Standout Papers
Citation Impact
Citing Papers
The Motivation and Impact of Pension Fund Activism
1999
Blockholder Identity, Equity Ownership Structures, and Hostile Takeovers
1999
Fostering implementation of health services research findings into practice: a consolidated framework for advancing implementation science
2009 Standout
Why do firms hold so much cash? A tax-based explanation
2007
Debt Capacity and Tests of Capital Structure Theories
2010
Corporate Financial Policy and the Value of Cash
2006
Corporate cash holdings: An empirical investigation of UK companies
2003
International Evidence on Cash Holdings and Expected Managerial Agency Problems
2006
Leverage, investment, and firm growth
1996
Performance pricing in bank debt contracts
2005
The Colonial Origins of Comparative Development: An Empirical Investigation: Reply
2012 StandoutNobel
Stock return variation and expected dividends
1992
Learning and protection of proprietary assets in strategic alliances: building relational capital
2000 Standout
Corporate Governance and Firm Cash Holdings
2006
Investment frictions and leverage dynamics☆
2008
Paulson's gift
2010
Market Reactions to Tangible and Intangible Information
2006
Institutional Investors and Executive Compensation
2003 Standout
Debt Capacity and Tests of Capital Structure Theories
2002
Why Do U.S. Firms Hold So Much More Cash than They Used To?
2009 Standout
STUDYING ORGANIZATIONAL CHANGE AND DEVELOPMENT: CHALLENGES FOR FUTURE RESEARCH.
2001
Testing static tradeoff against pecking order models of capital structure1This paper has benefited from comments by seminar participants at Boston College, Boston Unsiversity, Dartmouth College, Massachusetts Institute of Technology, University of Massachusetts, Ohio State University, University of California at Los Angeles and the NBER, especially Eugene Fama and Robert Gertner. The usual disclaimers apply. Funding from MIT and the Tuck School at Dartmouth College is gratefuly acknowledged. We also thank two reviewers, Richard S. Ruback and Clifford W. Smith, Jr., for helpful comments.1
1999
Investor Protection and Corporate Valuation
2002 Standout
Managerial Entrenchment and Capital Structure Decisions
1997
The value of connections in turbulent times: Evidence from the United States
2016 StandoutNobel
Debt Maturity and the Effects of Growth Opportunities and Liquidity Risk on Leverage
2003
Why Firms Use Currency Derivatives
1997
The Corporate Propensity to Save
2009
A Survey of Corporate Governance
1997 Standout
The subprime credit crisis and contagion in financial markets
2010
Taxes, Financing Decisions, and Firm Value
1998 StandoutNobel
Disagreement, tastes, and asset prices
2006 StandoutNobel
Bank Power and Cash Holdings: Evidence from Japan
2001
Corporate governance and the value of cash holdings
2006 Standout
Do Institutional Investors Exacerbate Managerial Myopia?
1998
The Dynamics of Corporate Debt Structure
2019
Financing Decisions when Managers are Risk Averse
2003
Debt Maturity and the Dynamics of Leverage
2021
Corporate Debt Issuance and the Historical Level of Interest Rates
2008
Corporate Governance and Equity Prices
2003 Standout
Testing Trade-Off and Pecking Order Predictions About Dividends and Debt
2002 StandoutNobel
Corporate precautionary cash holdings
2006
Analyst Coverage and Financing Decisions
2006
Why do Firms Hold So Much Cash? A Tax-based Explanation
2005
The Theory and Practice of Corporate Finance: Evidence from the Field
2000
What is a Dollar Worth? The Market Value of Cash Holdings
2003
Capital Structure Decisions: Which Factors Are Reliably Important?
2009 Standout
Is there a pecking order? Evidence from a panel of IPO firms
1996
On the Debt Capacity of Growth Options*
2006
Market Timing and Capital Structure
2002 Standout
Partial adjustment toward target capital structures
2005
LAPM: A Liquidity‐Based Asset Pricing Model
2001 StandoutNobel
Capital structure and product markets interactions: evidence from business cycles
2003
Corporate governance proposals and shareholder activism: the role of institutional investors
2000
Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors
2000 Standout
Managerial incentives and risk-taking☆
2005 Standout
Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches
2008 Standout
Is cash negative debt? A hedging perspective on corporate financial policies
2007
Cash and Corporate Control
2004
A Dynamic Model of Optimal Capital Structure
2007
The theory and practice of corporate finance: evidence from the field
2001 Standout
The leveraging of interfirm relationships as a distinctive organizational capability: a longitudinal study
1999 Standout
Building Better Causal Theories: A Fuzzy Set Approach to Typologies in Organization Research
2011 Standout
Cash Holdings Among Small Businesses
2002
Measuring Economic Policy Uncertainty*
2016 Standout
The motivation and impact of pension fund activism
1999
Testing the pecking order theory of capital structure
2002 Standout
Investor Psychology and Security Market Under‐ and Overreactions
1998 Standout
Market Timing and Managerial Portfolio Decisions
2003
Globalization and Similarities in Corporate Governance: A Cross-Country Analysis
2006
Political Uncertainty and Corporate Investment Cycles
2012 Standout
Absorptive Capacity: A Review, Reconceptualization, and Extension
2002 Standout
Firms’ histories and their capital structures☆
2006
Property Rights and Finance
2002 StandoutNobel
The Determinants of Capital Structure Choice: A Survey of European Firms
2002
Network Forms of Organization
1998
Corporate Cash Reserves and Acquisitions
1999
Do Firms Rebalance Their Capital Structures?
