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Does the legal origin affect corporate cash holding?
16 references·1 citing·29 second hop
Does the legal origin affect corporate cash holding? (2020)Does the legal origin affect corporate ca…The real effects of financial constraints: Evidence from a financial crisis (2010)The real effects of financial…Costly external finance, corporate investment, and the subprime mortgage credit crisis (2010)Costly external finance, corp…Why Do U.S. Firms Hold So Much More Cash than They Used To? (2009)Why Do U.S. Firms Hold So Muc…The Economic Consequences of Legal Origins (2008)The Economic Consequences of …Corporate Financial Policy and the Value of Cash (2006)Corporate Financial Policy an…The Cash Flow Sensitivity of Cash (2004)The Cash Flow Sensitivity of …International Corporate Governance and Corporate Cash Holdings (2003)International Corporate Gover…Institutional causes, macroeconomic symptoms: volatility, crises and growth (2003)Institutional causes, macroec…Investor protection and corporate governance (2000)Investor protection and corpo…The determinants and implications of corporate cash holdings (1999)The determinants and implicat…Corporate Ownership Around the World (1999)Corporate Ownership Around th…Law and Finance (1998)Law and FinanceLegal Determinants of External Finance (1997)Legal Determinants of Externa…Agency costs of free cash flow, corporate finance, and takeovers (1996)Agency costs of free cash flo…Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Agency Costs of Free Cash Flo…Risk, Return, and Equilibrium: Empirical Tests (1973)Risk, Return, and Equilibrium…Inflation and stock market growth: the case of IPO withdrawal (2023)Inflation and stock market gr…What Do We Know about Capital Structure? Some Evidence from International Data (1995)A Survey of Corporate Governance (1997)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Behavior of Stock-Market Prices (1965)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)GROWTH, BETA AND AGENCY COSTS AS DETERMINANTS OF DIVIDEND PAYOUT RATIOS (1982)Two Agency-Cost Explanations of Dividends (1984)Corporate performance and managerial remuneration (1985)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)The Problem of Social Cost (1960)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Corporate Governance and Equity Prices (2003)Earnings management and investor protection: an international comparison (2003)Law, finance, and economic growth in China (2005)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)The Colonial Origins of Comparative Development: An Empirical Investigation (2001)The General Theory of Employment, Interest and Money. (1936)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)The theory and practice of corporate finance: evidence from the field (2001)New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index (2010)Corporate social responsibility and access to finance (2013)Corporate financing and investment decisions when firms have information that investors do not have (1984)Does Culture Affect Economic Outcomes? (2006)Ruggedness: The Blessing of Bad Geography in Africa (2009)Inherited Trust and Growth (2010)The separation of ownership and control in East Asian Corporations (2000)
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References

  • 1998Law and Finance17,902 cited
  • 1986Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers17,216 cited
  • 1973Risk, Return, and Equilibrium: Empirical Tests14,248 cited
  • 1999Corporate Ownership Around the World10,565 cited
  • 1997Legal Determinants of External Finance9,776 cited
  • 1996Agency costs of free cash flow, corporate finance, and takeovers9,308 cited
  • 2000Investor protection and corporate governance6,847 cited
  • 1999The determinants and implications of corporate cash holdings3,910 cited
  • 2004The Cash Flow Sensitivity of Cash3,523 cited
  • 2008The Economic Consequences of Legal Origins3,216 cited
  • 2009Why Do U.S. Firms Hold So Much More Cash than They Used To?2,896 cited
  • 2010The real effects of financial constraints: Evidence from a financial crisis2,298 cited
  • 2006Corporate Financial Policy and the Value of Cash1,642 cited
  • 2003International Corporate Governance and Corporate Cash Holdings1,636 cited
  • 2003Institutional causes, macroeconomic symptoms: volatility, crises and growth1,502 cited
  • 2010Costly external finance, corporate investment, and the subprime mortgage credit crisis

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  • 2023Inflation and stock market growth: the case of IPO withdrawal14 cited