Corporate liquidity management: A conceptual framework and survey
Ensuring that a firm has sufficient liquidity to finance valuable projects that occur in the future
is at the heart of the practice of financial management. However, although discussion of …
is at the heart of the practice of financial management. However, although discussion of …
Debt overhang, rollover risk, and corporate investment: Evidence from the European crisis
Ş Kalemli-Özcan, L Laeven… - Journal of the European …, 2022 - academic.oup.com
We quantify the role of financial leverage behind the sluggish post-crisis investment
performance of European firms. We use a cross-country firm-bank matched database to …
performance of European firms. We use a cross-country firm-bank matched database to …
When the rainy day is the worst hurricane ever: the effects of governmental policies on SMEs during COVID-19
We investigate the impact of COVID-19 on 42,401 UK SMEs and how government
intervention affects their capability to survive the pandemic. The results show that, without …
intervention affects their capability to survive the pandemic. The results show that, without …
Policy uncertainty, investment, and the cost of capital
We examine the effect of economic policy uncertainty on the relation between investment
and the cost of capital. Using the news-based index developed by Baker et al.(2016) for …
and the cost of capital. Using the news-based index developed by Baker et al.(2016) for …
Do measures of financial constraints measure financial constraints?
J Farre-Mensa, A Ljungqvist - The review of financial studies, 2016 - academic.oup.com
Financial constraints are fundamental to empirical research in finance and economics. We
propose two tests to evaluate how well measures of financial constraints actually capture …
propose two tests to evaluate how well measures of financial constraints actually capture …
Twenty-five years of the journal of corporate finance: a scientometric analysis
HK Baker, S Kumar, D Pattnaik - Journal of Corporate Finance, 2021 - Elsevier
Abstract The Journal of Corporate Finance (JCF) is a highly regarded academic journal
specializing in corporate finance. The journal celebrated its silver jubilee year in 2018. We …
specializing in corporate finance. The journal celebrated its silver jubilee year in 2018. We …
A Unified Theory of Tobin's q, Corporate Investment, Financing, and Risk Management
We propose a model of dynamic investment, financing, and risk management for financially
constrained firms. The model highlights the central importance of the endogenous marginal …
constrained firms. The model highlights the central importance of the endogenous marginal …
RETRACTED ARTICLE: Impact of credit, liquidity, and systematic risk on financial structure: comparative investigation from sustainable production
M Sadiq, S Alajlani, MS Hussain… - Environmental …, 2022 - search.proquest.com
The role of risk assessment and capital structure is vital for the sustainable growth of firms
and increasing the shareholders' wealth. This research explores the correlation between …
and increasing the shareholders' wealth. This research explores the correlation between …
The corporate propensity to save
LA Riddick, TM Whited - The Journal of Finance, 2009 - Wiley Online Library
Why do corporations accumulate liquid assets? We show theoretically that intertemporal
trade‐offs between interest income taxation and the cost of external finance determine …
trade‐offs between interest income taxation and the cost of external finance determine …
Cash holdings and labor heterogeneity: The role of skilled labor
M Ghaly, V Anh Dang… - The Review of Financial …, 2017 - academic.oup.com
Firms differ in their dependence on skilled labor and face labor adjustment costs that
increase with their workers' skill level. We show that firms with a higher share of skilled …
increase with their workers' skill level. We show that firms with a higher share of skilled …