Bart M. Lambrecht

University of Cambridge - Judge Business School

Trumpington Street

Cambridge, CB2 1AG

United Kingdom

Centre for Economic Policy Research (CEPR)

London

United Kingdom

  • University of Cambridge - Judge Business School

    • Email
    • Tel: 44-(0)-1223-339700
    • Fax: 44-(0)-1223-339701

  • Centre for Economic Policy Research (CEPR)

SCHOLARLY PAPERS

21

DOWNLOADS
Rank 8,299

SSRN RANKINGS

Top 8,299

in Total Papers Downloads

11,349

TOTAL CITATIONS
Rank 4,808

SSRN RANKINGS

Top 4,808

in Total Papers Citations

167

Scholarly Papers (21)

Actions:
Email selected abstracts
1.

The Timing and Terms of Mergers Motivated by Economies of Scale

Downloads 1,696 (22,254)
Citation 37

The Timing and Terms of Mergers Motivated by Economies of Scale

Number of pages: 24 Posted: 16 Aug 2003
Bart M. Lambrecht
University of Cambridge - Judge Business School
Downloads 1,696 (21,848)
Citation 37

Abstract:

Loading...

The Timing and Terms of Mergers Motivated by Economies of Scale

Posted: 16 Aug 2003
Bart M. Lambrecht
University of Cambridge - Judge Business School

Abstract:

Loading...

2.

A Theory of Income Smoothing When Insiders Know More than Outsiders

Downloads 1,363 (30,913)
Citation 17

A Theory of Income Smoothing When Insiders Know More than Outsiders

Forthcoming, Review of Financial Studies
Number of pages: 54 Posted: 16 Nov 2011 Last Revised: 24 Mar 2015
Viral V. Acharya, Viral V. Acharya and Bart M. Lambrecht
New York University (NYU) - Leonard N. Stern School of Business and University of Cambridge - Judge Business School
Downloads 844 (60,117)
Citation 1

Abstract:

Loading...

payout policy, asymmetric information, under-investment, finance and growth

A Theory of Income Smoothing When Insiders Know More than Outsiders

NYU Working Paper No. 2451/31367
Number of pages: 58 Posted: 15 Dec 2011 Last Revised: 05 Sep 2014
Viral V. Acharya, Viral V. Acharya and Bart M. Lambrecht
New York University (NYU) - Leonard N. Stern School of Business and University of Cambridge - Judge Business School
Downloads 262 (242,530)

Abstract:

Loading...

payout policy, asymmetric information, under-investment, finance and growth

A Theory of Income Smoothing When Insiders Know More than Outsiders

Number of pages: 51 Posted: 16 Mar 2012
Viral V. Acharya, Viral V. Acharya and Bart M. Lambrecht
New York University (NYU) - Leonard N. Stern School of Business and University of Cambridge - Judge Business School
Downloads 204 (310,009)

Abstract:

Loading...

payout policy, asymmetric information, under-investment, accounting quality, finance and growth

A Theory of Income Smoothing When Insiders Know More than Outsiders

NBER Working Paper No. w17696
Number of pages: 51 Posted: 25 Dec 2011 Last Revised: 10 May 2023
Viral V. Acharya, Viral V. Acharya and Bart M. Lambrecht
New York University (NYU) - Leonard N. Stern School of Business and University of Cambridge - Judge Business School
Downloads 50 (826,935)
Citation 14

Abstract:

Loading...

A Theory of Income Smoothing When Insiders Know More than Outsiders

CEPR Discussion Paper No. DP8729
Number of pages: 52 Posted: 20 Jan 2012
Viral V. Acharya, Viral V. Acharya and Bart M. Lambrecht
New York University (NYU) - Leonard N. Stern School of Business and University of Cambridge - Judge Business School
Downloads 3 (1,341,224)
Citation 2
  • Add to Cart

Abstract:

Loading...

accounting quality, asymmetric information, measurement error, payout policy, under-investment

3.

A Theory of Takeovers and Disinvestment

Downloads 1,303 (33,013)
Citation 9

A Theory of Takeovers and Disinvestment

Number of pages: 50 Posted: 09 Jan 2005
Bart M. Lambrecht and Stewart C. Myers
University of Cambridge - Judge Business School and Massachusetts Institute of Technology (MIT)
Downloads 1,154 (38,693)
Citation 2

Abstract:

Loading...

Disinvestment, takeover, real option, managerial incentives

A Theory of Takeovers and Disinvestment

NBER Working Paper No. w11082
Number of pages: 45 Posted: 23 Feb 2005 Last Revised: 14 Oct 2022
Stewart C. Myers and Bart M. Lambrecht
Massachusetts Institute of Technology (MIT) and University of Cambridge - Judge Business School
Downloads 149 (410,755)
Citation 7

Abstract:

Loading...

4.

The Timing and Terms of Takeovers Under Uncertainty: A Real Options Approach

JIMS Working Paper No. 3/2001
Number of pages: 41 Posted: 11 Dec 2001
Bart M. Lambrecht
University of Cambridge - Judge Business School
Downloads 1,247 (35,147)
Citation 5

Abstract:

Loading...

takeover activity, timing, return, real option

5.

