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Customer risk and corporate financial policy: Evidence from receivables securitization
16 references·3 citing·43 second hopsampled
Customer risk and corporate financial policy: Evidence from receivables securitization (2017)Customer risk and corporate financial pol…The Determinants of Capital Structure (2017)The Determinants of Capital S…Customer concentration risk and the cost of equity capital (2015)Customer concentration risk a…Trade Credit, Relationship-specific Investment, and Product Market Power (2014)Trade Credit, Relationship-sp…Customers and cash: How relationships affect suppliers' cash holdings (2012)Customers and cash: How relat…The Evolution of a Financial Crisis: Collapse of the Asset-Backed Commercial Paper Market (2011)The Evolution of a Financial …Customer-Base Concentration: Implications for Firm Performance and Capital Markets (2011)Customer-Base Concentration: …Economic Links and Predictable Returns (2008)Economic Links and Predictabl…Buyer–Supplier Relationships and the Stakeholder Theory of Capital Structure (2008)Buyer–Supplier Relationships …Inter-firm linkages and the wealth effects of financial distress along the supply chain☆ (2007)Inter-firm linkages and the w…Financial Synergies and the Optimal Scope of the Firm: Implications for Mergers, Spinoffs, and Structured Finance (2007)Financial Synergies and the O…Capital Structure Decisions: Which Factors Are Reliably Important? (2007)Capital Structure Decisions: …Idiosyncratic Volatility and Product Market Competition* (2006)Idiosyncratic Volatility and …Corporate capital structure and the characteristics of suppliers and customers (2006)Corporate capital structure a…The Pooling and Tranching of Securities: A Model of Informed Intermediation (2004)The Pooling and Tranching of …The Determinants of Capital Structure Choice (1988)The Determinants of Capital S…The effect of capital structure on a firm's liquidation decision (1984)The effect of capital structu…Supply-Chain Concentration and Inefficient Investment (2023)Supply-Chain Concentration an…Distance produces the fear of loss: Customer geographic proximity and corporate cash holdings (2023)Distance produces the fear of…A Comparative Analysis of Ex Ante Credit Spreads: Structured Finance Versus Straight Debt Finance (2013)A Comparative Analysis of Ex …The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Risk, Return, and Equilibrium: Empirical Tests (1973)The Economic Institutions of Capitalism (1987)Employee treatment and firm leverage: A test of the stakeholder theory of capital structure (2010)Customer Concentration and Loan Contract Terms (2014)Corporate Innovation Along the Supply Chain (2018)Corporate Forecasts of Earnings Per Share and Stock Price Behavior: Empirical Test (1976)Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)Input Specificity and the Propagation of Idiosyncratic Shocks in Production Networks * (2016)The Impact of Climate Change on the Cost of Bank Loans (2020)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Determinants of corporate borrowing (1977)How Big Are the Tax Benefits of Debt? (2000)In Search of New Foundations (2000)Stakeholder Theory: The State of the Art (2010)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Back to the Beginning: Persistence and the Cross‐Section of Corporate Capital Structure (2008)Do Peer Firms Affect Corporate Financial Policy? (2013)… and the Cross-Section of Expected Returns (2015)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)A Survey of Corporate Governance (1997)The theory and practice of corporate finance: evidence from the field (2001)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION (1977)Financial Intermediation and Delegated Monitoring (1984)Economic Catastrophe Bonds (2008)Loan Sales and Relationship Banking (2008)A Model of Shadow Banking (2013)Investigating Causal Relations by Econometric Models and Cross-spectral Methods (1969)Are US Industries Becoming More Concentrated? (2019)Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations (1991)Testing the pecking order theory of capital structure (2002)Socially responsible corporate customers (2020)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)Carbon Risk and Corporate Capital Structure (2018)The Effects of Financial Reporting and Disclosure on Corporate Investment: A Review (2019)Navigating through economic policy uncertainty: The role of corporate cash holdings (2020)Driven to Distraction: Extraneous Events and Underreaction to Earnings News (2009)Investor Inattention and Friday Earnings Announcements (2009)Investor Sentiment Aligned: A Powerful Predictor of Stock Returns (2014)
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References

  • 1988The Determinants of Capital Structure Choice6,108 cited
  • 2007Capital Structure Decisions: Which Factors Are Reliably Important?2,853 cited
  • 1984The effect of capital structure on a firm's liquidation decision1,501 cited
  • 2008Economic Links and Predictable Returns1,411 cited
  • 2015Customer concentration risk and the cost of equity capital890 cited
  • 2011Customer-Base Concentration: Implications for Firm Performance and Capital Markets789 cited
  • 2007Inter-firm linkages and the wealth effects of financial distress along the supply chain☆757 cited
  • 2004The Pooling and Tranching of Securities: A Model of Informed Intermediation632 cited
  • 2008Buyer–Supplier Relationships and the Stakeholder Theory of Capital Structure631 cited
  • 2006Corporate capital structure and the characteristics of suppliers and customers557 cited
  • 2006Idiosyncratic Volatility and Product Market Competition*511 cited
  • 2011The Evolution of a Financial Crisis: Collapse of the Asset-Backed Commercial Paper Market413 cited
  • 2017The Determinants of Capital Structure356 cited
  • 2012Customers and cash: How relationships affect suppliers' cash holdings350 cited
  • 2014Trade Credit, Relationship-specific Investment, and Product Market Power

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304 cited
  • 2007Financial Synergies and the Optimal Scope of the Firm: Implications for Mergers, Spinoffs, and Structured Finance276 cited
  • Cited by

    • 2013A Comparative Analysis of Ex Ante Credit Spreads: Structured Finance Versus Straight Debt Finance37 cited
    • 2023Supply-Chain Concentration and Inefficient Investment35 cited
    • 2023Distance produces the fear of loss: Customer geographic proximity and corporate cash holdings15 cited