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Shareholder Litigation Risk and Firms’ Choice of External Growth
16 references·1 citing·46 second hopsampled
Shareholder Litigation Risk and Firms’ Choice of External Growth (2022)Shareholder Litigation Risk and Firms’ Ch…Text-Based Network Industries and Endogenous Product Differentiation (2016)Text-Based Network Industries…Does Policy Uncertainty Affect Mergers and Acquisitions? (2016)Does Policy Uncertainty Affec…Measuring Securities Litigation Risk (2011)Measuring Securities Litigati…Growing Out of Trouble? Corporate Responses to Liability Risk (2011)Growing Out of Trouble? Corpo…Product Market Synergies and Competition in Mergers and Acquisitions: A Text-Based Analysis (2010)Product Market Synergies and …Corporate Governance and Acquirer Returns (2007)Corporate Governance and Acqu…What drives merger waves? (2005)What drives merger waves?Wealth Destruction on a Massive Scale? A Study of Acquiring‐Firm Returns in the Recent Merger Wave (2005)Wealth Destruction on a Massi…Valuation waves and merger activity: The empirical evidence (2005)Valuation waves and merger ac…Managerial incentives and risk-taking☆ (2005)Managerial incentives and ris…Managerial Incentive Problems: A Dynamic Perspective (1999)Managerial Incentive Problems…Measuring long-horizon security price performance (1997)Measuring long-horizon securi…Industry costs of equity (1997)Industry costs of equityDo Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)Do Investment-Cash Flow Sensi…Detecting long-run abnormal stock returns: The empirical power and specification of test statistics (1997)Detecting long-run abnormal s…Information asymmetry, adverse selection and joint-ventures (1993)Information asymmetry, advers…Stemming the tide: Does climate risk affect M&A performance? (2023)Stemming the tide: Does clima…FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY (1968)The Pricing of Options and Corporate Liabilities (1973)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Boards: Does one size fit all☆ (2007)Are Overconfident CEOs Better Innovators? (2012)Corporate Immunity to the COVID-19 Pandemic (2020)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Cross-Section of Expected Stock Returns (1992)Common risk factors in the returns on stocks and bonds (1993)Multifactor Explanations of Asset Pricing Anomalies (1996)Measuring Mutual Fund Performance with Characteristic‐Based Benchmarks (1997)Conditional Skewness in Asset Pricing Tests (2000)The Nature of the Firm (1937)Principles of Corporate Finance. (1981)Corporate social responsibility and stakeholder value maximization: Evidence from mergers (2013)Using daily stock returns (1985)Market efficiency, long-term returns, and behavioral finance1The comments of Brad Barber, David Hirshleifer, S.P. Kothari, Owen Lamont, Mark Mitchell, Hersh Shefrin, Robert Shiller, Rex Sinquefield, Richard Thaler, Theo Vermaelen, Robert Vishny, Ivo Welch, and a referee have been helpful. Kenneth French and Jay Ritter get special thanks.1 (1998)Capital markets research in accounting (2001)Introductory Econometrics for Finance (2008)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Moral Hazard and Observability (1979)Agency Problems and the Theory of the Firm (1980)Risk Taking by Mutual Funds as a Response to Incentives (1997)The Digitization of Word of Mouth: Promise and Challenges of Online Feedback Mechanisms (2003)Competition and Innovation: An Inverted U Relationship (2008)Corporate financing and investment decisions when firms have information that investors do not have (1984)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)The Financial Accelerator in a Quantitative Business Cycle Framework (1998)Managing with Style: The Effect of Managers on Firm Policies (2003)New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index (2010)On Persistence in Mutual Fund Performance (1997)Agency Costs of Overvalued Equity (2005)The CEO pay slice (2011)The Strength of Weak Ties (1973)Management ownership and market valuation (1988)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Measuring Economic Policy Uncertainty* (2016)Stability in Competition (1929)Stability in Competition (1990)When Is a Liability Not a Liability? Textual Analysis, Dictionaries, and 10‐Ks (2011)Textual Analysis in Accounting and Finance: A Survey (2016)Text as Data (2019)Artificial intelligence, firm growth, and product innovation (2023)Corporate governance and firm cash holdings in the US (2007)What Matters in Corporate Governance? (2008)Does the stock market fully value intangibles? Employee satisfaction and equity prices (2011)
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References

  • 1997Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints?6,790 cited
  • 1997Industry costs of equity5,793 cited
  • 1999Managerial Incentive Problems: A Dynamic Perspective3,169 cited
  • 2005Managerial incentives and risk-taking☆2,924 cited
  • 1997Detecting long-run abnormal stock returns: The empirical power and specification of test statistics2,690 cited
  • 2016Text-Based Network Industries and Endogenous Product Differentiation2,114 cited
  • 2007Corporate Governance and Acquirer Returns1,780 cited
  • 2005What drives merger waves?1,509 cited
  • 2010Product Market Synergies and Competition in Mergers and Acquisitions: A Text-Based Analysis1,498 cited
  • 2005Wealth Destruction on a Massive Scale? A Study of Acquiring‐Firm Returns in the Recent Merger Wave1,421 cited
  • 2005Valuation waves and merger activity: The empirical evidence1,287 cited
  • 2016Does Policy Uncertainty Affect Mergers and Acquisitions?1,015 cited
  • 1997Measuring long-horizon security price performance991 cited
  • 2011Measuring Securities Litigation Risk848 cited
  • 1993Information asymmetry, adverse selection and joint-ventures696 cited

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  • 2011Growing Out of Trouble? Corporate Responses to Liability Risk689 cited
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    • 2023Stemming the tide: Does climate risk affect M&A performance?27 cited