[go: up one dir, main page]
create a website
Market implied costs of bankruptcy. (2013). Zechner, Josef ; Reindl, Johann ; Stoughton, Neal.
In: CFS Working Paper Series.
RePEc:zbw:cfswop:201327.

Full description at Econpapers || Download paper

Cited: 4

Citations received by this document

Cites: 30

References cited by this document

Cocites: 50

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

  1. How Do Laws and Institutions affect Recovery Rates on Collateral?. (2018). Sturgess, Jason ; Ioannidou, Vasso ; Liberti, Jose Maria ; Degryse, Hans.
    In: Working Papers.
    RePEc:qmw:qmwecw:870.

    Full description at Econpapers || Download paper

  2. Debt maturity and the dynamics of leverage. (2016). Zechner, Josef ; Dangl, Thomas .
    In: CFS Working Paper Series.
    RePEc:zbw:cfswop:547.

    Full description at Econpapers || Download paper

  3. The influence of cash flow volatility on capital structure and the use of debt of different maturities. (2016). O'Connor, Michael ; Yaghoubi, Mona .
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:38:y:2016:i:c:p:18-36.

    Full description at Econpapers || Download paper

  4. Corporate Leverage in China: Why has It Increased Fast in Recent Years and Where do the Risks Lie?. (2015). Zhang, Wenlang ; Chan, Steven .
    In: Working Papers.
    RePEc:hkm:wpaper:102015.

    Full description at Econpapers || Download paper

References

References cited by this document

  1. Almeida, H. & Campello, M. (2007). Financial constraints, asset tangibility, and corporate investment. Review of Financial Studies, 20(5), pp. 1429--1460.

  2. Almeida, H. & Philippon, T. (2007). The risk-adjusted cost of financial distress. Journal of Finance, 62(6), 2557--2586.

  3. Altman, E. I. (1984). A further empirical inves ga on of the bankruptcy cost ques on. Journal of Finance, 39(4), pp. 1067--1089.

  4. Andrade, G. & Kaplan, S. N. (1998). How costly is financial (not economic) distress? evidence from highly leveraged transac ons that became distressed. Journal of Finance, 53(5), 1443--1493.

  5. Ang, J. S., Chua, J. H., & McConnell, J. J. (1982). The administra ve costs of corporate bankruptcy: A note. Journal of Finance, 37(1), pp. 219--226.

  6. Bakshi, G., Kapadia, N., & Madan, D. (2003). Stock return characteris cs, skew laws, and the differen al pricing of individual equity op ons. Review of Financial Studies, 16(1), 101--143.
    Paper not yet in RePEc: Add citation now

  7. Bates, D. S. (2000). Post-'87 crash fears in the s&p 500 futures op on market. Journal of Econometrics, 94(1-2), 181--238.

  8. Berger, P. G., Ofek, E., & Swary, I. (1996). Investor valua on of the abandonment op on. Journal of Financial Economics, 42(2), 257 -- 287.

  9. Berk, J. B., Stanton, R., & Zechner, J. (2010). Human capital, bankruptcy, and capital structure. Journal of Finance, 65(3), 891--926.

  10. Bjoerk, T. (2004). Arbitrage Theory in Con nuous Time. Oxford: Oxford University Press.
    Paper not yet in RePEc: Add citation now

  11. Bris, A., Welch, I., & Zhu, N. (2006). The costs of bankruptcy: Chapter 7 liquida on versus chapter 11 reorganiza on. Journal of Finance, 61(3), 1253--1303.

  12. Carr, P. & Wu, L. (2010). Stock op ons and credit default swaps: A joint framework for valua on and es maon. Journal of Financial Econometrics, 8(4), 409--449.

  13. Dangl, T. & Zechner, J. (2007). Debt Maturity and the Dynamics of Leverage. SSRN Working Paper Series 89022.
    Paper not yet in RePEc: Add citation now

  14. Davydenko, S. A., Strebulaev, I. A., & Zhao, X. (2012). A market-based study of the cost of default. Review of Financial Studies, 25(10), 2959--2999.