Differentiating Debt Target from Non-Target Firms: An Empirical Study on Corporate Capital Structure

University of Cambridge, JIMS Working Paper No. 18/2001
Number of pages: 44 Posted: 07 Dec 2001
Gishan Dissanaike, Bart M. Lambrecht and António Saragga Seabra
University of Cambridge - Judge Business School, University of Cambridge - Judge Business School and affiliation not provided to SSRN
Downloads 1,040 (45,769)
Citation 8

Abstract:

Loading...

capital structure, debt target

6.

Debt and Managerial Rents in a Real-Options Model of the Firm

EFA 2006 Zurich Meetings Paper
Number of pages: 47 Posted: 12 Jun 2006
Stewart C. Myers and Bart M. Lambrecht
Massachusetts Institute of Technology (MIT) and University of Cambridge - Judge Business School
Downloads 866 (58,938)
Citation 18

Abstract:

Loading...

investment policy, financing policy, debt, agency

7.

A Lintner Model of Payout and Managerial Rents

Downloads 707 (77,139)
Citation 26

A Lintner Model of Payout and Managerial Rents

Journal of Finance, Forthcoming, AFA 2011 Denver Meetings Paper
Number of pages: 61 Posted: 16 Mar 2010 Last Revised: 16 Jan 2012
Bart M. Lambrecht and Stewart C. Myers
University of Cambridge - Judge Business School and Massachusetts Institute of Technology (MIT)
Downloads 639 (86,558)
Citation 25

Abstract:

Loading...

payout, investment, financing policy, agency

A Litner Model of Payout and Managerial Rents

NBER Working Paper No. w16210
Number of pages: 62 Posted: 26 Jul 2010 Last Revised: 17 Apr 2023
Bart M. Lambrecht and Stewart C. Myers
University of Cambridge - Judge Business School and Massachusetts Institute of Technology (MIT)
Downloads 68 (709,076)
Citation 1

Abstract:

Loading...

8.

The Dynamics of Investment, Payout and Debt

Downloads 590 (97,133)
Citation 16

The Dynamics of Investment, Payout and Debt

Number of pages: 58 Posted: 21 Oct 2014 Last Revised: 29 Jan 2017
Bart M. Lambrecht and Stewart C. Myers
University of Cambridge - Judge Business School and Massachusetts Institute of Technology (MIT)
Downloads 588 (96,282)
Citation 16

Abstract:

Loading...

payout, investment, financing policy, agency

The Dynamics of Investment, Payout and Debt

CEPR Discussion Paper No. DP9926
Number of pages: 56 Posted: 02 Jun 2014
Bart M. Lambrecht and Stewart C. Myers
University of Cambridge - Judge Business School and Massachusetts Institute of Technology (MIT)
Downloads 2 (1,348,394)
  • Add to Cart

Abstract:

Loading...

agency, financing policy, investment, payout

9.

Resolving Tensions between Heterogeneous Investors in a Startup

Forthcoming, Management Science
Number of pages: 47 Posted: 06 Apr 2019 Last Revised: 08 Jan 2024
Shiqi Chen and Bart M. Lambrecht
Lancaster University - Lancaster University Management School and University of Cambridge - Judge Business School
Downloads 532 (110,571)
Citation 1

Abstract:

Loading...

investment, payout, startup, risk preferences, group policy

10.

Determinants of Outstanding Mortgage Loan to Value Ratios: Evidence from the Netherlands

EFA 2009 Bergen Meetings Paper
Number of pages: 59 Posted: 25 Mar 2008 Last Revised: 18 Mar 2013
M. Ricardo Cunha, Bart M. Lambrecht and Grzegorz Pawlina
Portuguese Catholic University - Porto, University of Cambridge - Judge Business School and Lancaster University - Department of Accounting and Finance
Downloads 528 (111,631)
Citation 6

Abstract:

Loading...

household finance, mortgages, loan to value, mortgage type

11.

Liquidation, Bailout, and Bail-in: Insolvency Resolution Mechanisms and Bank Lending

Downloads 470 (128,412)
Citation 7

Liquidation, Bailout, and Bail-in: Insolvency Resolution Mechanisms and Bank Lending

Forthcoming in the Journal of Financial and Quantitative Analysis
Number of pages: 62 Posted: 22 Feb 2018 Last Revised: 26 May 2021
Bart M. Lambrecht and Alex S. L. Tse
University of Cambridge - Judge Business School and University College London
Downloads 470 (126,846)
Citation 2

Abstract:

Loading...

Liquidation, bailout, bail-in, asset sale, agency

Liquidation, Bailout, and Bail-In: Insolvency Resolution Mechanisms and Bank Lending

CEPR Discussion Paper No. DP13734
Number of pages: 64 Posted: 22 May 2019
Bart M. Lambrecht and Alex S. L. Tse
University of Cambridge - Judge Business School and University College London
Downloads 0
Citation 5
  • Add to Cart

Abstract:

Loading...

agency, asset sale, bail-in, bailout, Liquidation

12.

