SZodixStudyAcademic Library
ShelvesOpen access
Study · an open academic library·Metadata from OpenAlex (CC0)·Shelves·OpenAlex metadata, de-duplicated
Do Firms Engage in Risk-Shifting? Empirical Evidence
16 references·16 citing·41 second hopsampled
Do Firms Engage in Risk-Shifting? Empirical Evidence (2016)Do Firms Engage in Risk-Shifting? Empiric…Growing Out of Trouble? Corporate Responses to Liability Risk (2011)Growing Out of Trouble? Corpo…Financial Constraints, Investment, and the Value of Cash Holdings (2009)Financial Constraints, Invest…Forecasting Default with the Merton Distance to Default Model (2008)Forecasting Default with the …Managerial incentives and risk-taking☆ (2005)Managerial incentives and ris…Capital Structure and Stock Returns (2004)Capital Structure and Stock R…The theory and practice of corporate finance: evidence from the field (2001)The theory and practice of co…How Costly is Financial (Not Economic) Distress? Evidence from Highly Leveraged Transactions that Became Distressed (1997)How Costly is Financial (Not …Top-Management Compensation and Capital Structure (1993)Top-Management Compensation a…Insiders and Outsiders: The Choice between Informed and Arm's-Length Debt (1992)Insiders and Outsiders: The C…Asymmetric Information, Bank Lending and Implicit Contracts: A Stylized Model of Customer Relationships (1990)Asymmetric Information, Bank …Reputation Acquisition in Debt Markets (1989)Reputation Acquisition in Deb…Investment incentives, debt, and warrants (1984)Investment incentives, debt, …On financial contracting (1979)On financial contractingTheory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)ON THE PRICING OF CORPORATE D…On the Pricing of Corporate Debt: The Risk Structure of Interest Rates (1974)On the Pricing of Corporate D…Debt Overhang, Rollover Risk, and Corporate Investment: Evidence from the European Crisis (2022)Debt Overhang, Rollover Risk,…The role of financial conditions in portfolio choices: The case of insurers (2021)The role of financial conditi…How Do Financial Constraints Affect Product Pricing? Evidence from Weather and Life Insurance Premiums (2021)How Do Financial Constraints …Hedging and investment trade-offs in the U.S. oil industry (2021)Hedging and investment trade-…Do government subsidies improve innovation investment for new energy firms: A quasi-natural experiment of China's listed companies (2021)Do government subsidies impro…Women on boards and corporate social irresponsibility: evidence from a Granger style reverse causality minimisation procedure (2020)Women on boards and corporate…The Effect of Bank Supervision and Examination on Risk Taking: Evidence from a Natural Experiment (2020)The Effect of Bank Supervisio…Bank Capital Redux: Solvency, Liquidity, and Crisis (2020)Bank Capital Redux: Solvency,…Debt Overhang, Rollover Risk, and Corporate Investment: Evidence from the European Crisis (2019)Debt Overhang, Rollover Risk,…Debt Overhang, Rollover Risk, and Corporate Investment: Evidence from the European Crisis (2018)Debt Overhang, Rollover Risk,…Creditor Influence and CEO Compensation: Evidence from Debt Covenant Violations (2018)Creditor Influence and CEO Co…Agency Conflicts around the World (2018)Agency Conflicts around the W…Shareholder-Creditor Conflict and Payout Policy: Evidence from Mergers between Lenders and Shareholders (2017)Shareholder-Creditor Conflict…Bank Capital Redux: Solvency, Liquidity, and Crisis (2017)Bank Capital Redux: Solvency,…Institutional Dual Holdings and Risk Shifting: Evidence from Corporate Innovation (2016)Institutional Dual Holdings a…Corporate Distress and Lobbying: Evidence from the Stimulus Act (2013)Corporate Distress and Lobbyi…The Problem of Social Cost (1960)The Pricing of Options and Corporate Liabilities (1973)Financial Intermediation and Delegated Monitoring (1984)A Survey of Corporate Governance (1997)Credit Rationing in Markets with Imperfect Information (1981)The Role of Market Forces in Assuring Contractual Performance (1981)What's different about banks? (1985)Relationship Banking: What Do We Know? (2000)Liquidity Risk, Liquidity Creation, and Financial Fragility: A Theory of Banking (2001)A more complete conceptual framework for SME finance (2006)FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY (1968)Boards: Does one size fit all☆ (2007)Are Overconfident CEOs Better Innovators? (2012)Corporate Immunity to the COVID-19 Pandemic (2020)Forecasting Bankruptcy More Accurately: A Simple Hazard Model (2001)The Economics of Structured Finance (2009)Credit Spreads and Business Cycle Fluctuations (2012)Predictably Unequal? The Effects of Machine Learning on Credit Markets (2021)Determinants of corporate borrowing (1977)Two Agency-Cost Explanations of Dividends (1984)What Do We Know about Capital Structure? Some Evidence from International Data (1995)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)Agency Problems and the Theory of the Firm (1980)The importance of relationships to the availability of credit (1998)Herding among Investment Newsletters: Theory and Evidence (1999)The Digitization of Word of Mouth: Promise and Challenges of Online Feedback Mechanisms (2003)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Option pricing when underlying stock returns are discontinuous (1976)The valuation of options for alternative stochastic processes (1976)An equilibrium characterization of the term structure (1977)The Nature of the Firm (1937)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Separation of Ownership and Control (1983)Law and Finance (1998)Corporate financing and investment decisions when firms have information that investors do not have (1984)The Cross-Section of Expected Stock Returns (1992)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)The cost of capital, corporation finance and the theory of investment (2008)
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
  • 1974ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES*10,779 cited
  • 2001The theory and practice of corporate finance: evidence from the field5,947 cited
  • 1992Insiders and Outsiders: The Choice between Informed and Arm's-Length Debt3,902 cited
  • 2005Managerial incentives and risk-taking☆2,924 cited
  • 1979On financial contracting2,901 cited
  • 1974On the Pricing of Corporate Debt: The Risk Structure of Interest Rates2,752 cited
  • 1990Asymmetric Information, Bank Lending and Implicit Contracts: A Stylized Model of Customer Relationships2,333 cited
  • 2008Forecasting Default with the Merton Distance to Default Model2,220 cited
  • 1989Reputation Acquisition in Debt Markets1,627 cited
  • 2009Financial Constraints, Investment, and the Value of Cash Holdings1,382 cited
  • 1997How Costly is Financial (Not Economic) Distress? Evidence from Highly Leveraged Transactions that Became Distressed1,255 cited
  • 2004Capital Structure and Stock Returns1,250 cited
  • 1993Top-Management Compensation and Capital Structure813 cited
  • 1984Investment incentives, debt, and warrants

