The DOI matches its Crossref record; 58 of the 58 references it cites were found in a registry or an index.
Creditor Rights, Enforcement, and Debt Ownership Structure: Evidence from the Global Syndicated Loan Market
Open accessOverview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
Theory of the firm: Managerial behavior, agency costs and ownership structure
Jensen, M. C., & Meckling, W. H. (1976) · Journal of Financial Economics · doi:10.1016/0304-405x(76)90026-x · Cited by 71,491
A heteroskedasticity-consistent covariance matrix estimator and a direct test for heteroskedasticity
White, H. (1980) · Econometrica · doi:10.2307/1912934 · Cited by 25,861
La Porta, R., Lopez‐de‐Silanes, F., Shleifer, A., & Vishny, R. W. (1998) · Journal of Political Economy · doi:10.1086/250042 · Cited by 18,025
A Survey of Corporate Governance
Shleifer, A., & Vishny, R. W. (1997) · The Journal of Finance · doi:10.1111/j.1540-6261.1997.tb04820.x · Cited by 16,243
Corporate Ownership Around the World
La Porta, R., Lopez‐De‐Silanes, F., & Shleifer, A. (1999) · The Journal of Finance · doi:10.1111/0022-1082.00115 · Cited by 10,541
Legal Determinants of External Finance
LA PORTA, R., LOPEZ‐DE‐SILANES, F., SHLEIFER, A., & VISHNY, R. W. (1997) · The Journal of Finance · doi:10.1111/j.1540-6261.1997.tb02727.x · Cited by 9,783
Financial intermediation and delegated monitoring
Diamond, D. W. (1984) · The Review of Economic Studies · doi:10.2307/2297430 · Cited by 8,476
Investor protection and corporate governance
La Porta, R., Lopez-de-Silanes, F., Shleifer, A., & Vishny, R. (2000) · Journal of Financial Economics · doi:10.1016/s0304-405x(00)00065-9 · Cited by 6,848
The Structure of Corporate Ownership: Causes and Consequences
Demsetz, H., & Lehn, K. (1985) · Journal of Political Economy · doi:10.1086/261354 · Cited by 6,236
The separation of ownership and control in East Asian Corporations
Claessens, S., Djankov, S., & Lang, L. H. P. (2000) · Journal of Financial Economics · doi:10.1016/s0304-405x(00)00067-2 · Cited by 5,754
La Porta, R. (1999) · Journal of Law, Economics, and Organization · doi:10.1093/jleo/15.1.222 · Cited by 5,699
INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION
Brealey, R., Leland, H. E., & Pyle, D. H. (1977) · The Journal of Finance · doi:10.1111/j.1540-6261.1977.tb03277.x · Cited by 4,055
Investor Protection and Corporate Valuation
La Porta, R., Lopez‐De‐Silanes, F., Shleifer, A., & Vishny, R. (2002) · The Journal of Finance · doi:10.1111/1540-6261.00457 · Cited by 4,050
Insiders and Outsiders: The Choice between Informed and Arm's‐Length Debt
RAJAN, R. G. (1992) · The Journal of Finance · doi:10.1111/j.1540-6261.1992.tb04662.x · Cited by 3,902
Disentangling the Incentive and Entrenchment Effects of Large Shareholdings
Claessens, S., Djankov, S., Fan, J. P. H., & Lang, L. H. P. (2002) · The Journal of Finance · doi:10.1111/1540-6261.00511 · Cited by 3,842
Monitoring and reputation: The choice between bank loans and directly placed debt
Diamond, D. W. (1991) · Journal of Political Economy · doi:10.1086/261775 · Cited by 3,331
Demirgüç-Kunt, A., & Maksimovic, V. (1998) · The Journal of Finance · doi:10.1111/0022-1082.00084 · Cited by 2,476
Corporate Structure, Liquidity, and Investment: Evidence from Japanese Industrial Groups
Hoshi, T., Kashyap, A., & Scharfstein, D. (1991) · The Quarterly Journal of Economics · doi:10.2307/2937905 · Cited by 2,359
Fama, E. F. (1985) · Journal of Monetary Economics · doi:10.1016/0304-3932(85)90051-0 · Cited by 2,342
Johnson, S., La Porta, R., Lopez-de-Silanes, F., & Shleifer, A. (2000) · American Economic Review · doi:10.1257/aer.90.2.22 · Cited by 2,211
Financial markets and the allocation of capital
Wurgler, J. (2000) · Journal of Financial Economics · doi:10.1016/s0304-405x(00)00070-2 · Cited by 1,974
Corporate governance in the Asian financial crisis
Johnson, S., Boone, P., Breach, A., & Friedman, E. (2000) · Journal of Financial Economics · doi:10.1016/s0304-405x(00)00069-6 · Cited by 1,853
Some evidence on the uniqueness of bank loans
James, C. (1987) · Journal of Financial Economics · doi:10.1016/0304-405x(87)90003-1 · Cited by 1,610
Optimal Debt Structure and the Number of Creditors
Bolton, P., & Scharfstein, D. S. (1996) · Journal of Political Economy · doi:10.1086/262015 · Cited by 1,433
