FRINK Linked Data Fragments server

Matches in SemOpenAlex for { <https://semopenalex.org/work/W2763215740> ?p ?o ?g. }

• W2763215740 endingPage "4314" @default.
• W2763215740 startingPage "4292" @default.
• W2763215740 abstract "Limited external financing creates a hedging motive that distorts resource allocation for investment projects. I study these distortions through a dynamic model with endogenous collateral constraints. The hedging motive can be broken into three components: expected future productivity, leverage capacity, and current net worth. Although constrained firms behave as if averse to transitory fluctuations in net worth, they can endogenously pursue increased exposure to both persistent factors that predict future productivity and fluctuations in credit tightness. The most constrained firms abstain from financial hedging, while still distorting capital-allocation decisions, thereby influencing firm-level volatility. These distortions contribute to a potential explanation for the negative cross-sectional relationship between volatility and net worth. This paper was accepted by Gustavo Manso, Finance." @default.
• W2763215740 created "2017-10-20" @default.
• W2763215740 creator A5034195758 @default.
• W2763215740 date "2020-09-01" @default.
• W2763215740 modified "2023-10-18" @default.
• W2763215740 title "Capital Budgeting and Risk Taking Under Credit Constraints" @default.
• W2763215740 cites W1583698172 @default.
• W2763215740 cites W1981936924 @default.
• W2763215740 cites W1983181431 @default.
• W2763215740 cites W1984697146 @default.
• W2763215740 cites W1993975514 @default.
• W2763215740 cites W2000313391 @default.
• W2763215740 cites W2005158847 @default.
• W2763215740 cites W2008772969 @default.
• W2763215740 cites W2014339993 @default.
• W2763215740 cites W2022038927 @default.
• W2763215740 cites W2047437177 @default.
• W2763215740 cites W2057955015 @default.
• W2763215740 cites W2094603935 @default.
• W2763215740 cites W2103920048 @default.
• W2763215740 cites W2109391295 @default.
• W2763215740 cites W2129462326 @default.
• W2763215740 cites W2144786831 @default.
• W2763215740 cites W2147051636 @default.
• W2763215740 cites W2162676516 @default.
• W2763215740 cites W2167582075 @default.
• W2763215740 cites W2171228580 @default.
• W2763215740 cites W2527586629 @default.
• W2763215740 cites W2752617332 @default.
• W2763215740 cites W3021945653 @default.
• W2763215740 cites W3121150545 @default.
• W2763215740 cites W3121173810 @default.
• W2763215740 cites W3121216672 @default.
• W2763215740 cites W3121515033 @default.
• W2763215740 cites W3121563930 @default.
• W2763215740 cites W3121606885 @default.
• W2763215740 cites W3121739344 @default.
• W2763215740 cites W3121881664 @default.
• W2763215740 cites W3122035694 @default.
• W2763215740 cites W3122151187 @default.
• W2763215740 cites W3122378290 @default.
• W2763215740 cites W3122869257 @default.
• W2763215740 cites W3123703631 @default.
• W2763215740 cites W3124532196 @default.
• W2763215740 cites W3125338072 @default.
• W2763215740 cites W3125496211 @default.
• W2763215740 cites W3126003387 @default.
• W2763215740 cites W3126118018 @default.
• W2763215740 cites W3126127371 @default.
• W2763215740 cites W4211116874 @default.
• W2763215740 cites W4231007639 @default.
• W2763215740 cites W4232175246 @default.
• W2763215740 cites W4236584637 @default.
• W2763215740 doi "https://doi.org/10.1287/mnsc.2019.3369" @default.
• W2763215740 hasPublicationYear "2020" @default.
• W2763215740 type Work @default.
• W2763215740 sameAs 2763215740 @default.
• W2763215740 citedByCount "3" @default.
• W2763215740 countsByYear W27632157402022 @default.
• W2763215740 countsByYear W27632157402023 @default.
• W2763215740 crossrefType "journal-article" @default.
• W2763215740 hasAuthorship W2763215740A5034195758 @default.
• W2763215740 hasBestOaLocation W27632157402 @default.
• W2763215740 hasConcept C10138342 @default.
• W2763215740 hasConcept C119857082 @default.
• W2763215740 hasConcept C120527767 @default.
• W2763215740 hasConcept C138142054 @default.
• W2763215740 hasConcept C139719470 @default.
• W2763215740 hasConcept C143910263 @default.
• W2763215740 hasConcept C149933338 @default.
• W2763215740 hasConcept C153083717 @default.
• W2763215740 hasConcept C162324750 @default.
• W2763215740 hasConcept C175444787 @default.
• W2763215740 hasConcept C17744445 @default.
• W2763215740 hasConcept C181622380 @default.
• W2763215740 hasConcept C199539241 @default.
• W2763215740 hasConcept C204983608 @default.
• W2763215740 hasConcept C23922673 @default.
• W2763215740 hasConcept C27548731 @default.
• W2763215740 hasConcept C2777910564 @default.
• W2763215740 hasConcept C2778661386 @default.
• W2763215740 hasConcept C2778770122 @default.
• W2763215740 hasConcept C2985497776 @default.
• W2763215740 hasConcept C41008148 @default.
• W2763215740 hasConcept C556758197 @default.
• W2763215740 hasConcept C91602232 @default.
• W2763215740 hasConcept C94625758 @default.
• W2763215740 hasConceptScore W2763215740C10138342 @default.
• W2763215740 hasConceptScore W2763215740C119857082 @default.
• W2763215740 hasConceptScore W2763215740C120527767 @default.
• W2763215740 hasConceptScore W2763215740C138142054 @default.
• W2763215740 hasConceptScore W2763215740C139719470 @default.
• W2763215740 hasConceptScore W2763215740C143910263 @default.
• W2763215740 hasConceptScore W2763215740C149933338 @default.
• W2763215740 hasConceptScore W2763215740C153083717 @default.
• W2763215740 hasConceptScore W2763215740C162324750 @default.
• W2763215740 hasConceptScore W2763215740C175444787 @default.
• W2763215740 hasConceptScore W2763215740C17744445 @default.

• next