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A unified model of distress risk puzzles
16 references·1 citing·43 second hop
A unified model of distress risk puzzles (2022)A unified model of distress risk puzzlesIn Search of Distress Risk (2008)In Search of Distress RiskDo Tests of Capital Structure Theory Mean What They Say? (2007)Do Tests of Capital Structure…A Comprehensive Look at The Empirical Performance of Equity Premium Prediction (2007)A Comprehensive Look at The E…The conditional CAPM does not explain asset-pricing anomalies☆ (2006)The conditional CAPM does not…Default Risk in Equity Returns (2004)Default Risk in Equity ReturnsCorporate Investment and Asset Price Dynamics: Implications for the Cross‐section of Returns (2004)Corporate Investment and Asse…Book‐to‐Market Equity, Distress Risk, and Stock Returns (2002)Book‐to‐Market Equity, Distre…An EBIT‐Based Model of Dynamic Capital Structure (2001)An EBIT‐Based Model of Dynami…Predictive regressions (1999)Predictive regressionsIs the Risk of Bankruptcy a Systematic Risk? (1998)Is the Risk of Bankruptcy a S…Agency Costs, Risk Management, and Capital Structure (1998)Agency Costs, Risk Management…How Costly is Financial (Not Economic) Distress? Evidence from Highly Leveraged Transactions that Became Distressed (1997)How Costly is Financial (Not …Corporate Debt Value, Bond Covenants, and Optimal Capital Structure (1994)Corporate Debt Value, Bond Co…The effect of capital structure on a firm's liquidation decision (1984)The effect of capital structu…ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)ON THE PRICING OF CORPORATE D…On the Pricing of Corporate Debt: The Risk Structure of Interest Rates (1974)On the Pricing of Corporate D…The financial health of a company and the risk of its default: Back to the future (2024)The financial health of a com…The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Determinants of corporate borrowing (1977)How Big Are the Tax Benefits of Debt? (2000)In Search of New Foundations (2000)Stakeholder Theory: The State of the Art (2010)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)The Pricing of Options and Corporate Liabilities (1973)Option pricing when underlying stock returns are discontinuous (1976)The valuation of options for alternative stochastic processes (1976)An equilibrium characterization of the term structure (1977)The Dividend-Price Ratio and Expectations of Future Dividends and Discount Factors (1988)Business conditions and expected returns on stocks and bonds (1989)Comparing Predictive Accuracy (1994)Predicting Excess Stock Returns Out of Sample: Can Anything Beat the Historical Average? (2007)Presidential Address: Discount Rates (2011)Empirical Asset Pricing via Machine Learning (2020)Corporate financing and investment decisions when firms have information that investors do not have (1984)A Simple Approach to Valuing Risky Fixed and Floating Rate Debt (1995)The Determinants of Credit Spread Changes (2001)The theory and practice of corporate finance: evidence from the field (2001)Managerial discretion and optimal financing policies (1990)Liquidation Values and Debt Capacity: A Market Equilibrium Approach (1992)Financial Distress and Corporate Performance (1994)Asset Fire Sales (and Purchases) in Equity Markets (2005)Editor's Choice Digesting Anomalies: An Investment ApproachAdvances in prospect theory: Cumulative representation of uncertainty (1992)Common risk factors in the returns on stocks and bonds (1993)On Persistence in Mutual Fund Performance (1997)Forecasting Default with the Merton Distance to Default Model (2008)… and the Cross-Section of Expected Returns (2015)The Cross-Section of Expected Stock Returns (1992)Credit Spreads and Business Cycle Fluctuations (2012)The cost of capital, corporation finance and the theory of investment (2008)Asset returns and inflation (1977)Stock Returns and the Term Structure (1985)Dividend yields and expected stock returns (1988)Expected Stock Returns and Variance Risk Premia (2009)Out-of-Sample Equity Premium Prediction: Combination Forecasts and Links to the Real Economy (2009)The short of it: Investor sentiment and anomalies (2011)Term Structures of Credit Spreads with Incomplete Accounting Information (2001)Capital Structure and Stock Returns (2004)Environmental risk management and the cost of capital (2008)
this work references cited by second hop

References

  • 1974ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES*10,779 cited
  • 2007A Comprehensive Look at The Empirical Performance of Equity Premium Prediction3,984 cited
  • 1974On the Pricing of Corporate Debt: The Risk Structure of Interest Rates2,752 cited
  • 1994Corporate Debt Value, Bond Covenants, and Optimal Capital Structure2,732 cited
  • 2008In Search of Distress Risk2,232 cited
  • 2004Default Risk in Equity Returns1,997 cited
  • 1999Predictive regressions1,614 cited
  • 1984The effect of capital structure on a firm's liquidation decision1,501 cited
  • 1998Agency Costs, Risk Management, and Capital Structure1,495 cited
  • 1997How Costly is Financial (Not Economic) Distress? Evidence from Highly Leveraged Transactions that Became Distressed1,255 cited
  • 1998Is the Risk of Bankruptcy a Systematic Risk?1,002 cited
  • 2007Do Tests of Capital Structure Theory Mean What They Say?965 cited
  • 2001An EBIT‐Based Model of Dynamic Capital Structure957 cited
  • 2006The conditional CAPM does not explain asset-pricing anomalies☆931 cited
  • 2002Book‐to‐Market Equity, Distress Risk, and Stock Returns778 cited

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  • 2004Corporate Investment and Asset Price Dynamics: Implications for the Cross‐section of Returns778 cited
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    • 2024The financial health of a company and the risk of its default: Back to the future14 cited