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Incentives for Information Production in Markets Where Prices Affect Real Investment
16 references·15 citing·33 second hop
Incentives for Information Production in Markets Where Prices Affect Real Investment (2007)Incentives for Information Production in …Price Informativeness and Investment Sensitivity to Stock Price (2006)Price Informativeness and Inv…Is Information Risk a Determinant of Asset Returns? (2002)Is Information Risk a Determi…Bad News Travels Slowly: Size, Analyst Coverage, and the Profitability of Momentum Strategies (2000)Bad News Travels Slowly: Size…Large Shareholders, Monitoring, and the Value of the Firm (1997)Large Shareholders, Monitorin…Credit Cycles (1997)Credit CyclesAgency costs of free cash flow, corporate finance, and takeovers (1996)Agency costs of free cash flo…How investment bankers determine the offer price and allocation of new issues (1989)How investment bankers determ…Agency Costs, Net Worth, And Business Fluctuations (1988)Agency Costs, Net Worth, And …Why new issues are underpriced (1986)Why new issues are underpricedContinuous Auctions and Insider Trading (1985)Continuous Auctions and Insid…Bid, ask and transaction prices in a specialist market with heterogeneously informed traders (1985)Bid, ask and transaction pric…On the Impossibility of Informationally Efficient Markets (1980)On the Impossibility of Infor…On the aggregation of information in competitive markets (1980)On the aggregation of informa…The Private and Social Value of Information and the Reward to Inventive Activity (1978)The Private and Social Value …ON THE EFFICIENCY OF COMPETITIVE STOCK MARKETS WHERE TRADES HAVE DIVERSE INFORMATION (1976)ON THE EFFICIENCY OF COMPETIT…A General Equilibrium Approach To Monetary Theory (1969)A General Equilibrium Approac…Venture Capital and Capital Allocation (2019)Venture Capital and Capital A…The real effects of forced sales of corporate bonds (2018)The real effects of forced sa…Selloffs, bailouts, and feedback: Can asset markets inform policy? (2017)Selloffs, bailouts, and feedb…The Limitations of Stock Market Efficiency: Price Informativeness and CEO Turnover (2016)The Limitations of Stock Mark…Does individual investor trading impact firm valuation? (2015)Does individual investor trad…Stock-based managerial compensation, price informativeness, and the incentive to overinvest (2014)Stock-based managerial compen…Dynamic Information Disclosure (2013)Dynamic Information DisclosureThe Effects of Public Information with Asymmetrically Informed Short-Horizon Investors (2012)The Effects of Public Informa…Is market integration associated with informational efficiency of stock markets? (2012)Is market integration associa…Large shareholder trading and the complexity of corporate investments (2011)Large shareholder trading and…Feedback Effects and the Limits to Arbitrage (2011)Feedback Effects and the Limi…Product Market Competition, Insider Trading, and Stock Market Efficiency (2010)Product Market Competition, I…Beauty Contests and Irrational Exuberance: A Neoclassical Approach (2010)Beauty Contests and Irrationa…The Limitations of Stock Market Efficiency: Price Informativeness and CEO Turnover (2009)The Limitations of Stock Mark…Information Immobility and the Home Bias Puzzle (2009)Information Immobility and th…Efficient Capital Markets: A Review of Theory and Empirical Work (1970)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Illiquidity and stock returns: cross-section and time-series effects (2002)Market structure, information, futures markets, and price formation. (1984)The "Hot Issue" Market of 1980 (1984)Investment banking, reputation, and the underpricing of initial public offerings (1986)The economics of small business finance: The roles of private equity and debt markets in the financial growth cycle (1998)Information and the Cost of Capital (2004)Politically connected CEOs, corporate governance, and Post-IPO performance of China's newly partially privatized firms☆ (2007)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)What Do We Know about Capital Structure? Some Evidence from International Data (1995)A Survey of Corporate Governance (1997)Risk, Return, and Equilibrium: Empirical Tests (1973)The Cross-Section of Expected Stock Returns (1992)Returns to Buying Winners and Selling Losers: Implications for Stock Market Efficiency (1993)A Unified Theory of Underreaction, Momentum Trading, and Overreaction in Asset Markets (1999)The Cross‐Section of Volatility and Expected Returns (2006)All That Glitters: The Effect of Attention and News on the Buying Behavior of Individual and Institutional Investors (2007)Noise Trader Risk in Financial Markets (1990)Efficient Capital Markets: II (1991)Investor Psychology and Security Market Under‐ and Overreactions (1998)Time to Build and Aggregate Fluctuations (1982)Whom You Know Matters: Venture Capital Networks and Investment Performance (2007)Corporate social responsibility and access to finance (2013)A Review of IPO Activity, Pricing, and Allocations (2002)Asset pricing with liquidity risk (2005)Financial Intermediation, Loanable Funds, and The Real Sector (1997)Market Liquidity and Funding Liquidity (2008)Deciphering the Liquidity and Credit Crunch 2007–2008 (2009)
this work references cited by second hop

References

  • 1985Continuous Auctions and Insider Trading9,626 cited
  • 1996Agency costs of free cash flow, corporate finance, and takeovers9,308 cited
  • 1985Bid, ask and transaction prices in a specialist market with heterogeneously informed traders6,132 cited
  • 1969A General Equilibrium Approach To Monetary Theory5,501 cited
  • 1997Credit Cycles5,254 cited
  • 1980On the Impossibility of Informationally Efficient Markets5,122 cited
  • 1986Why new issues are underpriced2,845 cited
  • 2000Bad News Travels Slowly: Size, Analyst Coverage, and the Profitability of Momentum Strategies2,639 cited
  • 2002Is Information Risk a Determinant of Asset Returns?1,862 cited
  • 1989How investment bankers determine the offer price and allocation of new issues1,815 cited
  • 1978The Private and Social Value of Information and the Reward to Inventive Activity1,571 cited
  • 1997Large Shareholders, Monitoring, and the Value of the Firm1,518 cited
  • 2006Price Informativeness and Investment Sensitivity to Stock Price1,492 cited
  • 1976ON THE EFFICIENCY OF COMPETITIVE STOCK MARKETS WHERE TRADES HAVE DIVERSE INFORMATION1,438 cited
  • 1988Agency Costs, Net Worth, And Business Fluctuations1,334 cited

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work

  • 1980On the aggregation of information in competitive markets1,247 cited
  • Cited by

    • 2009Information Immobility and the Home Bias Puzzle933 cited
    • 2010Product Market Competition, Insider Trading, and Stock Market Efficiency486 cited
    • 2012The Effects of Public Information with Asymmetrically Informed Short-Horizon Investors50 cited
    • 2010Beauty Contests and Irrational Exuberance: A Neoclassical Approach48 cited
    • 2012Is market integration associated with informational efficiency of stock markets?39 cited
    • 2011Large shareholder trading and the complexity of corporate investments38 cited
    • 2016The Limitations of Stock Market Efficiency: Price Informativeness and CEO Turnover36 cited
    • 2019Venture Capital and Capital Allocation31 cited
    • 2017Selloffs, bailouts, and feedback: Can asset markets inform policy?31 cited
    • 2014Stock-based managerial compensation, price informativeness, and the incentive to overinvest30 cited
    • 2015Does individual investor trading impact firm valuation?22 cited
    • 2011Feedback Effects and the Limits to Arbitrage21 cited
    • 2009The Limitations of Stock Market Efficiency: Price Informativeness and CEO Turnover20 cited
    • 2013Dynamic Information Disclosure19 cited
    • 2018The real effects of forced sales of corporate bonds11 cited