Investment and Financing Constraints: Evidence from the Funding of Corporate Pension Plans
By Joshua D. Rauh. 2006
790 citations recorded by the source corpus.
Subfields: Accounting
View Paper: https://www.semanticscholar.org/paper/6385a6330ef03a7d338ebadb117db0ad02950972
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Accounting
- Murillo Campello
- Heitor Almeida
- John R. Graham
- V. Acharya
- Nemit Shroff
- Toni M. Whited
- Michael W. Faulkender
- Jarrad Harford
Citations in the corpus
- Investment, Financing Constraints, and Internal Capital Markets: Evidence from the Advertising Expenditures of Multinational Firms (2009, positive): “12 Rauh (2006) uses net leverage (debt minus cash) as a sorting criterion.”
- The Effect of Succession Taxes on Family Firm Investment: Evidence from a Natural Experiment (2012, background): “4 For example, Rauh (2006) in a sample of large public US firms estimates the response of capital expenditures to internal financial resources, using required pension contributions as an instrument for internal cash.”
- The Real Effects of Financial Constraints: Evidence from a Financial Crisis (2010, positive): “Rauh (2006) looks at discontinuity-like features of corporate pension funding obligations to establish a link between cash flows and investment.”
- Do Measures of Financial Constraints Measure Financial Constraints (2016, positive): “tax increase, consistent with Saunders and Steffen’s (2011) and Longstaff and Strebulaev’s (2014) claim that these are the most financially constrained.”
- The Real Effects of Share Repurchases (2016, positive): “Following Rauh (2006), we add two common controls in these investment regressions: Q and Cash flow (Panel B).”
- Risk Shifting Versus Risk Management: Investment Policy in Corporate Pension Plans (2009, positive): “Another plausible explanation, not tested here, is that the earnings impact of risky pension investment strategies creates an incentive to invest pension assets in more volatile securities (see Bergstresser, Desai, and Rauh (2006)).”
- Trading Rules, Competition for Order Flow and Market Fragmentation (2015, methodology): “5 RD analysis is used in Rauh (2006), Chava and Roberts (2008), Roberts and Sufi (2009), Iliev (2010), and Bakke and Whited (2012).”
- Financial Constraints and Productivity: Evidence from Euro Area Companies (2018, neutral): “113-23 [35] Rauh, J.”
- The Consequences of Entrepreneurial Finance: Evidence from Angel Financings (2014, background): “Exceptions include Rauh (2006), Chernenko and Sunderam (2009), and Bakke and Whited (2010).”
- Corporate Liquidity Management: A Conceptual Framework and Survey (2014, positive): “This argument can be broadened to include much other research in financial economics, including models relating investment and firm cash flows (see, e.g., Fazzari, Hubbard& Petersen 1988; Kaplan&Zingales 1997; Rauh 2006; Almeida & Campello 2007).”