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

691 cited
  • 2011Growing Out of Trouble? Corporate Responses to Liability Risk689 cited
  • Cited by

    • 2021Do government subsidies improve innovation investment for new energy firms: A quasi-natural experiment of China's listed companies237 cited
    • 2018Debt Overhang, Rollover Risk, and Corporate Investment: Evidence from the European Crisis139 cited
    • 2022Debt Overhang, Rollover Risk, and Corporate Investment: Evidence from the European Crisis127 cited
    • 2017Shareholder-Creditor Conflict and Payout Policy: Evidence from Mergers between Lenders and Shareholders121 cited
    • 2013Corporate Distress and Lobbying: Evidence from the Stimulus Act114 cited
    • 2020Bank Capital Redux: Solvency, Liquidity, and Crisis100 cited
    • 2021The role of financial conditions in portfolio choices: The case of insurers88 cited
    • 2021How Do Financial Constraints Affect Product Pricing? Evidence from Weather and Life Insurance Premiums84 cited
    • 2016Institutional Dual Holdings and Risk Shifting: Evidence from Corporate Innovation64 cited
    • 2017Bank Capital Redux: Solvency, Liquidity, and Crisis64 cited
    • 2020The Effect of Bank Supervision and Examination on Risk Taking: Evidence from a Natural Experiment63 cited
    • 2018Creditor Influence and CEO Compensation: Evidence from Debt Covenant Violations62 cited
    • 2019Debt Overhang, Rollover Risk, and Corporate Investment: Evidence from the European Crisis59 cited
    • 2020Women on boards and corporate social irresponsibility: evidence from a Granger style reverse causality minimisation procedure58 cited
    • 2018Agency Conflicts around the World58 cited
    • 2021Hedging and investment trade-offs in the U.S. oil industry49 cited