  15. Duan, J.-C. (1994). Maximum likelihood es ma on using price data of the deriva ve contract. Mathema cal Finance, 4(2), 155--167.

  16. Duffie, D. (2001). Dynamic Asset Pricing Theory. 3rd edi on.
    Paper not yet in RePEc: Add citation now

  17. Elkamhi, R., Ericsson, J., & Parsons, C. (2012). The cost and ming of financial distress. Journal of Financial Economics, forthcoming.

  18. Ericsson, J. & Reneby, J. (1998). A framework for valuing corporate securi es. Applied Mathema cal Finance, 5(3-4), 143--163.

  19. Ericsson, J. & Reneby, J. (2003). Stock op ons as barrier con ngent claims. Applied Mathema cal Finance, 10(2), 121--147.

  20. Ericsson, J. & Reneby, J. (2005). Es ma ng structural bond pricing models. Journal of Business, 78(2), 707--706.

  21. Ericsson, J., Reneby, J., & Wang, H. (2007). Can structural models price default risk? new evidence from bond and credit deriva ve markets. working paper.
    Paper not yet in RePEc: Add citation now

  22. Fama, E. F. & French, K. R. (2002). Tes ng trade?off and pecking order predic ons about dividends and debt. Review of Financial Studies, 15(1), 1--33.

  23. Frank, M. Z. & Goyal, V. K. (2009). Capital structure decisions: Which factors are reliably important? Financial Management, 38(1), 1--37.

  24. Glover, B. (2011). The Expected Cost of Default. Finance working paper, Tepper School of Business.
    Paper not yet in RePEc: Add citation now
  25. Korteweg, A. (2010). The net benefits to leverage. Journal of Finance, 65(6), 2137--2170.
    Paper not yet in RePEc: Add citation now

  26. Leland, H. (1994). Bond Prices, Yield Spreads, and Op mal Capital Structure with Default Risk. Finance working paper 240, Haas School of Business, U.C. Berkeley.

  27. Leland, H. E. (1998). Agency costs, risk management, and capital structure. Journal of Finance, 53(4), pp. 1213--1243.

  28. Leland, H. E. & To , K. B. (1996). Op mal capital structure, endogenous bankruptcy, and the term structure of credit spreads. Journal of Finance, 51(3), 987--1019.

  29. Wan, E. & Van Der Merwe, R. (2001). The Unscented Kalman Filter. In Kalman Filtering and Neural Networks chapter 7, (pp. 221--280).
    Paper not yet in RePEc: Add citation now

  30. Weiss, L. A. (1990). Bankruptcy resolu on: Direct costs and viola on of priority of claims. Journal of Financial Economics, 27(2), 285 -- 314.

Cocites

Documents in RePEc which have cited the same bibliography

  1. Liquidity, the government balance sheet, and the public sector discount rate. (2019). Coleman, Andrew.
    In: Working Papers.
    RePEc:mtu:wpaper:19_13.

    Full description at Econpapers || Download paper

  2. Moral Hazard and Investment-Cash-Flow Sensitivity. (2017). Ai, Hengjie ; Li, Kai.
    In: 2017 Meeting Papers.
    RePEc:red:sed017:410.

    Full description at Econpapers || Download paper

  3. Liquidity-Driven FDI. (2015). Mukherjee, Rahul ; Alquist, Ron ; Tesar, Linda.
    In: 2015 Meeting Papers.
    RePEc:red:sed015:415.

    Full description at Econpapers || Download paper

  4. Growth options effect on leverage: Evidence from China. (2015). Lin, QI.
    In: Pacific-Basin Finance Journal.
    RePEc:eee:pacfin:v:34:y:2015:i:c:p:152-168.

    Full description at Econpapers || Download paper

  5. Do Measures of Financial Constraints Measure Financial Constraints?. (2015). Ljungqvist, Alexander ; Farre-Mensa, Joan .
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:10326.

    Full description at Econpapers || Download paper

  6. What if Firms Could Borrow More? Evidence from a Natural Experiment. (2015). Thomann, Christian ; Martinsson, Gustav ; Brown, James R.
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_5458.

