Internal versus External Financing: An Optimal Contracting Approach

By Roman Inderst, Holger M. Müller. 2003

136 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/40ee9ff602f7b57edd2c48aea8e998229abb7c68

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. João F. Gomes
2. Hayne E. Leland
3. Dmitry Livdan
4. Ilya A. Strebulaev
5. Zhiguo He
6. Toni M. Whited
7. J. Peña
8. Santiago Forte

In Economics and Econometrics

1. João F. Gomes
2. Hayne E. Leland
3. Dmitry Livdan

In Finance

1. João F. Gomes
2. Hayne E. Leland
3. Dmitry Livdan
4. Ilya A. Strebulaev
5. Zhiguo He
6. J. Peña
7. Santiago Forte

Citations in the corpus

• Financial Synergies and the Optimal Scope of the Firm: Implications for Mergers, Spinoffs, and Structured Finance (2007, background): “Inderst and Müller (2003) assume nonverifiable cash flows and examine investment decisions.”
• Transaction Cost Economics: An Assessment of Empirical Research in the Social Sciences (2006, unknown): “Inderst and Muller (2003) employ TCE logic in an examination of internal and external financial contracting for centralized and decentralized firms.”
• Should Business Groups be Dismantled? The Equilibrium Costs of Efficient Internal Capital Markets (2006, unknown): “monitoring (Stein, 1997), coordination costs (Fluck and Lynch, 1999), free cash flow (Matsusaka and Nanda, 2002; Inderst and Mueller, 2003), and incentive problems (Gautier and Heider, 2003) make conglomerates less desirable.”
• Optimal Diversification: Reconciling Theory and Evidence (2004, background): “This endogenous relation between productivity and diversification is also present in Maksimovic and Phillips (2002) and Inderst and Muller (2003).”