SSRN Corporate Finance: Capital Structure & Payout Policies eJournal

1.

Agency Cost Of Free Cash Flow, Corporate Finance, and Takeovers

American Economic Review, Vol. 76, No. 2, May 1986

Number of pages: 15 Posted: 25 Mar 1999

Accepted Paper Series

Michael C. Jensen

SSRN

Downloads 41,187

2.

Separation of Ownership and Control

Michael C. Jensen, FOUNDATIONS OF ORGANIZATIONAL STRATEGY, Harvard University Press, 1998, and Journal of Law and Economics, Vol. 26, June 1983

Number of pages: 32 Posted: 29 Nov 1998

Accepted Paper Series

Eugene F. Fama and Michael C. Jensen

University of Chicago - Finance and SSRN

Downloads 34,330

3.

Managerial Compensation and Capital Structure Under Asymmetric Information

Number of pages: 27 Posted: 02 Mar 2007

Working Paper Series

Kostas Koufopoulos

University of Warwick - Finance Group

There are 2 versions of this paper

Downloads 22,845

4.

A Survey of Behavioral Finance

Number of pages: 77 Posted: 04 Oct 2002

Working Paper Series

Nicholas Barberis and Richard H. Thaler

Yale School of Management and University of Chicago - Booth School of Business

There are 2 versions of this paper

Downloads 21,401

5.

Endogeneity in Empirical Corporate Finance

Simon School Working Paper No. FR 11-29

Number of pages: 97 Posted: 28 Jan 2011 Last Revised: 06 Oct 2012

Working Paper Series

Michael R. Roberts and Toni M. Whited

The Wharton School - University of Pennsylvania; National Bureau of Economic Research (NBER) and University of Michigan, Stephen M. Ross School of Business

Downloads 17,973

6.

Trade-Off and Pecking Order Theories of Debt

Number of pages: 85 Posted: 22 Feb 2005 Last Revised: 11 Dec 2007

Working Paper Series

Murray Z. Frank and Vidhan K. Goyal

University of Minnesota and Hong Kong University of Science & Technology (HKUST) - Department of Finance

Downloads 16,532

7.

Crowdfunding of Small Entrepreneurial Ventures

HANDBOOK OF ENTREPRENEURIAL FINANCE, Oxford University Press, Forthcoming

Number of pages: 23 Posted: 30 Oct 2010

Working Paper Series

Armin Schwienbacher and Benjamin Larralde

SKEMA Business School and Universite du Luxembourg

Downloads 16,126

8.

Agency Problems and Residual Claims

Michael C. Jensen, FOUNDATIONS OF ORGANIZATIONAL STRATEGY, Harvard University Press, 1998; Journal of Law & Economics, Vol. 26, June 1983

Number of pages: 30 Posted: 29 Nov 1998

Accepted Paper Series

Eugene F. Fama and Michael C. Jensen

University of Chicago - Finance and SSRN

Downloads 13,751

9.

Theory of Capital Structure - a Review

FRIHET OG MANGFOLD, FESTSSKRIFT TIL ODD, G. Arntzen. L. Fallan & O. Gustafsson, eds., Trondheim: Tapir/TØH, Tapir Academic Press, NO-7005 Trondheim, Norway,

Number of pages: 41 Posted: 17 Jun 2004 Last Revised: 28 Jan 2011

Accepted Paper Series

Stein Frydenberg

NTNU Business School - Norwegian University of Science and Technology (NTNU)

Downloads 13,394

10.

Optimal Capital Structure: Problems with the Harvard and Damodaran Approaches

Number of pages: 13 Posted: 22 May 2001 Last Revised: 19 Nov 2015

Working Paper Series

Pablo Fernandez

University of Navarra - IESE Business School

Downloads 13,107

11.

Disappearing Dividends: Changing Firm Characteristics Or Lower Propensity To Pay?

AFA 2001 New Orleans; CRSP Working Paper No. 509

Number of pages: 53 Posted: 03 Feb 2000

Working Paper Series

Eugene F. Fama and Kenneth R. French

University of Chicago - Finance and Tuck School of Business at Dartmouth

Downloads 10,869

12.

A Review of Empirical Capital Structure Research and Directions for the Future

Annual Review of Financial Economics, Vol. 3, 2011

Number of pages: 59 Posted: 22 Dec 2010 Last Revised: 24 Oct 2011

Working Paper Series

John R. Graham and Mark T. Leary

Duke University and Washington University in St. Louis - Olin Business School

There are 2 versions of this paper

Downloads 10,467

13.

Market Risk Premium and Risk Free Rate Used for 51 Countries in 2013: A Survey with 6,237 Answers

Number of pages: 19 Posted: 15 Jul 2006 Last Revised: 27 Jun 2013

Working Paper Series

Pablo Fernandez, Javier Aguirreamalloa and Pablo Linares

University of Navarra - IESE Business School, IESE Business School and University of Navarra, IESE Business School

Downloads 10,189

14.

