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Systematic risk behavior of financially distressed firms
16 references·0 citing·35 second hopsampled
Systematic risk behavior of financially distressed firms (1993)Systematic risk behavior of financially d…How risky is the debt in highly leveraged transactions? (1990)How risky is the debt in high…Explanations for the Instability of Equity Beta: Risk-Free Rate Changes and Leverage Effects (1985)Explanations for the Instabil…A Further Empirical Investigation of the Bankruptcy Cost Question (1984)A Further Empirical Investiga…Transaction costs and the small firm effect (1983)Transaction costs and the sma…The Resolution of Claims in Financial Distress the Case of Massey Ferguson (1983)The Resolution of Claims in F…Information Effects and Stock Market Response to Signs of Firm Deterioration (1981)Information Effects and Stock…An Analysis of Risk and Return Characteristics of Corporate Bankruptcy Using Capital Market Data (1980)An Analysis of Risk and Retur…The Theoretical Relationship Between Systematic Risk and Financial (Accounting) Variables (1979)The Theoretical Relationship …THE ADJUSTMENT OF STOCK PRICES TO BOND RATING CHANGES (1978)THE ADJUSTMENT OF STOCK PRICE…A MEAN‐VARIANCE THEORY OF OPTIMAL CAPITAL STRUCTURE AND CORPORATE DEBT CAPACITY (1978)A MEAN‐VARIANCE THEORY OF OPT…On the Use of the CAPM in Public Utility Rate Cases (1977)On the Use of the CAPM in Pub…The option pricing model and the risk factor of stock (1976)The option pricing model and …Risk and return: The case of merging firms (1974)Risk and return: The case of …The Pricing of Options and Corporate Liabilities (1973)The Pricing of Options and Co…A MEAN‐VARIANCE SYNTHESIS OF CORPORATE FINANCIAL THEORY (1973)A MEAN‐VARIANCE SYNTHESIS OF …THE EFFECT OF THE FIRM'S CAPITAL STRUCTURE ON THE SYSTEMATIC RISK OF COMMON STOCKS (1972)THE EFFECT OF THE FIRM'S CAPI…CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets (1965)Risk, Return, and Equilibrium: Empirical Tests (1973)Bid, ask and transaction prices in a specialist market with heterogeneously informed traders (1985)Asset pricing and the bid-ask spread (1986)Illiquidity and stock returns: cross-section and time-series effects (2002)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)The role of banks in reducing the costs of financial distress in Japan (1990)Troubled debt restructurings (1990)How Costly is Financial (Not Economic) Distress? Evidence from Highly Leveraged Transactions that Became Distressed (1997)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Shareholder Benefits from Corporate International Diversification (1984)Operating Lease Accounting and the Market's Assessment of Equity Risk (1995)Does Community and Environmental Responsibility Affect Firm Risk? Evidence from UK Panel Data 1994-2006 (2010)A Closed-Form Solution for Options with Stochastic Volatility with Applications to Bond and Currency Options (1993)Theory of rational option pricing (2005)RISK, UNCERTAINTY, AND DIVERGENCE OF OPINION (1977)Of Tournaments and Temptations: An Analysis of Managerial Incentives in the Mutual Fund Industry (1996)The cost of capital, corporation finance and the theory of investment (2008)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)DEBT AND TAXES* (1977)The effect of capital structure on a firm's liquidation decision (1984)The stochastic behavior of common stock variances Value, leverage and interest rate effects (1982)Towards an economic theory of the multiproduct firm (1982)Bank Governance, Regulation, and Risk Taking (2008)The effect of bond rating changes on common stock prices (1986)The Effect of Bond Rating Agency Announcements on Bond and Stock Prices (1992)The relationship between credit default swap spreads, bond yields, and credit rating announcements (2004)An aggregation theorem for securities markets (1974)Capital market equilibrium in a mean-lower partial moment framework (1977)Measuring security price performance (1980)Strategic Factor Markets: Expectations, Luck, and Business Strategy (1986)Efficient Capital Markets: II (1991)
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References

  • 1973The Pricing of Options and Corporate Liabilities29,064 cited
  • 1976The option pricing model and the risk factor of stock1,239 cited
  • 1972THE EFFECT OF THE FIRM'S CAPITAL STRUCTURE ON THE SYSTEMATIC RISK OF COMMON STOCKS1,130 cited
  • 1984A Further Empirical Investigation of the Bankruptcy Cost Question1,018 cited
  • 1974Risk and return: The case of merging firms869 cited
  • 1978A MEAN‐VARIANCE THEORY OF OPTIMAL CAPITAL STRUCTURE AND CORPORATE DEBT CAPACITY564 cited
  • 1973A MEAN‐VARIANCE SYNTHESIS OF CORPORATE FINANCIAL THEORY538 cited
  • 1983Transaction costs and the small firm effect529 cited
  • 1979The Theoretical Relationship Between Systematic Risk and Financial (Accounting) Variables313 cited
  • 1978THE ADJUSTMENT OF STOCK PRICES TO BOND RATING CHANGES304 cited
  • 1980An Analysis of Risk and Return Characteristics of Corporate Bankruptcy Using Capital Market Data181 cited
  • 1983The Resolution of Claims in Financial Distress the Case of Massey Ferguson133 cited
  • 1990How risky is the debt in highly leveraged transactions?113 cited
  • 1981Information Effects and Stock Market Response to Signs of Firm Deterioration69 cited
  • 1985Explanations for the Instability of Equity Beta: Risk-Free Rate Changes and Leverage Effects

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51 cited
  • 1977On the Use of the CAPM in Public Utility Rate Cases44 cited
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