The Interdependent and Intertemporal Nature of Financial Decisions: An Application to Cash Flow Sensitivities

By Vladimir A. Gatchev, Todd C. Pulvino, V. Tarhan. 2010

176 citations recorded by the source corpus.

Subfields: Accounting, Finance

View Paper: https://www.semanticscholar.org/paper/4c242ea73e043ca33bd1e65f9987905bf17c9c6f

Citations in the corpus

• Are Financial Constraints Priced? Evidence from Textual Analysis (2018, unknown): “(2001), Whited and Wu (2006), and Gomes et al. (2006), who also explore the impact of financial constraints on stock returns.”
• Corporate Social Responsibility and Firm Debt Maturity (2015, unknown): “This table reports results from estimating a system of equations representing the extent to which investments are financed with various sources of funds (long-term debt, short-term debt, and equity) using the regression framework of Gatchev et al. (2009). We estimate the system of equations using a ”
• The international zero-leverage phenomenon (2013, unknown): “Graham and Harvey’s (2001) survey results indicate that financial flexibility is the most important determinant of corporate capital structure.”
• Endogeneity in CEO power: A survey and experiment (2016, unknown): “Gatchev, Pulvino, and Tarhan (2010) examined a variety of financial decisions based on one-year lagged decisions.”
• Investment and the Weighted Average Cost of Capital (2016, unknown): “(2010) and Gebhardt et al. (2001)(GLS): if earnings are positive, κ is the current dividends divided by current earnings; if earnings are negative, κ is the current dividends divided by 0.”
• Financial flexibility, corporate investment and performance: evidence from financial crises (2013, unknown): “12 Recent studies on the inter-temporal nature of financial decisions (see Gatchev et al. 2010) suggest that the lagged value of investment should be included in Eq.”
• Investment and Cash Flow: New Evidence (2016, unknown): “…with the remainder split fairly evenly between additions to cash holdings ($0.15), reductions in debt ($0.13), share repurchases 1 A recent paper by Gatchev, Pulvino, and Tarhan (2010) takes a step in this direction but, because of how they measure investment, financing, and cashflow, their…”
• Cash Flow Sensitivities and the Allocation of Internal Cash Flow (2014, unknown): “Our sample consists of firms listed in the Compustat Industrial Annual files at any point between 1971 and 2011. We follow Frank and Goyal (2003) and use the flow-of-funds data to define variables in the cash-flow identity.”