SZodixStudyAcademic Library
ShelvesOpen access
Study · an open academic library·Metadata from OpenAlex (CC0)·Shelves·OpenAlex metadata, de-duplicated
Information Risk and Capital Structure
16 references·8 citing·34 second hop
Information Risk and Capital Structure (2006)Information Risk and Capital StructureMarket 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…Disclosure level and the cost of equity capital. (1997)Disclosure level and the cost…Agency costs of free cash flow, corporate finance, and takeovers (1996)Agency costs of free cash flo…The Theory of Capital Structure (1991)The Theory of Capital Structu…Managerial discretion and optimal financing policies (1990)Managerial discretion and opt…The Determinants of Capital Structure Choice (1988)The Determinants of Capital S…Using daily stock returns (1985)Using daily stock returnsThe Capital Structure Puzzle (1984)The Capital Structure PuzzleFinancial 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…Limited-dependent and qualitative variables in econometrics (1983)Limited-dependent and qualita…Determinants of corporate borrowing (1977)Determinants of corporate bor…Risk, Return, and Equilibrium: Empirical Tests (1973)Risk, Return, and Equilibrium…CORPORATE INCOME TAXES AND THE COST OF CAPITAL: A CORRECTION (1963)CORPORATE INCOME TAXES AND TH…Financial reporting quality and optimal capital structure (2023)Financial reporting quality a…Do trade credit and bank credit complement or substitute each other in public and private firms? (2023)Do trade credit and bank cred…Investor relations and information asymmetry (2017)Investor relations and inform…The impact of cross-listing in the United States on the precision of public and private information (2014)The impact of cross-listing i…Assimetria de informação na negociação de ações, características econômico-financeiras e governança corporativa no mercado acionário brasileiro (2014)Assimetria de informação na n…Does information risk affect the implied cost of equity capital? An analysis of PIN and adjusted PIN (2013)Does information risk affect …Do bond rating changes affect the information asymmetry of stock trading? (2010)Do bond rating changes affect…Impactos da assimetria de informação na estrutura de capital de empresas brasileiras abertas (2009)Impactos da assimetria de inf…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)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Behavior of Stock-Market Prices (1965)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)The arbitrage theory of capital asset pricing (1976)Moral Hazard and Observability (1979)Bank Runs, Deposit Insurance, and Liquidity (1983)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)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)An Empirical Evaluation of Accounting Income Numbers (1968)Time Series Analysis: Forecasting and Control (1977)Time Series Analysis: Forecasting and Control (1977)Efficient Capital Markets: II (1991)ARCH modeling in finance (1992)The Determination of Financial Structure: The Incentive-Signalling Approach (1977)Event Studies in Economics and Finance (1997)GROWTH, BETA AND AGENCY COSTS AS DETERMINANTS OF DIVIDEND PAYOUT RATIOS (1982)Two Agency-Cost Explanations of Dividends (1984)Corporate performance and managerial remuneration (1985)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)What Do We Know about Capital Structure? Some Evidence from International Data (1995)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Econometric Analysis of Cross Section and Panel Data (2001)Does Foreign Direct Investment Increase the Productivity of Domestic Firms? In Search of Spillovers Through Backward Linkages (2004)Introductory Econometrics for Finance (2008)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)
this work references cited by second hop

References

  • 1984Corporate financing and investment decisions when firms have information that investors do not have18,936 cited
  • 1973Risk, Return, and Equilibrium: Empirical Tests14,248 cited
  • 1983Limited-dependent and qualitative variables in econometrics13,257 cited
  • 1977Determinants of corporate borrowing13,160 cited
  • 1996Agency costs of free cash flow, corporate finance, and takeovers9,308 cited
  • 1984Financial Intermediation and Delegated Monitoring8,393 cited
  • 1984The Capital Structure Puzzle7,520 cited
  • 1984Corporate Financing and Investment Decisions When Firms Have InformationThat Investors Do Not Have6,535 cited
  • 1985Using daily stock returns6,497 cited
  • 1988The Determinants of Capital Structure Choice6,108 cited
  • 1963CORPORATE INCOME TAXES AND THE COST OF CAPITAL: A CORRECTION5,951 cited
  • 2001The theory and practice of corporate finance: evidence from the field5,947 cited
  • 1991The Theory of Capital Structure4,371 cited
  • 2002Market Timing and Capital Structure3,804 cited
  • 1990Managerial discretion and optimal financing policies3,679 cited
  • 1997

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work

Disclosure level and the cost of equity capital.
3,577 cited

Cited by

  • 2013Does information risk affect the implied cost of equity capital? An analysis of PIN and adjusted PIN54 cited
  • 2009Impactos da assimetria de informação na estrutura de capital de empresas brasileiras abertas39 cited
  • 2017Investor relations and information asymmetry35 cited
  • 2010Do bond rating changes affect the information asymmetry of stock trading?29 cited
  • 2014Assimetria de informação na negociação de ações, características econômico-financeiras e governança corporativa no mercado acionário brasileiro28 cited
  • 2023Financial reporting quality and optimal capital structure22 cited
  • 2014The impact of cross-listing in the United States on the precision of public and private information22 cited
  • 2023Do trade credit and bank credit complement or substitute each other in public and private firms?20 cited