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Free cash flow, over-investment and corporate governance in China
16 references·16 citing·32 second hopsampled
Free cash flow, over-investment and corporate governance in China (2015)Free cash flow, over-investment and corpo…The cost of capital, corporation finance and the theory of investment (2008)The cost of capital, corporat…Over-investment of free cash flow (2006)Over-investment of free cash …CEO Overconfidence and Corporate Investment (2005)CEO Overconfidence and Corpor…Agency Problems and Dividend Policies Around the World (1998)Agency Problems and Dividend …Capital-Market Imperfections and Investment (1997)Capital-Market Imperfections …Earnings, Book Values, and Dividends in Equity Valuation* (1995)Earnings, Book Values, and Di…Debt, Liquidity Constraints, and Corporate Investment: Evidence from Panel Data (1992)Debt, Liquidity Constraints, …Corporate Structure, Liquidity, and Investment: Evidence from Japanese Industrial Groups (1991)Corporate Structure, Liquidit…Managerial discretion and optimal financing policies (1990)Managerial discretion and opt…Asymmetric Information, Corporate Finance, and Investment (1990)Asymmetric Information, Corpo…Management ownership and market valuation (1988)Management ownership and mark…Financing Constraints and Corporate Investment (1988)Financing Constraints and Cor…Financing Constraints and Corporate Investment (1987)Financing Constraints and Cor…Corporate financing and investment decisions when firms have information that investors do not have (1984)Corporate financing and inves…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…The Cost of Capital, Corporation Finance and the Theory of Investment (1958)The Cost of Capital, Corporat…A comprehensive review on green finance and its impact on net zero energy transition: From the perspective of renewable energy development (2025)A comprehensive review on gre…Corporate social responsibility and dividend policy in India (2023)Corporate social responsibili…Climate policy uncertainty and corporate investment efficiency: evidence from China (2023)Climate policy uncertainty an…Can blockchain technology be effectively integrated into the real economy? Evidence from corporate investment efficiency (2023)Can blockchain technology be …Internet finance and corporate investment: Evidence from China (2022)Internet finance and corporat…Boardroom gender diversity and investment inefficiency: New evidence from the United Kingdom (2022)Boardroom gender diversity an…Slack resources, free cash flow and corporate social responsibility expenditure: evidence from an emerging economy (2021)Slack resources, free cash fl…Do asymmetric information and leverage affect investment decisions? (2021)Do asymmetric information and…Corporate Governance Quality, Ownership Structure, Agency Costs and Firm Performance. Evidence from an Emerging Economy (2020)Corporate Governance Quality,…Corporate governance mechanisms and corporate investments: evidence from India (2020)Corporate governance mechanis…The Effects of Ownership Structure, Sub-Optimal Cash Holdings and Investment Inefficiency on Dividend Policy: Evidence From Indonesia (2019)The Effects of Ownership Stru…Overinvestment and corporate governance in energy listed companies: Evidence from China (2019)Overinvestment and corporate …Subsidy competition, industrial land price distortions and overinvestment: empirical evidence from China’s manufacturing enterprises (2017)Subsidy competition, industri…Impact of the Accounting Information System on Corporate Governance: Evidence from Turkish Non-Listed Companies (2017)Impact of the Accounting Info…Does board independence substitute for external audit quality? Evidence from an exogenous regulatory shock (2017)Does board independence subst…Returnee Talent and Corporate Investment: Evidence from China (2016)Returnee Talent and Corporate…Agency Problems and the Theory of the Firm (1980)Separation of Ownership and Control (1983)A Survey of Corporate Governance (1997)Law and Finance (1998)Corporate Ownership Around the World (1999)Dividend Policy, Growth, and the Valuation of Shares (1961)The Theory and Measurement of Business Income (1961)Valuation and Clean Surplus Accounting for Operating and Financial Activities* (1995)Capital markets research in accounting (2001)Does Corporate Social Responsibility Affect the Cost of Capital? (2010)DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES (1956)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems (1993)Firms, Contracts, and Financial Structure (1995)Credit Rationing in Markets with Imperfect Information (1981)Agency costs of free cash flow, corporate finance, and takeovers (1996)Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)The Financial Accelerator in a Quantitative Business Cycle Framework (1998)The Nature of the Firm (1937)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Pricing of Options and Corporate Liabilities (1973)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Who makes acquisitions? CEO overconfidence and the market's reaction☆ (2008)A review of tax research (2010)Depression Babies: Do Macroeconomic Experiences Affect Risk Taking?* (2011)Determinants of corporate borrowing (1977)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)The Capital Structure Puzzle (1984)The Benefits of Lending Relationships: Evidence from Small Business Data (1994)Threshold effects in non-dynamic panels: Estimation, testing, and inference (1999)New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index (2010)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1984Corporate financing and investment decisions when firms have information that investors do not have18,936 cited
  • 1958The Cost of Capital, Corporation Finance and the Theory of Investment14,494 cited
  • 2008The cost of capital, corporation finance and the theory of investment8,614 cited
  • 1988Management ownership and market valuation6,910 cited
  • 1988Financing Constraints and Corporate Investment5,566 cited
  • 1995Earnings, Book Values, and Dividends in Equity Valuation*5,061 cited
  • 1987Financing Constraints and Corporate Investment4,354 cited
  • 2005CEO Overconfidence and Corporate Investment3,686 cited
  • 1990Managerial discretion and optimal financing policies3,679 cited
  • 1998Agency Problems and Dividend Policies Around the World3,179 cited
  • 2006Over-investment of free cash flow2,918 cited
  • 1997Capital-Market Imperfections and Investment2,600 cited
  • 1991Corporate Structure, Liquidity, and Investment: Evidence from Japanese Industrial Groups2,361 cited
  • 1992Debt, Liquidity Constraints, and Corporate Investment: Evidence from Panel Data1,686 cited

Only edges whose both ends are imported exist here. Widen the year window, or show the whole map. Back to the work

  • 1990Asymmetric Information, Corporate Finance, and Investment679 cited
  • Cited by

    • 2016Returnee Talent and Corporate Investment: Evidence from China83 cited
    • 2022Boardroom gender diversity and investment inefficiency: New evidence from the United Kingdom81 cited
    • 2020Corporate governance mechanisms and corporate investments: evidence from India58 cited
    • 2021Do asymmetric information and leverage affect investment decisions?58 cited
    • 2020Corporate Governance Quality, Ownership Structure, Agency Costs and Firm Performance. Evidence from an Emerging Economy57 cited
    • 2023Climate policy uncertainty and corporate investment efficiency: evidence from China56 cited
    • 2017Subsidy competition, industrial land price distortions and overinvestment: empirical evidence from China’s manufacturing enterprises56 cited
    • 2022Internet finance and corporate investment: Evidence from China50 cited
    • 2019Overinvestment and corporate governance in energy listed companies: Evidence from China49 cited
    • 2017Impact of the Accounting Information System on Corporate Governance: Evidence from Turkish Non-Listed Companies47 cited
    • 2019The Effects of Ownership Structure, Sub-Optimal Cash Holdings and Investment Inefficiency on Dividend Policy: Evidence From Indonesia47 cited
    • 2023Corporate social responsibility and dividend policy in India47 cited
    • 2021Slack resources, free cash flow and corporate social responsibility expenditure: evidence from an emerging economy47 cited
    • 2023Can blockchain technology be effectively integrated into the real economy? Evidence from corporate investment efficiency42 cited
    • 2017Does board independence substitute for external audit quality? Evidence from an exogenous regulatory shock42 cited
    • 2025A comprehensive review on green finance and its impact on net zero energy transition: From the perspective of renewable energy development42 cited