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

By B. Lambrecht. 2001

158 citations recorded by the source corpus.

Subfields: Accounting, Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/2051ed29eb4a87267ce4b618669b2af980b318b9

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Citations in the corpus

A theory of corporate financial decisions with liquidity and solvency concerns (2011, unknown): “Analyses of both oligopoly and competitive equilibria may be worth pursuing (Lambrecht, 2001; Miao, 2005).”
Financing of corporations (2003, unknown): “See also Lambrecht (2001).”
Can managerial discretion explain observed leverage ratios (2001, background): “1 See Leland (1994), Leland and Toft (1996), Fan and Sundaresan (2000), Goldstein, Ju, and Leland (2001), Duffie and Lando (2001), Lambrecht (2001), or FrancËois and Morellec (2004).”
Financing and takeovers (2008, unknown): “Finally, our paper also contributes to the literature that examines the relation between competition and capital structure within contingent claims models by considering the impact of investment opportunities on financing strategies (see Lambrecht, 2001; Miao, 2005; Zhdanov, 2007).”
Dynamic Models and Structural Estimation in Corporate Finance (2012, background): “We are aware of one recent paper that fits loosely into the class of models treated in this section: Lambrecht and Myers (2012). Risk-averse, habit-forming managers maximize their utility, which is a function of rents.”
R&D Investments with Competitive Interactions (2004, background): “Grenadier (1999) and Lambrecht and Perraudin (1999) introduce asymmetric information issues in the competitive exercise of options to invest. In these one-investor-one-option models there are no compound option aspects. Grenadier (1999) shows that asymmetric information can lead to informational cas”
Optimal Capital Structure and Industry Dynamics (2005, unknown): “Assume that default is triggered by the decision of shareholders to cease raising additional equity to meet the coupon payment, as in Mello and Parsons (1992), Leland (1994), Fries et al. (1997), Lambrecht (2001), and Duffie and Lando (2001).”
A Theory of Takeovers and Disinvestment (2007, unknown): “A complete analysis of debt policy is beyond the scope of this paper and is developed in Lambrecht and Myers (2004). Our point here is just to show how debt financing can force efficient closure in the model we have set out.”