Financing Frictions and the Substitution between Internal and External Funds

By Heitor Almeida, Murillo Campello. Journal of Financial and Quantitative Analysis, 2010

206 citations recorded by the source corpus.

Subfields: Accounting, Finance

View Paper: https://www.semanticscholar.org/paper/439c011461b9edb40d96cce71757d44649131723

How researchers see this paper

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In Accounting

1. Mike Lemmon
2. Jaime F. Zender
3. Ilya A. Strebulaev
4. Baozhong Yang
5. Murray Z. Frank
6. Vidhan K. Goyal
7. Karin Jõeveer
8. Alexei V. Ovtchinnikov

In Finance

1. Mike Lemmon
2. Jaime F. Zender
3. Maik Schmeling
4. Ilya A. Strebulaev
5. Florian Heider
6. Baozhong Yang
7. Nikolay Halov
8. Byoung-Hyoun Hwang

Citations in the corpus

• Cash Flow Sensitivities and the Allocation of Internal Cash Flow (2014, unknown): “Following Almeida, Campello, and Weisbach (2004) and Almeida and Campello (2010), we exclude firm-years for which the market value of assets is less than $1 million, those displaying asset growth exceeding 100%, and those with annual sales lower than $1 million to minimize the sampling of…”
• Debt Capacity and Tests of Capital Structure Theories (2010, background): “Almeida and Campello (2010) show that most large firms have bond ratings, while most small firms do not, and it is possible that differences in firm size proxy for financing constraints that are unrelated to debt capacity.”