The DOI matches its Crossref record; 1 of the 1 references it cites were found in a registry or an index.
Capital Structure and Corporate Control: The Effect of Antitakeover Statutes on Firm Leverage
Abstract
We find that firms protected by “second generation” state antitakeover laws substantially reduce their use of debt, and that unprotected firms do the reverse. This result supports recent models in which the threat of hostile takeover motivates managers to take on debt they would otherwise avoid. An implication is that legal barriers to takeovers may increase corporate slack.
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Cites
Managerial control of voting rights
Stulz, R. (1988) · Journal of Financial Economics · doi:10.1016/0304-405x(88)90039-6 · Cited by 2,429
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Bebchuk, L., Cohen, A., & Ferrell, A. (2009) · Review of Financial Studies · doi:10.1093/rfs/hhn099 · Cited by 2,906
Endogeneity in Empirical Corporate Finance1
Roberts, M. R., & Whited, T. M. (2013) · Handbook of the Economics of Finance · doi:10.1016/b978-0-44-453594-8.00007-0 · Cited by 2,459
Semiparametric Difference-in-Differences Estimators
Abadie, A. (2005) · The Review of Economic Studies · doi:10.1111/0034-6527.00321 · Cited by 2,286
The costs of entrenched boards
Bebchuk, L. A., & Cohen, A. (2005) · Journal of Financial Economics · doi:10.1016/j.jfineco.2004.12.006 · Cited by 986
Does Delaware law improve firm value?
Daines, R. (2001) · Journal of Financial Economics · doi:10.1016/s0304-405x(01)00086-1 · Cited by 538
What Matters in Corporate Governance?
Bebchuk, L. A., Cohen, A., & Ferrell, A. (2004) · doi:10.2139/ssrn.593423 · Cited by 443
Is there Discretion in Wage Setting? A Test Using Takeover Legislation
Bertrand, M., & Mullainathan, S. (1999) · The RAND Journal of Economics · doi:10.2307/2556062 · Cited by 221
Executive Pay, Hidden Compensation and Managerial Entrenchment
Kuhnen, C. M., & Zwiebel, J. H. (2007) · doi:10.2139/ssrn.972622 · Cited by 116
Metadata
- Authors
- Garvey, G. T., & Hanka, G.
- Venue
- The Journal of Finance
- Publisher
- Wiley
- Published
- 1999-04
- Volume
- 54
- Issue
- 2
- Pages
- 519-546
- ISSN
- 0022-1082 (ISSN-L)
- 1540-6261
- OpenAlex
- W2136122167
- Cited by
- 425
- References
- 1
- FWCI
- 39.08
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.