    Full description at Econpapers || Download paper

  7. Collateral Values and Corporate Employment. (2015). Ersahin, Nuri ; Irani, Rustom M.
    In: Working Papers.
    RePEc:cen:wpaper:15-30r.

    Full description at Econpapers || Download paper

  8. Dynamic capital structure and political patronage: The case of Malaysia. (2014). Williams, Jonathan ; Shah, Mohamed ; Girma, Sourafel ; Ebrahim, M. Shahid.
    In: International Review of Financial Analysis.
    RePEc:eee:finana:v:31:y:2014:i:c:p:117-128.

    Full description at Econpapers || Download paper

  9. Investor Valuations of Japans Adoption of a Territorial Tax Regime: Quantifying the Direct and Competitive Effects of International Tax Reform. (2014). Hasegawa, Makoto ; Dauchy, Estelle ; Bradley, Sebastien.
    In: Working Papers.
    RePEc:cfr:cefirw:w0201.

    Full description at Econpapers || Download paper

  10. Microeconometric Evidence of Financing Frictions and Innovative Activity. (2014). Palm, Franz ; Mohnen, Pierre ; Tiwari, Amaresh K. ; van der Loeff, Sybrand Schim .
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_4645.

    Full description at Econpapers || Download paper

  11. What is the Relation (if any) Between a Firms Corporate Governance Arrangements and its Financial Performance?. (2014). Dam, Lammertjan ; Wessels, Roberto E. ; Wansbeek, Tom J..
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_4599.

    Full description at Econpapers || Download paper

  12. Market implied costs of bankruptcy. (2013). Zechner, Josef ; Reindl, Johann ; Stoughton, Neal.
    In: CFS Working Paper Series.
    RePEc:zbw:cfswop:201327.

    Full description at Econpapers || Download paper

  13. Financing Asset Sales and Business Cycles. (2013). Hackbarth, Dirk ; Arnold, Marc ; Puhan, Tatjana-Xenia .
    In: Working Papers on Finance.
    RePEc:usg:sfwpfi:2013:20.

    Full description at Econpapers || Download paper

  14. Study of U.S. Financial System. (2013). Heintz, James ; Pollin, Robert.
    In: FESSUD studies.
    RePEc:fes:fstudy:fstudy10.

    Full description at Econpapers || Download paper

  15. Monetary policy and regional availability of debt financing. (2013). Zhang, Lei ; Massa, Massimo.
    In: Journal of Monetary Economics.
    RePEc:eee:moneco:v:60:y:2013:i:4:p:439-458.

    Full description at Econpapers || Download paper

  16. The deep-pocket effect of internal capital markets. (2013). Serrano-Velarde, Nicolas ; Pica, Giovanni ; Boutin, Xavier ; Fumagalli, Chiara ; Cestone, Giacinta .
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:109:y:2013:i:1:p:122-145.

    Full description at Econpapers || Download paper

  17. Financial constraints of private firms and bank lending behavior. (2013). Noth, Felix ; Behr, Patrick ; Norden, Lars.
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:37:y:2013:i:9:p:3472-3485.

    Full description at Econpapers || Download paper

  18. The impact of labor unions on investment-cash flow sensitivity. (2013). Chen, I-Ju, .
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:37:y:2013:i:7:p:2408-2418.

    Full description at Econpapers || Download paper

  19. Asset liquidity, corporate investment, and endogenous financing costs. (2013). Hirth, Stefan ; Flor, Christian.
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:37:y:2013:i:2:p:474-489.

    Full description at Econpapers || Download paper

  20. R&D sensitivity to asset sale proceeds: New evidence on financing constraints and intangible investment. (2013). Brown, James ; Borisova, Ginka .
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:37:y:2013:i:1:p:159-173.

    Full description at Econpapers || Download paper

  21. Corporate governance and investment-cash flow sensitivity: Evidence from emerging markets. (2013). HASAN, IFTEKHAR ; Francis, Bill ; Waisman, Maya ; Song, Liang.
    In: Emerging Markets Review.
    RePEc:eee:ememar:v:15:y:2013:i:c:p:57-71.

