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

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  • Centre for Economic Policy Research (CEPR)

SCHOLARLY PAPERS

21

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10,539

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197

CROSSREF CITATIONS

110

Scholarly Papers (21)

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1.

The Timing and Terms of Mergers Motivated by Economies of Scale

Downloads 1,617 (19,632)
Citation 36

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 1,617 (19,293)
Citation 36

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The Timing and Terms of Mergers Motivated by Economies of Scale

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

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2.

A Theory of Income Smoothing When Insiders Know More than Outsiders

Downloads 1,298 (27,261)
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 820 (51,587)
Citation 1

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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 249 (210,214)

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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 188 (274,126)

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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 39 (746,313)
Citation 7

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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 2 (1,084,282)
Citation 3
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accounting quality, asymmetric information, measurement error, payout policy, under-investment

3.

A Theory of Takeovers and Disinvestment

Downloads 1,256 (28,670)
Citation 29

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 1,139 (32,541)
Citation 1

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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 117 (404,632)
Citation 5

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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 1,159 (32,230)
Citation 5

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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 1,015 (38,897)
Citation 7

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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 844 (50,249)
Citation 14

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investment policy, financing policy, debt, agency

7.

A Lintner Model of Payout and Managerial Rents

Downloads 671 (68,138)
Citation 23

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 615 (75,105)
Citation 25

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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 56 (637,103)

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8.

The Dynamics of Investment, Payout and Debt

Downloads 554 (86,644)
Citation 14

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 553 (85,824)
Citation 16

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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 1 (1,093,101)
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agency, financing policy, investment, payout

9.

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 470 (105,925)
Citation 6

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household finance, mortgages, loan to value, mortgage type

10.

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

Downloads 444 (113,289)
Citation 4

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 444 (112,110)
Citation 2

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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
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Citation 2
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agency, asset sale, bail-in, bailout, Liquidation

11.

Resolving Tensions between Heterogeneous Investors in a Startup

Number of pages: 47 Posted: 06 Apr 2019 Last Revised: 30 Nov 2023
Shiqi Chen and Bart M. Lambrecht
Lancaster University - Lancaster University Management School and University of Cambridge - Judge Business School
Downloads 419 (121,241)
Citation 1

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investment, payout, startup, risk preferences, group policy

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 309 (169,501)
Citation 9

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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 254 (207,050)
Citation 2

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sourcing, operating flexibility, operating leverage, stock beta

14.

Do Capital Structure Models Square with the Dynamics of Payout?

Downloads 100 (453,763)

Do Capital Structure Models Square with the Dynamics of Payout?

Number of pages: 49 Posted: 03 Jun 2021
Shiqi Chen and Bart M. Lambrecht
Lancaster University - Lancaster University Management School and University of Cambridge - Judge Business School
Downloads 100 (456,997)

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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
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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 69 (563,317)
Citation 3

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

16.

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 54 (636,153)

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17.

The Optimal Size, Financing and Liability of Partnerships

Number of pages: 58 Posted: 30 Nov 2023
Shiqi Chen and Bart M. Lambrecht
Lancaster University - Lancaster University Management School and University of Cambridge - Judge Business School
Downloads 5 (1,034,557)

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

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 1 (1,049,164)
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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

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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)

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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

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