Does Dividend Policy Foretell Earnings Growth?

Number of pages: 34 Posted: 07 Jan 2002

Working Paper Series

Robert D. Arnott and Clifford S. Asness

Research Affiliates, LLC and AQR Capital Management, LLC

Downloads 10,179

15.

Capital Structure Decisions

AFA 2004 San Diego Meetings

Number of pages: 56 Posted: 28 May 2003

Working Paper Series

Murray Z. Frank and Vidhan K. Goyal

University of Minnesota and Hong Kong University of Science & Technology (HKUST) - Department of Finance

Downloads 9,595

16.

Equity Premium: Historical, Expected, Required and Implied

Number of pages: 26 Posted: 27 Sep 2006 Last Revised: 19 Nov 2015

Working Paper Series

Pablo Fernandez

University of Navarra - IESE Business School

Downloads 9,144

17.

How to Value a Seasonal Company Discounting Cash Flows

Number of pages: 16 Posted: 18 Jun 2003 Last Revised: 18 Nov 2015

Working Paper Series

Pablo Fernandez

University of Navarra - IESE Business School

Downloads 8,503

18.

The Determinants of Capital Structure Choice: A Survey of European Firms

AFA 2003 Washington, DC Meetings; EFMA 2002 London Meetings

Number of pages: 34 Posted: 02 Feb 2002

Working Paper Series

Franck Bancel and Usha R. Mittoo

European School of Management (ESCP) - (EAP) and University of Manitoba - Department of Accounting and Finance

Downloads 8,278

19.

How Do Venture Capitalists Make Decisions?

Stanford University Graduate School of Business Research Paper No. 16-33, European Corporate Governance Institute (ECGI) - Finance Working Paper No. 477/2016

Number of pages: 95 Posted: 29 Jun 2016 Last Revised: 10 May 2017

Working Paper Series

Paul A. Gompers, Will Gornall, Steven N. Kaplan and Ilya A. Strebulaev

Harvard Business School - Finance Unit, University of British Columbia (UBC) - Sauder School of Business, University of Chicago - Booth School of Business and Stanford University - Graduate School of Business

There are 2 versions of this paper

Downloads 8,242

20.

Payout Policy in the 21st Century

Tuck Contemporary Corporate Finance Issues III Conference Paper

Number of pages: 43 Posted: 03 Aug 2004

Working Paper Series

Alon Brav, Campbell R. Harvey, John R. Graham and Roni Michaely

Duke University - Fuqua School of Business, Duke University - Fuqua School of Business, Duke University and [email protected] Tech, Cornell University

There are 2 versions of this paper

Downloads 7,744

21.

Testing Tradeoff and Pecking Order Predictions About Dividends and Debt

CRSP Working Paper No. 506

Number of pages: 46 Posted: 15 Dec 1999

Working Paper Series

Eugene F. Fama and Kenneth R. French

University of Chicago - Finance and Tuck School of Business at Dartmouth

Downloads 7,530

22.

Testing the Pecking Order Theory of Capital Structure

EFA 0157: AFA 2001 New Orleans

Number of pages: 53 Posted: 12 Dec 2000

Working Paper Series

Murray Z. Frank and Vidhan K. Goyal

University of Minnesota and Hong Kong University of Science & Technology (HKUST) - Department of Finance

Downloads 7,505

23.

Financial Statement Analysis of Leverage and How It Informs About Profitability and Price-to-Book Ratios

Number of pages: 45 Posted: 08 Dec 2001

Working Paper Series

Doron Nissim and Stephen H. Penman

Columbia University - Columbia Business School and Columbia Business School - Department of Accounting

Downloads 7,257

24.

Accrual Reliability, Earnings Persistence and Stock Prices

Journal of Accounting & Economics, Vol. 39, No. 3, September 2005

Number of pages: 65 Posted: 28 Mar 2004

Accepted Paper Series

Scott A. Richardson, Richard G. Sloan, Mark T. Soliman and A. Irem Tuna

AQR Capital Management, LLC, University of California, Berkeley - Accounting Group, University of Southern California - Marshall School of Business and London Business School

Downloads 7,130

25.

Capital Structure Decisions: Which Factors are Reliably Important?

Number of pages: 60 Posted: 24 Jul 2004 Last Revised: 11 Dec 2007

Working Paper Series

Murray Z. Frank and Vidhan K. Goyal

University of Minnesota and Hong Kong University of Science & Technology (HKUST) - Department of Finance

Downloads 7,130

26.

