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Risk Shifting versus Risk Management: Investment Policy in Corporate Pension Plans
16 references·0 citing·43 second hop
Risk Shifting versus Risk Management: Investment Policy in Corporate Pension Plans (2007)Risk Shifting versus Risk Management: Inv…Financial distress and corporate risk management: Theory and evidence (2008)Financial distress and corpor…Is cash negative debt? A hedging perspective on corporate financial policies (2007)Is cash negative debt? A hedg…Investment and Financing Constraints: Evidence from the Funding of Corporate Pension Plans (2006)Investment and Financing Cons…Agency Costs, Risk Management, and Capital Structure (1998)Agency Costs, Risk Management…How Costly is Financial (Not Economic) Distress? Evidence from Highly Leveraged Transactions that Became Distressed (1997)How Costly is Financial (Not …Theory of the firm; managerial Behavior, Agency Costs, and Ownership Structure (1996)Theory of the firm; manageria…Risk Management: Coordinating Corporate Investment and Financing Policies (1993)Risk Management: Coordinating…The Theory of Capital Structure (1991)The Theory of Capital Structu…Status quo bias in decision making (1988)Status quo bias in decision m…Corporate Insurance and the Underinvestment Problem (1987)Corporate Insurance and the U…The Determinants of Firms' Hedging Policies (1985)The Determinants of Firms' He…On the Corporate Demand for Insurance (1982)On the Corporate Demand for I…Determinants of corporate borrowing (1977)Determinants of corporate bor…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…Corporate pension funding policy (1976)Corporate pension funding pol…Risk and uncertainty: a fallacy of large numbers (1963)Risk and uncertainty: a falla…The Structure of Scientific Revolutions (1963)Prospect Theory: An Analysis of Decision under Risk (1979)Prospect theory: An analysis of decision under risk (1988)Loss Aversion in Riskless Choice: A Reference-Dependent Model (1991)A perspective on judgment and choice: Mapping bounded rationality. (2003)Maps of Bounded Rationality: Psychology for Behavioral Economics (2003)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Dividend Policy, Growth, and the Valuation of Shares (1961)The Capital Structure Puzzle (1984)A Survey of Corporate Governance (1997)Corporate financing and investment decisions when firms have information that investors do not have (1984)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Firms, Contracts, and Financial Structure (1995)What Do We Know about Capital Structure? Some Evidence from International Data (1995)On financial contracting (1979)Optimal capital structure under corporate and personal taxation (1980)The investment opportunity set and corporate financing, dividend, and compensation policies (1992)Managerial incentives and risk-taking☆ (2005)The relationship between corporate social responsibility and shareholder value: an empirical test of the risk management hypothesis (2008)The Pricing of Options and Corporate Liabilities (1973)Term Structures of Credit Spreads with Incomplete Accounting Information (2001)Capital Structure and Stock Returns (2004)Environmental risk management and the cost of capital (2008)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)Managerial discretion and optimal financing policies (1990)Liquidation Values and Debt Capacity: A Market Equilibrium Approach (1992)Financial Distress and Corporate Performance (1994)How Big Are the Tax Benefits of Debt? (2000)Asset Fire Sales (and Purchases) in Equity Markets (2005)The theory and practice of corporate finance: evidence from the field (2001)Corporate precautionary cash holdings (2006)Do financing constraints matter for R&D? (2012)Corporate Immunity to the COVID-19 Pandemic (2020)The impact of monetary policy on bank balance sheets (1995)Equilibrium and welfare in markets with financially constrained arbitrageurs (2002)Capital regulation, risk-taking and monetary policy: A missing link in the transmission mechanism? (2011)INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION (1977)Reputation Acquisition in Debt Markets (1989)Finance and Growth: Theory and Evidence (2004)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1977Determinants of corporate borrowing13,160 cited
  • 1988Status quo bias in decision making5,912 cited
  • 1991The Theory of Capital Structure4,371 cited
  • 1996Theory of the firm; managerial Behavior, Agency Costs, and Ownership Structure4,245 cited
  • 1985The Determinants of Firms' Hedging Policies3,270 cited
  • 1998Agency Costs, Risk Management, and Capital Structure1,495 cited
  • 1997How Costly is Financial (Not Economic) Distress? Evidence from Highly Leveraged Transactions that Became Distressed1,255 cited
  • 1993Risk Management: Coordinating Corporate Investment and Financing Policies962 cited
  • 2007Is cash negative debt? A hedging perspective on corporate financial policies896 cited
  • 2006Investment and Financing Constraints: Evidence from the Funding of Corporate Pension Plans829 cited
  • 1963Risk and uncertainty: a fallacy of large numbers615 cited
  • 1982On the Corporate Demand for Insurance609 cited
  • 1976Corporate pension funding policy413 cited
  • 2008Financial distress and corporate risk management: Theory and evidence364 cited

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  • 1987Corporate Insurance and the Underinvestment Problem356 cited
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