The theory of corporate finance

By Jean Tirole. 2006

1,919 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/2d52307e56b71ae31af8bb3b347fe6ad56dd48c5

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Citations in the corpus

Informational Holdup and Performance Persistence in Venture Capital (2014, unknown): “This corresponds to ‘passive monitoring’ in Tirole’s (2005) terminology.”
Bank capital (requirements) and credit supply: Evidence from pillar 2 decisions (2016, unknown): “…benefits of debt finance and asymmetric information about banks’ conditions and prospects imply that raising external equity finance may be more costly for banks than debt finance (Tirole (2006), Freixas and Rochet (2008), Hanson et al. (2011), Aiyar et al. (2014a), Gornall and Strebulaev (2013)).”
Staggered Boards and Firm Value, Revisited (2013, unknown): “That is, anticipating that low firm value may trigger shareholder retribution, managers may be induced to underinvest in future profitability or " posture " , i.e., increase shortterm payoffs at the expense of long-term value (Bushee, 1998; Graham, Harvey, and Rajgopal, 2005; Tirole, 2006).”
Research and Development, Cash Flow, Agency and Governance: UK large companies (2012, background): “We term this process the conformity channel of influence from governance to R&D because it is concerned with relieving finance constraints through making companies acceptable to investors (Tirole 2006; Hall and Lerner 2010).”
Proximity and Investment: Evidence from Plant-Level Data (2012, background): “Likewise, moral hazard, which can be alleviated through monitoring, typically leads to underinvestment in equilibrium (e.g., Tirole, 2006, Chapters 3 and 4).”
Supply Chain Contract Design Under Financial Constraints and Bankruptcy Costs (2016, background): “These two types of default costs are discussed in detail in corporate finance literature (see Ang et al. 1982, Tirole 2006), and in the recent operations literature (see Kouvelis and Zhao 2011).”
Tax Biases to Debt Finance: Assessing the Problem, Finding Solutions (2011, background): “Indeed, credit constraints are concentrated among certain firms, most likely small and innovative growth companies with relatively few own assets and large investment opportunities (Tirole, 2006; Keuschnigg and Ribi, 2010).”