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Direct and indirect risk-taking incentives of inside debt
16 references·11 citing·49 second hop
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1996Financial Dependence and Growth8,055 cited
  • 2008Bank governance, regulation and risk taking3,267 cited
  • 2008Forecasting Default with the Merton Distance to Default Model2,220 cited
  • 2002Estimating the Value of Employee Stock Option Portfolios and Their Sensitivities to Price and Volatility1,697 cited
  • 2003Powerful CEOs and Their Impact on Corporate Performance1,669 cited
  • 2005An Empirical Analysis of the Dynamic Relation between Investment‐Grade Bonds and Credit Default Swaps1,166 cited
  • 1990Do Taxes Affect Corporate Financing Decisions?1,156 cited
  • 2000Does Option Compensation Increase Managerial Risk Appetite?926 cited
  • 2007Pay Me Later: Inside Debt and Its Role in Managerial Compensation600 cited
  • 2013Access to capital, investment, and the financial crisis582 cited
  • 2010Credit Default Swaps and the Credit Crisis511 cited
  • 2011Seeking safety: The relation between CEO inside debt holdings and the riskiness of firm investment and financial policies451 cited
  • 2009Liquidity Biases in TRACE372 cited
  • 2010Inside Debt339 cited

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  • 2011Investor Reactions to CEOs' Inside Debt Incentives293 cited
  • Cited by

    • 2023Credit availability and corporate risk-taking: evidence from China’s green credit policy54 cited
    • 2020What's good for you is good for me: The effect of CEO inside debt on the cost of equity54 cited
    • 2021How does labor protection influence corporate risk-taking? Evidence from China44 cited
    • 2022Audit firm political connections and PCAOB inspection reports33 cited
    • 2024Climate policy uncertainty and earnings management30 cited
    • 2020Managerial incentives to take asset risk27 cited
    • 2020Differential risk effect of inside debt, CEO compensation diversification, and firm investment21 cited
    • 2022The impact of flooding on firm performance and economic growth19 cited
    • 2021CEO inside debt holdings and trade credit17 cited
    • 2023Competition laws and corporate risk-taking around the world16 cited
    • 2023Systematyczny przegląd literatury w naukach ekonomicznych. Metodyka, przykłady8 cited