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Private benefits of control and bank loan contracts
16 references·8 citing·37 second hop
Private benefits of control and bank loan contracts (2018)Private benefits of control and bank loan…Quantifying Managerial Ability: A New Measure and Validity Tests (2011)Quantifying Managerial Abilit…Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches (2008)Estimating Standard Errors in…Measuring and Explaining Management Practices Across Firms and Countries (2007)Measuring and Explaining Mana…Information Asymmetry and Financing Arrangements: Evidence from Syndicated Loans (2007)Information Asymmetry and Fin…Measuring and Explaining Management Practices Across Firms and Countries (2006)Measuring and Explaining Mana…Private Benefits of Control: An International Comparison (2004)Private Benefits of Control: …The separation of ownership and control in East Asian Corporations (2000)The separation of ownership a…Industry costs of equity (1997)Industry costs of equityAn Empirical Analysis of the Relation between the Board of Director Composition and Financial Statement Fraud (1997)An Empirical Analysis of the …The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)The Modern Industrial Revolut…Management entrenchment (1989)Management entrenchmentOutside directors and CEO turnover (1988)Outside directors and CEO tur…Errors in variables in panel data (1986)Errors in variables in panel …Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency Costs of Free Cash Flo…Separation of Ownership and Control (1983)Separation of Ownership and C…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…The effect of co-opted directors on real earnings management (2023)The effect of co-opted direct…Impact of green credit policy on sustainability performance of high-pollution enterprises (2022)Impact of green credit policy…Determinants and consequences of debt maturity structure: A systematic review of the international literature (2022)Determinants and consequences…Controlling shareholder expropriation and labor investment efficiency (2022)Controlling shareholder expro…Accounting-Driven Bank Monitoring and Firms’ Debt Structure: Evidence from IFRS 9 Adoption (2022)Accounting-Driven Bank Monito…The impact of shareholder intervention on overinvestment of free cash flow by overconfident CEOs (2021)The impact of shareholder int…Do CEOs with academic experience add value to firms? Evidence on bank loans from Chinese firms (2021)Do CEOs with academic experie…Does state ownership hurt or help minority shareholders? International evidence from control block acquisitions (2019)Does state ownership hurt or …CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)Multifactor Explanations of Asset Pricing Anomalies (1996)Measuring Mutual Fund Performance with Characteristic‐Based Benchmarks (1997)Conditional Skewness in Asset Pricing Tests (2000)Agency Problems and the Theory of the Firm (1980)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)The Nature of the Firm (1937)The Pricing of Options and Corporate Liabilities (1973)Corporate financing and investment decisions when firms have information that investors do not have (1984)Performance Pay and Top-Management Incentives (1990)Agency costs of free cash flow, corporate finance, and takeovers (1996)Higher market valuation of companies with a small board of directors (1996)Corporate governance, chief executive officer compensation, and firm performance (1999)Law and Finance (1998)Corporate Ownership Around the World (1999)Investor protection and corporate governance (2000)How do family ownership, control and management affect firm value? (2005)Law, finance, and economic growth in China (2005)Markets and Hierarchies: Analysis and Antitrust Implications. (1976)Agency Theory: An Assessment and Review (1989)Strategic assets and organizational rent (1993)A Survey of Corporate Governance (1997)Finance and Growth: Theory and Evidence (2004)The Economic Consequences of Legal Origins (2008)The law and economics of self-dealing (2008)Risk, Return, and Equilibrium: Empirical Tests (1973)Specification Tests in Econometrics (1978)Econometric Analysis of Cross Section and Panel Data (2001)Robust Standard Errors for Panel Regressions with Cross-Sectional Dependence (2007)Robust Inference With Multiway Clustering (2011)Policy Uncertainty and Corporate Investment (2015)Financial accounting information and corporate governance (2001)Audit committee, board of director characteristics, and earnings management (2002)Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)
this work references cited by second hop

References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1983Separation of Ownership and Control19,446 cited
  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 2008Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches10,793 cited
  • 1993The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems8,544 cited
  • 1997Industry costs of equity5,793 cited
  • 2000The separation of ownership and control in East Asian Corporations5,753 cited
  • 1988Outside directors and CEO turnover4,251 cited
  • 1997An Empirical Analysis of the Relation between the Board of Director Composition and Financial Statement Fraud3,518 cited
  • 2004Private Benefits of Control: An International Comparison2,512 cited
  • 2007Measuring and Explaining Management Practices Across Firms and Countries2,373 cited
  • 1989Management entrenchment2,155 cited
  • 2011Quantifying Managerial Ability: A New Measure and Validity Tests1,899 cited
  • 1986Errors in variables in panel data1,625 cited
  • 2007Information Asymmetry and Financing Arrangements: Evidence from Syndicated Loans1,572 cited

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  • 2006Measuring and Explaining Management Practices Across Firms and Countries1,450 cited
  • Cited by

    • 2022Determinants and consequences of debt maturity structure: A systematic review of the international literature45 cited
    • 2021Do CEOs with academic experience add value to firms? Evidence on bank loans from Chinese firms34 cited
    • 2022Controlling shareholder expropriation and labor investment efficiency33 cited
    • 2022Accounting-Driven Bank Monitoring and Firms’ Debt Structure: Evidence from IFRS 9 Adoption29 cited
    • 2022Impact of green credit policy on sustainability performance of high-pollution enterprises27 cited
    • 2019Does state ownership hurt or help minority shareholders? International evidence from control block acquisitions24 cited
    • 2021The impact of shareholder intervention on overinvestment of free cash flow by overconfident CEOs23 cited
    • 2023The effect of co-opted directors on real earnings management14 cited