Investment and Capital Constraints: Repatriations Under the American Jobs Creation Act
By Michael W. Faulkender, Mitchell A. Petersen. 2012
252 citations recorded by the source corpus.
Subfields: Accounting, Economics and Econometrics
View Paper: https://www.semanticscholar.org/paper/5d775a9aae342d79c0caf80555e08e8590bb42bd
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Accounting
- Edward L. Maydew
- Daniel Saavedra
- Michelle Hanlon
- Terry Shevlin
- Gordon Richardson
- Roman Lanis
- Jennifer Blouin
- Thomas C. Omer
In Economics and Econometrics
- Edward L. Maydew
- Michelle Hanlon
- Daniel Saavedra
- Gordon Richardson
- Roman Lanis
- Terry Shevlin
- Scott D. Dyreng
- Jennifer Blouin
Citations in the corpus
- Precautionary Savings with Risky Assets: When Cash Is Not Cash (2016, unknown): “The large literature on the inability of professional money managers to earn positive abnormal returns after fees (see Fama and French (2010) and references therein), however, makes it unlikely that corporate managers are able to do so.”
- The taxman cometh: Does tax uncertainty affect corporate cash holdings? (2017, background): “To mitigate this concern we follow Foley et al. (2007) and Bates et al.”
- Trade Credit and Industry Dynamics: Evidence from Trucking Firms (2015, unknown): “follow Fazzari et al. (1988), Almeida et al.”
- The Effect of Repatriation Tax Costs on U.S. Multinational Investment (2015, unknown): “In contrast, Faulkender and Petersen (2012) find that only 25% of repatriated cash was used for share repurchases and that financially constrained firms did use repatriated funds to finance domestic investment.”
- Corporate cash holdings: Causes and consequences (2015, unknown): “A comparison of levels of cash held by US public and private firms by Gao et cash on domestic investment when repatriation costs are lowered (e.g. Faulkender and Petersen, 2012) and on foreign investment in the form of acquisitions (Hanlon et al. (2015).”
- Refinancing Risk and Cash Holdings (2013, unknown): “Table X provides the results of empirical tests of this prediction using the basic investment model employed in Faulkender and Petersen (2012).”