    Full description at Econpapers || Download paper

  22. Financing Constraints Revisited - Is there a Role for Taxation and Internal Funds?. (2012). Hönig, Anja ; Honig, Anja .
    In: Annual Conference 2012 (Goettingen): New Approaches and Challenges for the Labor Market of the 21st Century.
    RePEc:zbw:vfsc12:66053.

    Full description at Econpapers || Download paper

  23. Treating Measurement Error in Tobins q. (2012). Whited, Toni ; Erickson, Timothy .
    In: Review of Financial Studies.
    RePEc:oup:rfinst:v:25:y:2012:i:4:p:1286-1329.

    Full description at Econpapers || Download paper

  24. Credit risk dynamics in response to changes in the federal funds target: The implication for firm short-term debt. (2012). Dunbar, Kwamie ; Amin, Abu.
    In: Review of Financial Economics.
    RePEc:eee:revfin:v:21:y:2012:i:3:p:141-152.

    Full description at Econpapers || Download paper

  25. The firm-level credit multiplier. (2012). Hackbarth, Dirk ; Campello, Murillo.
    In: Journal of Financial Intermediation.
    RePEc:eee:jfinin:v:21:y:2012:i:3:p:446-472.

    Full description at Econpapers || Download paper

  26. Investment-cash flow sensitivity cannot be a good measure of financial constraints: Evidence from the time series. (2012). Chen, Huafeng (Jason).
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:103:y:2012:i:2:p:393-410.

    Full description at Econpapers || Download paper

  27. Product market relationships and cost of bank loans: Evidence from strategic alliances. (2012). HASAN, IFTEKHAR ; Francis, Bill ; Fang, Yiwei ; Wang, Haizhi.
    In: Journal of Empirical Finance.
    RePEc:eee:empfin:v:19:y:2012:i:5:p:653-674.

    Full description at Econpapers || Download paper

  28. Corporate investment, government control, and financing channels: Evidence from Chinas Listed Companies. (2012). Malatesta, Paul ; Xu, Liping ; Xin, Qingquan ; Firth, Michael.
    In: Journal of Corporate Finance.
    RePEc:eee:corfin:v:18:y:2012:i:3:p:433-450.

    Full description at Econpapers || Download paper

  29. Taxes do Affect Corporate Financing Decisions: The Case of Belgian ACE. (2012). .
    In: CESifo Working Paper Series.
    RePEc:ces:ceswps:_3713.

    Full description at Econpapers || Download paper

  30. The Effects of Future Capital Investment and R&D Expenditures on Firms Liquidity. (2012). Talavera, Oleksandr ; Caglayan, Mustafa ; Baum, Christopher.
    In: Boston College Working Papers in Economics.
    RePEc:boc:bocoec:712.

    Full description at Econpapers || Download paper

  31. The rat race of capital structure research for REITs and REOCs: Two spotlights on leverage. (2011). Steininger, Bertram ; Hohenstatt, Ralf .
    In: ZEW Discussion Papers.
    RePEc:zbw:zewdip:11077.

    Full description at Econpapers || Download paper

  32. Credit channel and flight to quality in emerging markets: evidence from Chile. (2011). Troncoso, Rodrigo.
    In: Empirical Economics.
    RePEc:spr:empeco:v:41:y:2011:i:1:p:183-197.

    Full description at Econpapers || Download paper

  33. Evidence on the dynamics of investment-cash flow sensitivity. (2011). Gautam, Vikash.
    In: MPRA Paper.
    RePEc:pra:mprapa:35431.

    Full description at Econpapers || Download paper

  34. How Do Firm Financial Conditions Affect Product Quality and Pricing?. (2011). Sertsios, Giorgo ; Phillips, Gordon.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:17233.

    Full description at Econpapers || Download paper

  35. Linnovation : une incitation à la gestion des résultats ?. (2011). Dumas, Guillaume ; Martinez, Isabelle.
    In: Post-Print.
    RePEc:hal:journl:hal-00650418.

