cash flow sensitivity and financing constraints: New evidence from Indian business group firms77 cited
    • 2015Buyers as stakeholders: How relationships affect suppliers' financial constraints74 cited
    • 2020Studying the relationship between managerial ability and real earnings management in economic and financial crisis conditions55 cited
    • 2017Investment–Cash Flow Sensitivity: Fact or Fiction?55 cited
    • 2013Does the investment opportunities bias affect the investment–cash flow sensitivities of unlisted SMEs?52 cited
    • 2010Fire sale acquisitions: Myth vs. reality48 cited
    • 2015Venture capital and the investment curve of young high-tech companies47 cited
    • 2010Financial distress, financial constraint and investment decision: Evidence from Brazil44 cited