Law, Finance, and Economic Growth
Levine, R. (1999) · Journal of Financial Intermediation · doi:10.1006/jfin.1998.0255 · Cited by 1,183
Gilson, S. C., John, K., & Lang, L. H. P. (1990) · Journal of Financial Economics · doi:10.1016/0304-405x(90)90059-9 · Cited by 1,094
Weinstein, D. E., & Yafeh, Y. (1998) · The Journal of Finance · doi:10.1111/0022-1082.254893 · Cited by 942
Anatomy of Financial Distress: An Examination of Junk-Bond Issuers
Asquith, P., Gertner, R., & Scharfstein, D. (1994) · The Quarterly Journal of Economics · doi:10.2307/2118416 · Cited by 939
Economic development, legality, and the transplant effect
Berkowitz, D., Pistor, K., & Richard, J.-F. (2003) · European Economic Review · doi:10.1016/s0014-2921(01)00196-9 · Cited by 928
Further evidence on the bank lending process and the capital market response to bank loan agreements
Lummer, S. L., & McConnell, J. J. (1989) · Journal of Financial Economics · doi:10.1016/0304-405x(89)90098-6 · Cited by 856
The Syndication of Venture Capital Investments
Lerner, J. (1994) · Financial Management · doi:10.2307/3665618 · Cited by 822
Robust Financial Contracting and the Role of Venture Capitalists
ADMATI, A. R., & PFLEIDERER, P. (1994) · The Journal of Finance · doi:10.1111/j.1540-6261.1994.tb05146.x · Cited by 723
Universal banking and the performance of German firms
Gorton, G., & Schmid, F. A. (2000) · Journal of Financial Economics · doi:10.1016/s0304-405x(00)00066-0 · Cited by 678
Do Better Institutions Mitigate Agency Problems? Evidence from Corporate Finance Choices
Giannetti, M. (2003) · Journal of Financial and Quantitative Analysis · doi:10.2307/4126769 · Cited by 649
The Syndication of Venture Capital Investments
Lerner, J. (2022) · Venture Capital · doi:10.4324/9781315235110-12 · Cited by 642
Banks and loan sales Marketing nonmarketable assets
Gorton, G. B., & Pennacchi, G. G. (1995) · Journal of Monetary Economics · doi:10.1016/0304-3932(95)01199-x · Cited by 604
A Theory of Workouts and the Effects of Reorganization Law*
GERTNER, R., & SCHARFSTEIN, D. (1991) · The Journal of Finance · doi:10.1111/j.1540-6261.1991.tb04615.x · Cited by 604
What Determines the Number of Bank Relationships? Cross-Country Evidence
Ongena, S., & Smith, D. C. (2000) · Journal of Financial Intermediation · doi:10.1006/jfin.1999.0273 · Cited by 592
Information Production, Market Signalling, and the Theory of Financial Intermediation
CAMPBEL, T. S., & KRACAW, W. A. (1980) · The Journal of Finance · doi:10.1111/j.1540-6261.1980.tb03506.x · Cited by 527
Loan Sales and the Cost of Bank Capital
PENNACCHI, G. G. (1988) · The Journal of Finance · doi:10.1111/j.1540-6261.1988.tb03945.x · Cited by 467
Do Banking Shocks Affect Borrowing Firm Performance? An Analysis of the Japanese Experience
Kang, J.-K., & Stulz, R. M. (1998) · doi:10.2139/ssrn.136708 · Cited by 392
Do Banking Shocks Affect Borrowing Firm Performance? An Analysis of the Japanese Experience
Kang, J., & Stulz, R. M. (2000) · The Journal of Business · doi:10.1086/209630 · Cited by 391
Djankov, S. D., La Porta, R., Lopez de Silanes, F., & Shleifer, A. (2002) · SSRN Electronic Journal · doi:10.2139/ssrn.304453 · Cited by 290
Banks and Loan Sales: Marketing Non-Marketable Assets
Gorton, G., & Pennacchi, G. (1990) · National Bureau of Economic Research · doi:10.3386/w3551 · Cited by 227
Economic Development, Legality and the Transplant Effect
Pistor, K., Berkowitz, D. M., & Richard, J.-F. (2000) · SSRN Electronic Journal · doi:10.2139/ssrn.183269 · Cited by 215
What Determines the Number of Bank Relationships? Cross-Country Evidence
Ongena, S. R. G., & Smith, D. C. (1998) · SSRN Electronic Journal · doi:10.2139/ssrn.79588 · Cited by 177
Monitoring, loan renegotiability, and firm value: The role of lending syndicates
Preece, D., & Mullineaux, D. J. (1996) · Journal of Banking & Finance · doi:10.1016/0378-4266(95)00006-2 · Cited by 168
Bank Borrowers and Loan Sales: New Evidence on the Uniqueness of Bank Loans*
Dahiya, S., Puri, M., & Saunders, A. (2003) · The Journal of Business · doi:10.1086/377031 · Cited by 168
Privatization and Corporate Governance: The Lessons from Securities Market Failure
Coffee Jr., J. C. (2000) · SSRN Electronic Journal · doi:10.2139/ssrn.215608 · Cited by 167
ARE PROJECT FINANCE LOANS DIFFERENT FROM OTHER SYNDICATED CREDITS?
