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Deviation from target capital structure, cost of equity and speed of adjustment
16 references·16 citing·27 second hopsampled
Deviation from target capital structure, cost of equity and speed of adjustment (2016)Deviation from target capital structure, …The cost of capital, corporation finance and the theory of investment (2008)The cost of capital, corporat…Capital Structure Decisions: Which Factors Are Reliably Important? (2007)Capital Structure Decisions: …A finite sample correction for the variance of linear efficient two-step GMM estimators (2004)A finite sample correction fo…Testing Trade-Off and Pecking Order Predictions About Dividends and Debt (2002)Testing Trade-Off and Pecking…Initial conditions and moment restrictions in dynamic panel data models (1998)Initial conditions and moment…Industry costs of equity (1997)Industry costs of equityWhat Do We Know about Capital Structure? Some Evidence from International Data (1995)What Do We Know about Capital…Initial conditions and moment restrictions in dynamic panel data models (1995)Initial conditions and moment…The Cross-Section of Expected Stock Returns (1992)The Cross-Section of Expected…Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations (1991)Some Tests of Specification f…The Determinants of Capital Structure Choice (1988)The Determinants of Capital S…Permanent and Temporary Components of Stock Prices (1988)Permanent and Temporary Compo…Asset pricing and the bid-ask spread (1986)Asset pricing and the bid-ask…The Capital Structure Puzzle (1984)The Capital Structure PuzzleCORPORATE INCOME TAXES AND THE COST OF CAPITAL: A CORRECTION (1963)CORPORATE INCOME TAXES AND TH…The Cost of Capital, Corporation Finance and the Theory of Investment (1958)The Cost of Capital, Corporat…The combined effects of economic policy uncertainty and environmental, social, and governance ratings on leverage (2023)The combined effects of econo…Exploring the asymmetric impact of sustainability reporting on financial performance in the utilities sector: A longitudinal comparative analysis (2023)Exploring the asymmetric impa…Does digital transformation speed up dynamic capital structure adjustment? Evidence from China (2023)Does digital transformation s…Does climate risk exposure affect corporate leverage adjustment speed? International evidence (2023)Does climate risk exposure af…The effect of corporate sustainability performance on leverage adjustments (2021)The effect of corporate susta…Foreign institutional ownership and the speed of leverage adjustment: International evidence (2021)Foreign institutional ownersh…Effect of positive tone in MD&A disclosure on capital structure adjustment speed: evidence from China (2021)Effect of positive tone in MD…Economic policy uncertainty and leverage dynamics: Evidence from an emerging economy (2021)Economic policy uncertainty a…Board monitoring and capital structure dynamics: evidence from bank-based economies (2021)Board monitoring and capital …Rethinking Capital Structure Decision and Corporate Social Responsibility in Response to COVID-19 (2020)Rethinking Capital Structure …News media coverage and corporate leverage adjustments (2019)News media coverage and corpo…What is the Role of Institutional Investors in Corporate Capital Structure Decisions? A Survey Analysis (2018)What is the Role of Instituti…The impact of firm characteristics on speed of adjustment to target leverage: a UK study (2018)The impact of firm characteri…Quality of Corporate Social Responsibility Disclosure and Cost of Equity Capital: Lessons from China (2018)Quality of Corporate Social R…Debt Covenants and the Speed of Capital Structure Adjustment (2017)Debt Covenants and the Speed …Evaluating Implied Cost of Capital Estimates (2011)Evaluating Implied Cost of Ca…Specification Tests in Econometrics (1978)Econometric Analysis of Cross Section and Panel Data (2001)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Significance tests and goodness of fit in the analysis of covariance structures. (1980)Corporate financing and investment decisions when firms have information that investors do not have (1984)Firms, Contracts, and Financial Structure (1995)The theory and practice of corporate finance: evidence from the field (2001)DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES (1956)The Pricing of Options and Corporate Liabilities (1973)Law and Finance (1998)Biases in Dynamic Models with Fixed Effects (1981)Another look at the instrumental variable estimation of error-components models (1995)How to do Xtabond2: An Introduction to Difference and System GMM in Stata (2009)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets (1965)Risk, Return, and Equilibrium: Empirical Tests (1973)Common risk factors in the returns on stocks and bonds (1993)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)Illiquidity and stock returns: cross-section and time-series effects (2002)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)The Theory of Capital Structure (1991)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)A Survey of Corporate Governance (1997)How to do Xtabond2: An Introduction to Difference and System GMM in Stata (2007)Financing Innovation and Growth: Cash Flow, External Equity, and the 1990s R&D Boom (2009)Does Corporate Social Responsibility Affect the Cost of Capital? (2010)Corporate Ownership Around the World (1999)
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References

  • 1991Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations33,089 cited
  • 1998Initial conditions and moment restrictions in dynamic panel data models22,547 cited
  • 1992The Cross-Section of Expected Stock Returns17,251 cited
  • 1995Initial conditions and moment restrictions in dynamic panel data models14,749 cited
  • 1958The Cost of Capital, Corporation Finance and the Theory of Investment14,494 cited
  • 2008The cost of capital, corporation finance and the theory of investment8,614 cited
  • 1984The Capital Structure Puzzle7,520 cited
  • 1995What Do We Know about Capital Structure? Some Evidence from International Data6,527 cited
  • 1988The Determinants of Capital Structure Choice6,108 cited
  • 2004A finite sample correction for the variance of linear efficient two-step GMM estimators5,973 cited
  • 1963CORPORATE INCOME TAXES AND THE COST OF CAPITAL: A CORRECTION5,951 cited
  • 1997Industry costs of equity5,793 cited
  • 1986Asset pricing and the bid-ask spread5,087 cited
  • 2002Testing Trade-Off and Pecking Order Predictions About Dividends and Debt3,396 cited
  • 1988Permanent and Temporary Components of Stock Prices

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3,036 cited
  • 2007Capital Structure Decisions: Which Factors Are Reliably Important?2,853 cited
  • Cited by

    • 2017Debt Covenants and the Speed of Capital Structure Adjustment132 cited
    • 2020Rethinking Capital Structure Decision and Corporate Social Responsibility in Response to COVID-19109 cited
    • 2021The effect of corporate sustainability performance on leverage adjustments93 cited
    • 2021Board monitoring and capital structure dynamics: evidence from bank-based economies92 cited
    • 2019News media coverage and corporate leverage adjustments90 cited
    • 2023Does digital transformation speed up dynamic capital structure adjustment? Evidence from China84 cited
    • 2011Evaluating Implied Cost of Capital Estimates76 cited
    • 2021Economic policy uncertainty and leverage dynamics: Evidence from an emerging economy70 cited
    • 2018Quality of Corporate Social Responsibility Disclosure and Cost of Equity Capital: Lessons from China68 cited
    • 2021Foreign institutional ownership and the speed of leverage adjustment: International evidence60 cited
    • 2021Effect of positive tone in MD&A disclosure on capital structure adjustment speed: evidence from China58 cited
    • 2023The combined effects of economic policy uncertainty and environmental, social, and governance ratings on leverage58 cited
    • 2018What is the Role of Institutional Investors in Corporate Capital Structure Decisions? A Survey Analysis54 cited
    • 2023Does climate risk exposure affect corporate leverage adjustment speed? International evidence46 cited
    • 2018The impact of firm characteristics on speed of adjustment to target leverage: a UK study39 cited
    • 2023Exploring the asymmetric impact of sustainability reporting on financial performance in the utilities sector: A longitudinal comparative analysis35 cited