Preparing a Referee Report: Guidelines and Perspectives

Number of pages: 9 Posted: 11 Jan 2015 Last Revised: 21 Dec 2016

Working Paper Series

Jonathan Berk, Campbell R. Harvey and David A. Hirshleifer

Stanford Graduate School of Business, Duke University - Fuqua School of Business and University of California, Irvine - Paul Merage School of Business

Downloads 7,013

27.

My Life in Finance

Annual Review of Financial Economics, Forthcoming

Number of pages: 27 Posted: 15 Feb 2010 Last Revised: 10 Mar 2010

Accepted Paper Series

Eugene F. Fama

University of Chicago - Finance

There are 2 versions of this paper

Downloads 6,849

28.

Effects of Working Capital Management on SME Profitability

Number of pages: 22 Posted: 05 Apr 2006

Working Paper Series

Pedro Martínez-Solano and Pedro J. García-Teruel

University of Murcia and University of Murcia

There are 2 versions of this paper

Downloads 6,777

29.

Capital Structure and Stock Returns

Yale ICF Working Paper No. 02-03; EFMA 2002 London Meetings

Number of pages: 35 Posted: 25 Jan 2002

Working Paper Series

Ivo Welch

University of California, Los Angeles (UCLA)

There are 2 versions of this paper

Downloads 6,656

30.

Supply of Capital and Capital Structure: The Role of Financial Development

Midwest Finance Association 2012 Annual Meetings Paper

Number of pages: 74 Posted: 17 Mar 2011 Last Revised: 07 Jan 2016

Working Paper Series

Angelos A. Antzoulatos, Kostas Koufopoulos, Costas Lambrinoudakis and Emmanuel D. Tsiritakis

University of Piraeus - Department of Banking and Financial Management, University of Warwick - Finance Group, University of Piraeus - Department of Banking and Financial Management and University of Piraeus

Downloads 6,526

31.

Two and Twenty: Taxing Partnership Profits in Private Equity Funds

New York University Law Review, 2008, U of Colorado Law Legal Studies Research Paper No. 06-27, UCLA School of Law, Law-Econ Research Paper No. 06-11

Number of pages: 55 Posted: 23 Mar 2006

Accepted Paper Series

Victor Fleischer

University of San Diego School of Law

Downloads 6,351

32.

Hedge Fund Activism, Corporate Governance, and Firm Performance

Journal of Finance, Vol. 63, p. 1729, 2008, ECGI - Finance Working Paper No. 139/2006, Vanderbilt Law and Economics Research Paper No. 07-28, FDIC Center for Financial Research Working Paper No. 2008-06

Number of pages: 56 Posted: 05 Apr 2007

Accepted Paper Series

Alon Brav, Wei Jiang, Randall S. Thomas and Frank Partnoy

Duke University - Fuqua School of Business, Columbia Business School - Finance and Economics, Vanderbilt University - Law School and University of San Diego School of Law

Downloads 6,263

33.

Swept Away by the Crowd? Crowdfunding, Venture Capital, and the Selection of Entrepreneurs

Number of pages: 48 Posted: 25 Mar 2013

Working Paper Series

Ethan R. Mollick

University of Pennsylvania - Wharton School

Downloads 6,212

34.

An International Comparison of Capital Structure and Debt Maturity Choices

AFA 2005 Philadelphia Meetings

Number of pages: 55 Posted: 27 Dec 2004 Last Revised: 04 Oct 2011

Working Paper Series

Joseph P. H. Fan, Garry J. Twite and Sheridan Titman

The Chinese University of Hong Kong (CUHK) - School of Accountancy, University of Melbourne - Department of Finance and University of Texas at Austin - Department of Finance

There are 2 versions of this paper

Downloads 6,040

35.

Capital Structure and Debt Structure

EFA 2008 Athens Meetings Paper, AFA 2009 San Francisco Meetings Paper

Number of pages: 56 Posted: 19 Mar 2008 Last Revised: 18 Feb 2010

Working Paper Series

Joshua D. Rauh and Amir Sufi

Stanford Graduate School of Business and University of Chicago - Booth School of Business

There are 2 versions of this paper

Downloads 6,000

36.

Why Do Firms Pay Dividends? International Evidence on the Determinants of Dividend Policy

Number of pages: 52 Posted: 04 Mar 2006

Working Paper Series

Igor Osobov and David J. Denis

Georgia State University, Department of Finance and University of Pittsburgh

Downloads 5,893

37.

What's Really Wrong with U.S. Business Schools?

Number of pages: 25 Posted: 01 Aug 2005

Working Paper Series

Harry DeAngelo, Linda DeAngelo and Jerold L. Zimmerman

University of Southern California - Marshall School of Business - Finance and Business Economics Department, University of Southern California - Marshall School of Business - Finance and Business Economics Department and University of Rochester - Simon Business School

Downloads 5,801

38.