    Full description at Econpapers || Download paper

  36. Nonlinear effects of monetary policy on stock returns in a smooth transition autoregressive model. (2011). Hsu, Kuang-Chung ; Chiang, Hui-Chu .
    In: The Quarterly Review of Economics and Finance.
    RePEc:eee:quaeco:v:51:y:2011:i:4:p:339-349.

    Full description at Econpapers || Download paper

  37. Liquidity mergers. (2011). Hackbarth, Dirk ; Campello, Murillo ; Almeida, Heitor .
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:102:y:2011:i:3:p:526-558.

    Full description at Econpapers || Download paper

  38. Limits-to-arbitrage, investment frictions, and the asset growth anomaly. (2011). Lam, F. Y. Eric C., ; Wei, K. C. John, .
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:102:y:2011:i:1:p:127-149.

    Full description at Econpapers || Download paper

  39. The reaction of stock returns to unexpected increases in the federal funds rate target. (2011). Tsai, Chun-Li.
    In: Journal of Economics and Business.
    RePEc:eee:jebusi:v:63:y::i:2:p:121-138.

    Full description at Econpapers || Download paper

  40. Hierarchical determinants of capital structure. (2011). Kayo, Eduardo K. ; Kimura, Herbert.
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:35:y:2011:i:2:p:358-371.

    Full description at Econpapers || Download paper

  41. Strategic Trading and Trade Reporting by Corporate Insiders. (2011). Theissen, Erik ; Betzer, Andre ; Gider, Jasmin ; Metzger, Daniel.
    In: Schumpeter Discussion Papers.
    RePEc:bwu:schdps:sdp11015.

    Full description at Econpapers || Download paper

  42. Family Control and Financing Decisions. (2010). Doukas, John ; Crocia, Ettore ; Gonenc, Halit .
    In: Koç University-TUSIAD Economic Research Forum Working Papers.
    RePEc:koc:wpaper:1004.

    Full description at Econpapers || Download paper

  43. Does q-theory with investment frictions explain anomalies in the cross section of returns?. (2010). Zhang, Lu ; li, dongmei.
    In: Journal of Financial Economics.
    RePEc:eee:jfinec:v:98:y:2010:i:2:p:297-314.

    Full description at Econpapers || Download paper

  44. Does collateral cause inefficient resource allocation?. (2010). Wang, Yu-Lin .
    In: Journal of Economics and Business.
    RePEc:eee:jebusi:v:62:y::i:3:p:220-233.

    Full description at Econpapers || Download paper

  45. Conglomerate investment under various capital market conditions. (2010). Yan, AN ; Yang, Zaihui ; Jiao, Jie .
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:34:y:2010:i:1:p:103-115.

    Full description at Econpapers || Download paper

  46. Monetary policy and stock returns: Financing constraints and asymmetries in bull and bear markets. (2010). Jansen, Dennis ; Tsai, Chun-Li.
    In: Journal of Empirical Finance.
    RePEc:eee:empfin:v:17:y:2010:i:5:p:981-990.

    Full description at Econpapers || Download paper

  47. The Missing Link Between Financial Constraints and Productivity. (2009). Slootmaekers, Veerle ; Badia, Marialuz Moreno.
    In: IMF Working Papers.
    RePEc:imf:imfwpa:2009/072.

    Full description at Econpapers || Download paper

  48. Institutional ownership and credit spreads: An information asymmetry perspective. (2009). zhang, gaiyan ; Wang, Ashley W..
    In: Journal of Empirical Finance.
    RePEc:eee:empfin:v:16:y:2009:i:4:p:597-612.

    Full description at Econpapers || Download paper

  49. Bank concentration and financial constraints on firm-level investment in Europe. (2008). Seol, Youn ; Ratti, Ronald ; Lee, Sunglyong.
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:32:y:2008:i:12:p:2684-2694.

    Full description at Econpapers || Download paper

  50. No Going Back: How the Production Process Affects Access to Short-term Credit. (). Mizen, Paul ; Mateut, Simona ; Ziane, Ydriss .
    In: Discussion Papers.
    RePEc:not:notcfc:12/14.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2024-12-24 18:32:12 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Sponsored by INOMICS. Last updated October, 6 2023. Contact: CitEc Team.