Kleimeier, S., & Megginson, W. L. (2000) · Journal of Applied Corporate Finance · doi:10.1111/j.1745-6622.2000.tb00043.x · Cited by 164
Self-citationPrivatization and Corporate Governance: The Lessons from Securities Market Failure
Coffee, & John, C. (1999) · The Journal of corporation law · Cited by 153
Courts and Banks: Effects of Judicial Enforcement on Credit MarketsPreprint
Bianco, M., Jappelli, T., & Pagano, M. (2002) · SSRN Electronic Journal · doi:10.2139/ssrn.302133 · Cited by 136
Inside the Business Enterprise
Temin, P. (1991) · University of Chicago Press eBooks · doi:10.7208/chicago/9780226792057.001.0001 · Cited by 118
Privatization and Corporate Governance: The Lessons from Securities Market FailurePreprint
Coffee, J. C. (1999) · SSRN Electronic Journal · doi:10.2139/ssrn.190568 · Cited by 99
STRUCTURING LOAN SYNDICATES: A CASE STUDY OF THE HONG KONG DISNEYLAND PROJECT LOAN
Esty, B. C. (2001) · Journal of applied corporate finance · doi:10.1111/j.1745-6622.2001.tb00440.x · Cited by 92
Self-citationBank Borrowers and Loan Sales: New Evidence on the Uniqueness of Bank LoansPreprint
Dahiya, S., Puri, M., & Saunders, A. (2001) · SSRN Electronic Journal · doi:10.2139/ssrn.287094 · Cited by 58
The Optimal Concentration of Creditors
Bris, A., & Welch, I. (2001) · National Bureau of Economic Research · doi:10.3386/w8652 · Cited by 31
Recent trends in bank loan syndications: evidence for 1995-1999Preprint
Jones, J. D., Lang, W. W., & Nigro, P. J. (2001) · RePEc: Research Papers in Economics · Cited by 24
Cited by
The Economic Consequences of Legal Origins
Porta, R. L., Lopez-de-Silanes, F., & Shleifer, A. (2008) · Journal of Economic Literature · doi:10.1257/jel.46.2.285 · Cited by 3,220
The Economic Consequences of Legal Origins
Porta, R. L., Lopez-de-Silanes, F., & Shleifer, A. (2007) · National Bureau of Economic Research · doi:10.3386/w13608 · Cited by 892
Creditor Rights, Enforcement, and Bank Loans
BAE, K., & GOYAL, V. K. (2009) · The Journal of Finance · doi:10.1111/j.1540-6261.2009.01450.x · Cited by 800
Dividend policy, creditor rights, and the agency costs of debt☆
Brockman, P., & Unlu, E. (2009) · Journal of Financial Economics · doi:10.1016/j.jfineco.2008.03.007 · Cited by 375
Boubakri, N., & Ghouma, H. (2010) · Journal of Banking & Finance · doi:10.1016/j.jbankfin.2010.04.006 · Cited by 280
Metadata
- Authors
- Esty, B. C., & Megginson, W. L.
- Venue
- SSRN Electronic Journal
- Publisher
- Elsevier BV
- Published
- 2002
- ISSN
- 1556-5068 (ISSN-L)
- OpenAlex
- W1979279849
- Cited by
- 301
- References
- 58
- Type
- posted content
- Language
- en
- Open access
- green
About these checks
Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
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.