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Torn between two debt types? The role of managerial ability in a firmʼs choice between bank loans and public debt
16 references·0 citing·47 second hop
Torn between two debt types? The role of managerial ability in a firmʼs choice between bank loans and public debt (2024)Torn between two debt types? The role of …Managerial attitudes and corporate actions (2013)Managerial attitudes and corp…Managerial Ability and Earnings Quality (2012)Managerial Ability and Earnin…Quantifying Managerial Ability: A New Measure and Validity Tests (2011)Quantifying Managerial Abilit…Cash Flow Patterns as a Proxy for Firm Life Cycle (2011)Cash Flow Patterns as a Proxy…Forecasting Default with the Merton Distance to Default Model (2008)Forecasting Default with the …Performance matched discretionary accrual measures (2005)Performance matched discretio…The choice among bank debt, non-bank private debt, and public debt: evidence from new corporate borrowings (2003)The choice among bank debt, n…Managing with Style: The Effect of Managers on Firm Policies (2003)Managing with Style: The Effe…Bank Information Monopolies and the Mix of Private and Public Debt Claims (1996)Bank Information Monopolies a…Performance Persistence (1995)Performance PersistenceInsiders and Outsiders: The Choice between Informed and Arm's-Length Debt (1992)Insiders and Outsiders: The C…Monitoring and Reputation: The Choice between Bank Loans and Directly Placed Debt (1991)Monitoring and Reputation: Th…Asymmetric Information, Bank Lending and Implicit Contracts: A Stylized Model of Customer Relationships (1990)Asymmetric Information, Bank …Financial Intermediation and Delegated Monitoring (1984)Financial Intermediation and …ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)ON THE PRICING OF CORPORATE D…FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY (1968)FINANCIAL RATIOS, DISCRIMINAN…Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)The theory and practice of corporate finance: evidence from the field (2001)CEO Overconfidence and Corporate Investment (2005)Women in the boardroom and their impact on governance and performance☆ (2009)What Determines Productivity? (2011)American Economic Review (2019)Credit Rationing in Markets with Imperfect Information (1981)The Role of Market Forces in Assuring Contractual Performance (1981)What's different about banks? (1985)Relationship Banking: What Do We Know? (2000)Liquidity Risk, Liquidity Creation, and Financial Fragility: A Theory of Banking (2001)A more complete conceptual framework for SME finance (2006)On the Pricing of Corporate Debt: The Risk Structure of Interest Rates (1974)Forecasting Bankruptcy More Accurately: A Simple Hazard Model (2001)The Economics of Structured Finance (2009)Credit Spreads and Business Cycle Fluctuations (2012)Predictably Unequal? The Effects of Machine Learning on Credit Markets (2021)Determinants of corporate borrowing (1977)Two Agency-Cost Explanations of Dividends (1984)What Do We Know about Capital Structure? Some Evidence from International Data (1995)A Survey of Corporate Governance (1997)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)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 arbitrage theory of capital asset pricing (1976)Moral Hazard and Observability (1979)Bank Runs, Deposit Insurance, and Liquidity (1983)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)Financial Intermediation, Loanable Funds, and The Real Sector (1997)Optimal contracts and competitive markets with costly state verification (1979)Reputation and imperfect information (1982)Experimental and Quasi-Experimental Designs for Research (1963)Risk, Return, and Equilibrium: Empirical Tests (1973)Earnings Management During Import Relief Investigations (1991)Earnings Management through Real Activities Manipulation (2003)Understanding earnings quality: A review of the proxies, their determinants and their consequences (2010)A review of archival auditing research (2014)Measuring the efficiency of decision making units (1978)Some Models for Estimating Technical and Scale Inefficiencies in Data Envelopment Analysis (1984)CEO Ability and Management Earnings Forecasts * (2011)Does CSR matter in times of crisis? Evidence from the COVID-19 pandemic (2021)Financial Ratios and the Probabilistic Prediction of Bankruptcy (1980)Managerial incentives and risk-taking☆ (2005)How does financial reporting quality relate to investment efficiency? (2009)
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References

  • 1968FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY14,869 cited
  • 1974ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES*10,779 cited
  • 1984Financial Intermediation and Delegated Monitoring8,393 cited
  • 2005Performance matched discretionary accrual measures6,963 cited
  • 2003Managing with Style: The Effect of Managers on Firm Policies3,921 cited
  • 1992Insiders and Outsiders: The Choice between Informed and Arm's-Length Debt3,902 cited
  • 1991Monitoring and Reputation: The Choice between Bank Loans and Directly Placed Debt3,294 cited
  • 1990Asymmetric Information, Bank Lending and Implicit Contracts: A Stylized Model of Customer Relationships2,333 cited
  • 2008Forecasting Default with the Merton Distance to Default Model2,220 cited
  • 2011Quantifying Managerial Ability: A New Measure and Validity Tests1,899 cited
  • 2011Cash Flow Patterns as a Proxy for Firm Life Cycle1,515 cited
  • 2013Managerial attitudes and corporate actions1,128 cited
  • 2012Managerial Ability and Earnings Quality1,081 cited
  • 2003The choice among bank debt, non-bank private debt, and public debt: evidence from new corporate borrowings977 cited
  • 1995Performance Persistence

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946 cited
  • 1996Bank Information Monopolies and the Mix of Private and Public Debt Claims792 cited
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