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Optimal Short-Termism
16 references·5 citing·43 second hop
Optimal Short-Termism (2021)Optimal Short-TermismCorporate Investment and Stock Market Listing: A Puzzle? (2014)Corporate Investment and Stoc…A Continuous-Time Version of the Principal–Agent Problem (2008)A Continuous-Time Version of …Pay Me Later: Inside Debt and Its Role in Managerial Compensation (2007)Pay Me Later: Inside Debt and…Optimal Security Design and Dynamic Capital Structure in a Continuous‐Time Agency Model (2006)Optimal Security Design and D…Capital structure, credit risk, and macroeconomic conditions (2006)Capital structure, credit ris…The economic implications of corporate financial reporting (2005)The economic implications of …Structural Models of Corporate Bond Pricing: An Empirical Analysis (2004)Structural Models of Corporat…The theory and practice of corporate finance: evidence from the field (2001)The theory and practice of co…Corporate Debt Value, Bond Covenants, and Optimal Capital Structure (1994)Corporate Debt Value, Bond Co…Market Liquidity and Performance Monitoring (1993)Market Liquidity and Performa…Multitask Principal–Agent Analyses: Incentive Contracts, Asset Ownership, and Job Design (1991)Multitask Principal–Agent Ana…Efficient Capital Markets, Inefficient Firms: A Model of Myopic Corporate Behavior (1989)Efficient Capital Markets, In…Takeover Threats and Managerial Myopia (1988)Takeover Threats and Manageri…Valuation effects of security offerings and the issuance process (1986)Valuation effects of security…Moral Hazard and Observability (1979)Moral Hazard and ObservabilityDeterminants of corporate borrowing (1977)Determinants of corporate bor…Innovation Under Pressure (2024)Innovation Under PressureDynamic incentive contracts for ESG investing (2024)Dynamic incentive contracts f…Managers' cultural origin and corporate response to an economic shock (2023)Managers' cultural origin and…A Quantitative Model of Dynamic Moral Hazard (2022)A Quantitative Model of Dynam…Does performance-sensitive debt mitigate debt overhang? (2021)Does performance-sensitive de…The Theory of Syndicates (1968)Essays in the Theory of Risk-Bearing. (1972)Markets and Hierarchies: Analysis and Antitrust Implications. (1976)Good News and Bad News: Representation Theorems and Applications (1981)Financial Intermediation and Delegated Monitoring (1984)Agency Costs, Net Worth, And Business Fluctuations (1988)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Dividend Policy, Growth, and the Valuation of Shares (1961)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Takeover Bids, The Free-Rider Problem, and the Theory of the Corporation (1980)The Structure of Corporate Ownership: Causes and Consequences (1985)Large Shareholders and Corporate Control (1986)Financial Dependence and Growth (1996)Finance and Growth: Theory and Evidence (2004)How does financial reporting quality relate to investment efficiency? (2009)Job Market Signaling (1973)Corporate financing and investment decisions when firms have information that investors do not have (1984)Dividend Policy under Asymmetric Information (1985)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)The Capital Structure Puzzle (1984)The New Issues Puzzle (1995)The Impact of Environmental Management on Firm Performance (1996)Event Studies in Economics and Finance (1997)The Nature of the Firm (1937)The choice of organizational form The case of franchising (1987)The Economic Institutions of Capitalism (1987)Fairness and Retaliation: The Economics of Reciprocity (2000)The New Institutional Economics: Taking Stock, Looking Ahead (2000)Intrinsic and Extrinsic Motivation (2003)The Pricing of Options and Corporate Liabilities (1973)A Simple Approach to Valuing Risky Fixed and Floating Rate Debt (1995)The Determinants of Credit Spread Changes (2001)Earnings Management During Import Relief Investigations (1991)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Earnings Management through Real Activities Manipulation (2003)Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)Voluntary Nonfinancial Disclosure and the Cost of Equity Capital: The Initiation of Corporate Social Responsibility Reporting (2010)The Cross-Section of Expected Stock Returns (1992)Managing with Style: The Effect of Managers on Firm Policies (2003)Law, finance, and economic growth in China (2005)A Survey of Corporate Governance (1997)Corporate Governance and Equity Prices (2003)Founding‐Family Ownership and Firm Performance: Evidence from the S&P 500 (2003)
this work references cited by second hop

References

  • 1977Determinants of corporate borrowing13,160 cited
  • 1979Moral Hazard and Observability8,358 cited
  • 2005The economic implications of corporate financial reporting6,337 cited
  • 1991Multitask Principal–Agent Analyses: Incentive Contracts, Asset Ownership, and Job Design6,042 cited
  • 2001The theory and practice of corporate finance: evidence from the field5,947 cited
  • 1994Corporate Debt Value, Bond Covenants, and Optimal Capital Structure2,732 cited
  • 1989Efficient Capital Markets, Inefficient Firms: A Model of Myopic Corporate Behavior2,585 cited
  • 1993Market Liquidity and Performance Monitoring1,717 cited
  • 1988Takeover Threats and Managerial Myopia1,670 cited
  • 1986Valuation effects of security offerings and the issuance process1,213 cited
  • 2004Structural Models of Corporate Bond Pricing: An Empirical Analysis926 cited
  • 2014Corporate Investment and Stock Market Listing: A Puzzle?811 cited
  • 2008A Continuous-Time Version of the Principal–Agent Problem719 cited
  • 2006Capital structure, credit risk, and macroeconomic conditions678 cited
  • 2006Optimal Security Design and Dynamic Capital Structure in a Continuous‐Time Agency Model639 cited

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  • 2007Pay Me Later: Inside Debt and Its Role in Managerial Compensation600 cited
  • Cited by

    • 2024Dynamic incentive contracts for ESG investing29 cited
    • 2022A Quantitative Model of Dynamic Moral Hazard25 cited
    • 2023Managers' cultural origin and corporate response to an economic shock20 cited
    • 2021Does performance-sensitive debt mitigate debt overhang?20 cited
    • 2024Innovation Under Pressure17 cited