A Theory of Net Debt and Transferable Human Capital

Lambrecht, B.M., and G. Pawlina, 2013, A Theory of Net Debt and Transferable Human Capital, Review of Finance 17 (1), 321-368
Number of pages: 59 Posted: 08 Jan 2009 Last Revised: 21 Jul 2015
Bart M. Lambrecht and Grzegorz Pawlina
University of Cambridge - Judge Business School and Lancaster University - Department of Accounting and Finance
Downloads 341 (185,190)
Citation 9

Abstract:

Loading...

capital structure, net debt, human capital

13.

Making, Buying and Concurrent Sourcing: Implications for Operating Leverage and Stock Beta

Review of Finance, 20(3), 1013-1043, May 2016
Number of pages: 50 Posted: 18 Nov 2011 Last Revised: 13 Apr 2020
Bart M. Lambrecht, Grzegorz Pawlina and João C. A. Teixeira
University of Cambridge - Judge Business School, Lancaster University - Department of Accounting and Finance and University of the Azores - School of Business and Economics
Downloads 274 (233,218)
Citation 2

Abstract:

Loading...

sourcing, operating flexibility, operating leverage, stock beta

14.

Do Capital Structure Models Square with the Dynamics of Payout?

Downloads 130 (457,564)
Citation 3

Do Capital Structure Models Square with the Dynamics of Payout?

Published, Annual Review of Financial Economics
Number of pages: 49 Posted: 03 Jun 2021 Last Revised: 16 Jan 2024
Shiqi Chen and Bart M. Lambrecht
Lancaster University - Lancaster University Management School and University of Cambridge - Judge Business School
Downloads 126 (470,679)

Abstract:

Loading...

payout smoothing, capital structure, pecking order model, leverage target, investment

Do Capital Structure Models Square with the Dynamics of Payout?

CEPR Discussion Paper No. DP16199
Number of pages: 52 Posted: 14 Jul 2021
Shiqi Chen and Bart M. Lambrecht
Lancaster University - Lancaster University Management School and University of Cambridge - Judge Business School
Downloads 4 (1,334,047)
Citation 3
  • Add to Cart

Abstract:

Loading...

15.

Corporate Finance and the (In)efficient Exercise of Real Options

Multinational Finance Journal, Vol. 14, No. 3/4, p. 189-217, 2010
Number of pages: 29 Posted: 26 Jun 2015
Bart M. Lambrecht and Grzegorz Pawlina
University of Cambridge - Judge Business School and Lancaster University - Department of Accounting and Finance
Downloads 115 (502,862)
Citation 3

Abstract:

Loading...

real options, product market competition; costly search; financing constraints; agency problem

16.

The Optimal Size, Financing and Personal Liability of Professional Partnerships

Number of pages: 54 Posted: 30 Nov 2023 Last Revised: 19 Feb 2025
Shiqi Chen and Bart M. Lambrecht
Lancaster University - Lancaster University Management School and University of Cambridge - Judge Business School
Downloads 77 (652,129)

Abstract:

Loading...

investment, debt, partnership, liability, personal guarantee, financing constraint

17.

Household Liquidity and Incremental Financing Decisions: Theory and Evidence

Number of pages: 48 Posted: 30 Sep 2011
M. Ricardo Cunha, Bart M. Lambrecht and Grzegorz Pawlina
Portuguese Catholic University - Porto, University of Cambridge - Judge Business School and Lancaster University - Department of Accounting and Finance
Downloads 67 (702,583)

Abstract:

Loading...

18.

Financial Policies and Internal Governance with Heterogeneous Risk Preferences

CEPR Discussion Paper No. DP13888
Number of pages: 55 Posted: 02 Aug 2019
Bart M. Lambrecht and Shiqi Chen
University of Cambridge - Judge Business School and University of Cambridge
Downloads 3 (1,285,667)
  • Add to Cart

Abstract:

Loading...

governance, Group decisions, investment, Payout, Risk Preference

19.

Do Capital Structure Models Square with the Dynamics of Payout?

Annual Review of Financial Economics, Vol. 13, pp. 271-299, 2021
Posted: 09 Nov 2021
Shiqi Chen and Bart M. Lambrecht
University of Cambridge and University of Cambridge - Judge Business School

Abstract:

Loading...

20.

Agency Dynamics in Corporate Finance

Annual Review of Financial Economics, Vol. 8, pp. 53-80, 2016
Posted: 18 Nov 2016
Bart M. Lambrecht and Stewart C. Myers
University of Cambridge - Judge Business School and Massachusetts Institute of Technology (MIT)

Abstract:

Loading...

21.

The Impact of Debt Financing on Entry and Exit in a Duopoly

Posted: 20 Apr 2001
Bart M. Lambrecht
University of Cambridge - Judge Business School

Abstract:

Loading...