Philip Valta

University of Bern

SCHOLARLY PAPERS

14

DOWNLOADS
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SSRN RANKINGS

Top 11,978

in Total Papers Downloads

7,685

SSRN CITATIONS
Rank 4,142

SSRN RANKINGS

Top 4,142

in Total Papers Citations

445

CROSSREF CITATIONS

6

Scholarly Papers (14)

1.

How Does Corporate Investment Respond to Increased Entry Threat?

Number of pages: 59 Posted: 16 Mar 2012 Last Revised: 29 Oct 2015
Laurent Frésard and Philip Valta
Universita della Svizzera italiana (USI Lugano) and University of Bern
Downloads 1,529 (23,683)
Citation 26

Abstract:

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Corporate investment, Entry Threat, Strategic Interactions, Market Structures

2.

Financing Investment: The Choice between Bonds and Bank Loans

HEC Paris Research Paper No. FIN-2013-1010, Swiss Finance Institute Research Paper No. 14-04
Number of pages: 48 Posted: 18 Oct 2012 Last Revised: 16 May 2014
Erwan Morellec, Philip Valta and Alexei Zhdanov
Ecole Polytechnique Fédérale de Lausanne, University of Bern and Pennsylvania State University
Downloads 1,129 (36,877)
Citation 12

Abstract:

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debt structure, capital structure, investment, credit supply, competition

3.

Industry Asset Revaluations around Public and Private Acquisitions

Number of pages: 61 Posted: 01 May 2017 Last Revised: 09 Nov 2021
HEC Paris - Finance Department, Universita della Svizzera italiana (USI Lugano), HEC Paris (Groupe HEC), Finance Department and University of Bern
Downloads 891 (51,532)
Citation 2

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Merger & acquisitions; Information; Revaluation; Stock returns; Peers; Misvaluation

4.
Downloads 844 (55,492)
Citation 149

Competition and the Cost of Debt

Journal of Financial Economics 105, 661-682, 2012
Number of pages: 59 Posted: 23 Oct 2009 Last Revised: 06 May 2013
Philip Valta
University of Bern
Downloads 698 (70,339)
Citation 7

Abstract:

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Product Market Competition, Financing Costs, Debt Financing, Financial Contracts

Competition and the Cost of Debt

Number of pages: 39 Posted: 15 Mar 2011
Philip Valta
University of Bern
Downloads 146 (375,979)
Citation 118

Abstract:

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Product Market Competition, Financing Costs, Debt Financing, Financial Contracts, Industry Structure

5.

Understanding Cash Flow Risk

Swiss Finance Institute Research Paper No. 18-21
Number of pages: 90 Posted: 26 Jun 2017 Last Revised: 15 Jul 2021
Erasmus University Rotterdam (EUR) - Erasmus School of Economics (ESE), Università della Svizzera italiana (USI Lugano), Ecole Polytechnique Fédérale de Lausanne, EDHEC Business School and University of Bern
Downloads 756 (64,364)
Citation 8

Abstract:

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cash flow risk, permanent and transitory shocks, liquidity management

6.

Self-funding of Political Campaigns

HEC Paris Research Paper No. FIN-2016-1165
Number of pages: 65 Posted: 05 Jul 2016 Last Revised: 18 Nov 2021
Alexei V. Ovtchinnikov and Philip Valta
HEC Paris - Finance Department and University of Bern
Downloads 619 (83,016)
Citation 3

Abstract:

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Campaign self-funding; Voting behavior; Political campaigns; Incentives

7.

Debt Enforcement, Investment, and Risk Taking Across Countries

Journal of Financial Economics (JFE), Forthcoming, Swiss Finance Institute Research Paper No. 13-64
Number of pages: 49 Posted: 10 Jan 2014 Last Revised: 15 Sep 2016
Board of Governors of the Federal Reserve System, Ecole Polytechnique Fédérale de Lausanne, EDHEC Business School and University of Bern
Downloads 609 (84,727)
Citation 11

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Debt renegotiation, Default; Investment , Asset sales, Risk-taking

8.

Strategic Default, Debt Structure, and Stock Returns

Journal of Financial and Quantitative Analysis (JFQA), Forthcoming
Number of pages: 56 Posted: 06 Mar 2008 Last Revised: 26 Feb 2014
Philip Valta
University of Bern
Downloads 582 (89,761)
Citation 11

Abstract:

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Debt Structure, Debt Renegotiation, Stock Returns

9.

Corporate Contributions to Ballot Measure Campaigns: Real Effects and Valuation

Swiss Finance Institute Research Paper No. 21-23
Number of pages: 63 Posted: 10 Mar 2021 Last Revised: 09 Jul 2024
École Polytechnique Fédérale de Lausanne, HEC Paris - Finance Department and University of Bern
Downloads 260 (222,692)

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Ballot initiatives, Direct democracy, Corporate political contributions, Real effects JEL Codes: G30, G32, D72

10.

What do Market Participants Learn from Share Repurchases? Evidence from a Return Decomposition

Number of pages: 52 Posted: 26 Jul 2021 Last Revised: 06 Jun 2023
Philip Valta and Sascha Jakob
University of Bern and University of Bern
Downloads 183 (309,732)

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Share repurchases, Return Decomposition, Cost of Capital, Buyback Anomaly

11.

How Does Competition Affect Zombie Firms?

Number of pages: 42 Posted: 27 Dec 2022
Marc Brunner, Angela De Martiis and Philip Valta
University of Bern - Institute for Financial Management, University of Bern, Institute for Financial Management and University of Bern
Downloads 172 (327,265)

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D22, E44, G31, G32, G33 Zombie firms, Product market competition, Financial policies

12.

Loan renegotiation and information diffusion: The role of insider trading

Number of pages: 51 Posted: 05 Jun 2023 Last Revised: 03 Apr 2024
Christian Steiner and Philip Valta
University of Bern - Institute for Financial Management and University of Bern
Downloads 109 (469,524)

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Stock returns, Loan renegotiation, Insider trading, Information diffusion

13.

Competition and the Boundaries of the Firm: Evidence from Offshoring

Number of pages: 50
Philip Valta and Tiago Loncan
University of Bern and King’s College London - King's Business School
Downloads 2

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Competition, Offshoring, Outsourcing, Firm boundaries, Cost minimization

14.

Strategic Default and Equity Risk Across Countries

Journal of Finance, 67(6), 2012
Posted: 23 Jul 2010 Last Revised: 28 Nov 2013
HEC University of Lausanne, EDHEC Business School and University of Bern

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Debt Enforcement, Strategic Default, Liquidation Costs, Equity Risk