2005
Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints?
1997 Standout
Does the Source of Capital Affect Capital Structure?
2005
Higher market valuation of companies with a small board of directors
1996 Standout
Real Flexibility and Financial Structure: An Empirical Analysis
2003
Diversification's effect on firm value
1995 Standout
Do Persistent Large Cash Reserves Hinder Performance?
2003
Capital structure choice: macroeconomic conditions and financial constraints
2003
CEO Overconfidence and Corporate Investment
2005 Standout
Agency, Information and Corporate Investment
2001
Where Do Interorganizational Networks Come From?
1999 Standout
How Big Are the Tax Benefits of Debt?
2000
Financing decisions: who issues stock?
2004 StandoutNobel
How Big are the Tax Benefits of Debt?
1998
Back to the Beginning: Persistence and the Cross‐Section of Corporate Capital Structure
2008
From Efficient Markets Theory to Behavioral Finance
2003 StandoutNobel
Liquidity, pledgeability, and the nature of lending
2021 StandoutNobel
How does financial reporting quality relate to investment efficiency?
2009 Standout
Transactions Costs and Capital Structure Choice: Evidence from Financially Distressed Firms
1997
Corporate focus and stock returns
1995
Debt and managerial rents in a real-options model of the firm
2008
A Theory of Debt Maturity: The Long and Short of Debt Overhang
2013 StandoutNobel
The effects of leveraged buyouts on corporate growth and diversification in large firms
1995
Dissecting Anomalies
2008 StandoutNobel
How Does Industry Affect Firm Financial Structure?
2005
Do institutional investors exacerbate managerial myopia?
2000
Taxes and Corporate Finance: A Review
2003
Rollover Risk and Credit Risk
2012
Profitability, Mean Reversion of Leverage Ratios, and Capital Structure Choices
2005
Are Internal capital Markets Efficient?
1998
Average Returns, B/M, and Share Issues
2008 StandoutNobel
International Corporate Governance and Corporate Cash Holdings
2003
Evaluating the gains from international risksharing
1995
Why are firms with entrenched managers more likely to pay dividends?
2009
Corporate Financial Policy and the Value of Cash
2004
Dynamic capabilities: what are they?
2000 Standout
Investor Activism and Financial Market Structure
2002
Determinants of target capital structure: The case of dual debt and equity issues
2003
The Cash Flow Sensitivity of Cash
2004 Standout
Financial Flexibility and the Cost of External Finance for U.S. Bank Holding Companies
2004
Formation processes of R&D consortia: which path to take? Where does it lead?
2000
Ambiguity and the process of knowledge transfer in strategic alliances
1999
Corporate governance and firm cash holdings in the US
2007
A Theory of Dividends Based on Tax Clienteles
2000
Is There an Optimal Industry Financial Structure?
2001
Do Asset Fire Sales Exist? An Empirical Investigation of Commercial Aircraft Transactions
1998 Standout
World Income Components: Measuring and Exploiting Risk-Sharing Opportunities
2001 StandoutNobel
The Choice of Payment Method in European Mergers and Acquisitions
2005
Network location and learning: the influence of network resources and firm capabilities on alliance formation
1999 Standout
Social Capital: Prospects for a New Concept
2002 Standout
Systemic Risk and Stability in Financial Networks
2015 StandoutNobel
Testing Theories of Capital Structure and Estimating the Speed of Adjustment
2009
Works of Tim C. Opler being referenced
The Debt-Equity Choice: An Analysis of Issuing Firms
1994
The Debt-Equity Choice
1998
Block Share Purchases and Corporate Performance
1998
DEBT-EQUITY CHOICE
2001
Financial Distress and Corporate Performance
1994 Standout
The Causes of Corporate Refocusing
1992
The determinants and implications of corporate cash holdings
1999 Standout
THE EFFECTS OF CORPORATE RESTRUCTURING ON AGGREGATE INDUSTRY SPECIALIZATION
1996
Does Coordinated Institutional Activism Work? An Analysis of the Activities of the Council of Institutional Investors
1996
Corporate Restructuring and the Consolidation of US Industry
1996
Stock Market Returns and Real Activity: International Evidence
1993
THE EFFECTS OF CORPORATE RESTRUCTURING ON AGGREGATE INDUSTRY SPECIALIZATION
1996
The Determinants of the Maturity of Corporate Debt Issues
1996
Block Share Purchases and Corporate Performance
1998
Operating Performance in Leveraged Buyouts: Evidence from 1985-1989
1992
Financial Distress and Corporate Performance
1994
The Debt-Equity Choice
2001
The Determinants of the Maturity of Corporate Debt Issues
1996
CORPORATE CASH HOLDINGS
2001
The Determinants of Leveraged Buyout Activity: Free Cash Flow vs. Financial Distress Costs
1993