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Corporate zombies: anatomy and life cycle
16 references·8 citing·43 second hop
Corporate zombies: anatomy and life cycle (2022)Corporate zombies: anatomy and life cycleThe walking dead? Zombie firms and productivity performance in OECD countries (2018)The walking dead? Zombie firm…The rise of zombie firms: causes and consequences (2018)The rise of zombie firms: cau…Whatever It Takes: The Real Effects of Unconventional Monetary Policy (2017)Whatever It Takes: The Real E…Is the US Public Corporation in Trouble? (2017)Is the US Public Corporation …Capital Allocation and Productivity in South Europe* (2017)Capital Allocation and Produc…Intangible capital and the investment-q relation (2016)Intangible capital and the in…Reallocation in the Great Recession: Cleansing or Not? (2015)Reallocation in the Great Rec…Firm-Level Productivity, Risk, and Return (2014)Firm-Level Productivity, Risk…Why Did ‘Zombie’ Firms Recover in Japan? (2011)Why Did ‘Zombie’ Firms Recove…Access to Capital, Capital Structure, and the Funding of the Firm (2009)Access to Capital, Capital St…Zombie Lending and Depressed Restructuring in Japan (2008)Zombie Lending and Depressed …Financial Constraints, Asset Tangibility, and Corporate Investment (2007)Financial Constraints, Asset …Capital Structure Decisions: Which Factors Are Reliably Important? (2007)Capital Structure Decisions: …Taxes and Corporate Finance: A Review (2003)Taxes and Corporate Finance: …Estimating Production Functions Using Inputs to Control for Unobservables (2003)Estimating Production Functio…Financial Dependence and Growth (1996)Financial Dependence and Grow…The rise of the walking dead: Zombie firms around the world (2024)The rise of the walking dead:…Evergreening (2024)EvergreeningThe crowding-out effect of zombie companies on fixed asset investment: Evidence from China (2023)The crowding-out effect of zo…A hidden channel of “blood transfusion”: Internal capital market subsidies and zombie firms (2023)A hidden channel of “blood tr…A 50-Year History of 'Zombie Firms' in Japan: How Banks and Shareholders Have Been Involved in Corporate Bailouts? (2022)A 50-Year History of 'Zombie …Covid-19 and the euthanasia of interest rates: A critical assessment of central bank policy in our times (2021)Covid-19 and the euthanasia o…Corporate debt booms, financial constraints and the investment nexus (2021)Corporate debt booms, financi…Bank Specialization and Zombie Lending (2021)Bank Specialization and Zombi…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Determinants of corporate borrowing (1977)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)Credit Rationing in Markets with Imperfect Information (1981)A Contribution to the Empirics of Economic Growth (1992)Financial intermediation and growth: Causality and causes (2000)Finance and Growth: Theory and Evidence (2004)Law, finance, and economic growth in China (2005)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Risk, Return, and Equilibrium: Empirical Tests (1973)Corporate financing and investment decisions when firms have information that investors do not have (1984)The pecking order, debt capacity, and information asymmetry (2009)Determinants of corporate cash policy: Insights from private firms (2013)Financial dependence and innovation: The case of public versus private firms (2016)Credit Cycles (1997)The European Trust Crisis and the Rise of Populism (2017)Credit Allocation Under Economic Stimulus: Evidence from China (2019)Monitoring and Reputation: The Choice between Bank Loans and Directly Placed Debt (1991)Inside the Black Box: The Credit Channel of Monetary Policy Transmission (1995)A capital structure channel of monetary policy (2019)Identifying credit supply shocks with bank-firm data: Methods and applications (2019)Life below Zero: Bank Lending under Negative Policy Rates (2019)Technical Change and the Aggregate Production Function (1957)Reallocation, Firm Turnover, and Efficiency: Selection on Productivity or Profitability? (2008)What Determines Productivity? (2011)Oil prices, US stock return, and the dependence between their quantiles (2015)Financing Constraints and Corporate Investment (1987)Financing Constraints and Corporate Investment (1988)Some Tests of Specification for Panel Data: Monte Carlo Evidence and an Application to Employment Equations (1991)The Effects of Financial Reporting and Disclosure on Corporate Investment: A Review (2019)The Productivity J-Curve: How Intangibles Complement General Purpose Technologies (2020)Artificial intelligence, firm growth, and product innovation (2023)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index (2010)Policy Uncertainty and Corporate Investment (2015)Tax shelters and corporate debt policy (2006)The Value of Financial Flexibility (2008)The Effect of Corporate Taxes on Investment and Entrepreneurship (2010)The financial cycle and macroeconomics: What have we learnt? (2013)The Causes and Costs of Misallocation (2017)
this work references cited by second hop

References

  • 1996Financial Dependence and Growth8,055 cited
  • 2003Estimating Production Functions Using Inputs to Control for Unobservables6,531 cited
  • 2007Capital Structure Decisions: Which Factors Are Reliably Important?2,853 cited
  • 2007Financial Constraints, Asset Tangibility, and Corporate Investment1,570 cited
  • 2008Zombie Lending and Depressed Restructuring in Japan1,552 cited
  • 2016Intangible capital and the investment-q relation1,203 cited
  • 2017Capital Allocation and Productivity in South Europe*847 cited
  • 2003Taxes and Corporate Finance: A Review786 cited
  • 2017Whatever It Takes: The Real Effects of Unconventional Monetary Policy706 cited
  • 2009Access to Capital, Capital Structure, and the Funding of the Firm586 cited
  • 2018The walking dead? Zombie firms and productivity performance in OECD countries502 cited
  • 2014Firm-Level Productivity, Risk, and Return401 cited
  • 2015Reallocation in the Great Recession: Cleansing or Not?299 cited
  • 2011Why Did ‘Zombie’ Firms Recover in Japan?290 cited
  • 2017Is the US Public Corporation in Trouble?243 cited
  • 2018

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The rise of zombie firms: causes and consequences
206 cited

Cited by

  • 2021Bank Specialization and Zombie Lending33 cited
  • 2024The rise of the walking dead: Zombie firms around the world31 cited
  • 2024Evergreening28 cited
  • 2021Corporate debt booms, financial constraints and the investment nexus27 cited
  • 2023The crowding-out effect of zombie companies on fixed asset investment: Evidence from China26 cited
  • 2022A 50-Year History of 'Zombie Firms' in Japan: How Banks and Shareholders Have Been Involved in Corporate Bailouts?20 cited
  • 2021Covid-19 and the euthanasia of interest rates: A critical assessment of central bank policy in our times16 cited
  • 2023A hidden channel of “blood transfusion”: Internal capital market subsidies and zombie firms15 cited