Optimal Capital Structure

Number of pages: 39 Posted: 20 Jan 2011 Last Revised: 15 Sep 2013

Working Paper Series

Jules H. van Binsbergen, John R. Graham and Jie Yang

University of Pennsylvania - The Wharton School, Duke University and Board of Governors of the Federal Reserve System

Downloads 5,768

39.

A Dynamic Model of Optimal Capital Structure

McCombs Research Paper Series No. FIN-03-06

Number of pages: 64 Posted: 19 Nov 2002

Working Paper Series

Sergey Tsyplakov and Sheridan Titman

University of South Carolina - Darla Moore School of Business and University of Texas at Austin - Department of Finance

There are 2 versions of this paper

Downloads 5,717

40.

Capital Structure, Payout Policy, and Financial Flexibility

Marshall School of Business Working Paper No. FBE 02-06

Number of pages: 25 Posted: 17 Jul 2006 Last Revised: 20 May 2009

Working Paper Series

Harry DeAngelo and Linda DeAngelo

University of Southern California - Marshall School of Business - Finance and Business Economics Department and University of Southern California - Marshall School of Business - Finance and Business Economics Department

Downloads 5,627

41.

Corporate Payout Policy

Foundations and Trends in Finance, Vol. 3, Nos. 2-3, pp. 95-287, 2008

Number of pages: 198 Posted: 07 May 2009 Last Revised: 29 Dec 2012

Accepted Paper Series

Harry DeAngelo, Linda DeAngelo and Douglas J. Skinner

University of Southern California - Marshall School of Business - Finance and Business Economics Department, University of Southern California - Marshall School of Business - Finance and Business Economics Department and The University of Chicago - Booth School of Business

There are 2 versions of this paper

Downloads 5,532

42.

Financing Decisions: Who Issues Stock?

CRSP Working Paper No. 549

Number of pages: 39 Posted: 13 Aug 2003

Working Paper Series

Eugene F. Fama and Kenneth R. French

University of Chicago - Finance and Tuck School of Business at Dartmouth

Downloads 5,433

43.

Market Timing and Capital Structure

Number of pages: 48 Posted: 30 Apr 2001 Last Revised: 13 Jan 2009

Working Paper Series

Malcolm P. Baker and Jeffrey Wurgler

Harvard Business School and NYU Stern School of Business

There are 3 versions of this paper

Downloads 5,388

44.

Earnings Management Through Real Activities Manipulation

Number of pages: 54 Posted: 19 Dec 2003

Working Paper Series

Sugata Roychowdhury

Boston College

Downloads 5,326

45.

Capital Structure and Firm Performance: A New Approach to Testing Agency Theory and an Application to the Banking Industry

FEDS Working Paper No. 2002-54

Number of pages: 39 Posted: 26 Jun 2003

Working Paper Series

Allen N. Berger and Emilia Bonaccorsi di Patti

University of South Carolina - Darla Moore School of Business and Bank of Italy

Downloads 5,285

46.

A Review of Tax Research

Number of pages: 138 Posted: 23 Sep 2009 Last Revised: 28 Jul 2010

Working Paper Series

Michelle Hanlon and Shane Heitzman

Massachusetts Institute of Technology (MIT) - Sloan School of Management and University of Southern California - Marshall School of Business

Downloads 5,273

47.

Enterprise Risk Management: Theory and Practice

Number of pages: 33 Posted: 04 Aug 2006

Working Paper Series

Brian W. Nocco and René M. Stulz

Nationwide Insurance and Ohio State University (OSU) - Department of Finance

There are 2 versions of this paper

Downloads 4,947

48.

Does Venture Capital Require an Active Stock Market?

As published in Journal of Applied Corporate Finance, pp. 36-48, Winter 1999

Number of pages: 30 Posted: 23 Mar 2000

Accepted Paper Series

Ronald J. Gilson and Bernard S. Black

Stanford Law School and Northwestern University - Pritzker School of Law

Downloads 4,929

49.

Does Corporate Performance Determine Capital Structure and Dividend Policy?

Number of pages: 53 Posted: 22 Mar 2005

Working Paper Series

Michael W. Faulkender, Anjan V. Thakor and Todd T. Milbourn

University of Maryland - Robert H. Smith School of Business, Washington University, Saint Louis - John M. Olin School of Business and Washington University in Saint Louis - Olin Business School

Downloads 4,895

50.

Corporate Social Responsibility and Access to Finance

Strategic Management Journal, 35 (1): 1-23.

Number of pages: 43 Posted: 25 May 2011 Last Revised: 28 Nov 2014

Accepted Paper Series

Beiting Cheng, Ioannis Ioannou and George Serafeim

Harvard University - Harvard Business School, London Business School and Harvard University - Harvard Business School

Downloads 4,893

Quick Links

Rankings

About