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Equity Market Misvaluation, Financing, and Investment
16 references·16 citing·41 second hopsampled
Equity Market Misvaluation, Financing, and Investment (2015)Equity Market Misvaluation, Financing, an…New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index (2010)New Evidence on Measuring Fin…Financial Constraints Risk (2006)Financial Constraints RiskOverconfidence and Speculative Bubbles (2003)Overconfidence and Speculativ…Market Timing and Capital Structure (2002)Market Timing and Capital Str…The theory and practice of corporate finance: evidence from the field (2001)The theory and practice of co…Measurement Error and the Relationship between Investment and q (2000)Measurement Error and the Rel…Managerial Decisions and Long‐Term Stock Price Performance (2000)Managerial Decisions and Long…Corporate Ownership Around the World (1999)Corporate Ownership Around th…Earnings Management and the Long‐Run Market Performance of Initial Public Offerings (1998)Earnings Management and the L…Corporate Ownership Around the World (1998)Corporate Ownership Around th…The New Issues Puzzle (1995)The New Issues PuzzleRecursive Methods in Economic Dynamics (1989)Recursive Methods in Economic…Equity issues and offering dilution (1986)Equity issues and offering di…Continuous Auctions and Insider Trading (1985)Continuous Auctions and Insid…Tobin's Marginal q and Average q: A Neoclassical Interpretation (1982)Tobin's Marginal q and Averag…Do Stock Prices Move Too Much to be Justified by Subsequent Changes in Dividends? (1980)Do Stock Prices Move Too Much…Investor sentiment and firm capital structure (2023)Investor sentiment and firm c…The Capital Structure Puzzle: What Are We Missing? (2022)The Capital Structure Puzzle:…The effect of stock liquidity on cash holdings: The repurchase motive (2021)The effect of stock liquidity…Suppliers as financial intermediaries: Trade credit for undervalued firms (2021)Suppliers as financial interm…Persistent negative cash flows, staged financing, and the stockpiling of cash balances (2021)Persistent negative cash flow…Foreign investment of US multinationals: The effect of tax policy and agency conflicts. (2021)Foreign investment of US mult…Undervaluation and non‐financial information: Evidence from voluntary disclosure of CSR news (2020)Undervaluation and non‐financ…Misvaluation and Corporate Inventiveness (2020)Misvaluation and Corporate In…Financing intangible capital (2019)Financing intangible capitalInefficiencies and externalities from opportunistic acquirers (2018)Inefficiencies and externalit…Behavioral Corporate Finance (2018)Behavioral Corporate FinanceWhat’s behind Smooth Dividends? Evidence from Structural Estimation (2017)What’s behind Smooth Dividend…The real effects of credit default swaps (2017)The real effects of credit de…Estimating and Testing Dynamic Corporate Finance Models (2017)Estimating and Testing Dynami…Diversification and cash dynamics (2016)Diversification and cash dyna…Estimating the Benefits of Contractual Completeness (2013)Estimating the Benefits of Co…Dividend Policy, Growth, and the Valuation of Shares (1961)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Does the Stock Market Overreact? (1985)Noise Trader Risk in Financial Markets (1990)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Time Series Analysis, Forecasting, and Control (1995)Financing Constraints and Corporate Investment (1988)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)The determinants and implications of corporate cash holdings (1999)Corporate social responsibility and access to finance (2013)The Economics of Disclosure and Financial Reporting Regulation: Evidence and Suggestions for Future Research (2016)Demand for green finance: Resolving financing constraints on green innovation in China (2021)Risk, Return, and Equilibrium: Empirical Tests (1973)The relationship between return and market value of common stocks (1981)The Cross-Section of Expected Stock Returns (1992)Investor Sentiment and the Cross‐Section of Stock Returns (2006)A five-factor asset pricing model (2014)Common risk factors in the returns on stocks and bonds (1993)… and the Cross-Section of Expected Returns (2015)Policy Uncertainty and Corporate Investment (2015)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)A Survey of Corporate Governance (1997)Law and Finance (1998)Investor protection and corporate governance (2000)The separation of ownership and control in East Asian Corporations (2000)Earnings management and investor protection: an international comparison (2003)Corporate financing and investment decisions when firms have information that investors do not have (1984)Managing with Style: The Effect of Managers on Firm Policies (2003)Law, finance, and economic growth in China (2005)The economic implications of corporate financial reporting (2005)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)The Impact of Uncertainty Shocks (2009)Investor Psychology and Security Market Under‐ and Overreactions (1998)Illiquidity and stock returns: cross-section and time-series effects (2002)Indivisible labor and the business cycle (1985)Occupational Choice and the Process of Development (1993)The Theory of Incentives: The Principal-Agent Model (2001)
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References

  • 1999Corporate Ownership Around the World10,565 cited
  • 1985Continuous Auctions and Insider Trading9,626 cited
  • 2001The theory and practice of corporate finance: evidence from the field5,947 cited
  • 2010New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index5,574 cited
  • 1980Do Stock Prices Move Too Much to be Justified by Subsequent Changes in Dividends?4,020 cited
  • 2002Market Timing and Capital Structure3,804 cited
  • 2006Financial Constraints Risk3,702 cited
  • 1995The New Issues Puzzle3,550 cited
  • 1982Tobin's Marginal q and Average q: A Neoclassical Interpretation3,178 cited
  • 1989Recursive Methods in Economic Dynamics3,065 cited
  • 1998Earnings Management and the Long‐Run Market Performance of Initial Public Offerings2,300 cited
  • 2003Overconfidence and Speculative Bubbles2,227 cited
  • 1998Corporate Ownership Around the World1,902 cited
  • 2000Managerial Decisions and Long‐Term Stock Price Performance1,573 cited
  • 1986Equity issues and offering dilution1,397 cited
  • 2000Measurement Error and the Relationship between Investment and q

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1,164 cited

Cited by

  • 2019Financing intangible capital104 cited
  • 2017Estimating and Testing Dynamic Corporate Finance Models87 cited
  • 2021The effect of stock liquidity on cash holdings: The repurchase motive80 cited
  • 2022The Capital Structure Puzzle: What Are We Missing?75 cited
  • 2021Persistent negative cash flows, staged financing, and the stockpiling of cash balances73 cited
  • 2017The real effects of credit default swaps73 cited
  • 2020Misvaluation and Corporate Inventiveness66 cited
  • 2017What’s behind Smooth Dividends? Evidence from Structural Estimation63 cited
  • 2013Estimating the Benefits of Contractual Completeness62 cited
  • 2016Diversification and cash dynamics59 cited
  • 2018Behavioral Corporate Finance57 cited
  • 2021Foreign investment of US multinationals: The effect of tax policy and agency conflicts.50 cited
  • 2023Investor sentiment and firm capital structure47 cited
  • 2018Inefficiencies and externalities from opportunistic acquirers47 cited
  • 2020Undervaluation and non‐financial information: Evidence from voluntary disclosure of CSR news45 cited
  • 2021Suppliers as financial intermediaries: Trade credit for undervalued firms43 cited