Competition and the Cost of Debt

By Philip Valta. 2012

630 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/647b8f296e64047879abe07afe60410bdb4bd7c6

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Citations in the corpus

Economic policy uncertainty and banks’ loan pricing (2019, background): “Page 6 of 37 of banks’ loan interest rates (Asquith et al. 2005; Qian & Strahan 2007; Hasan et al. 2012; Valta 2012; Waisman 2013; Ge et al. 2017; Hasan et al. 2017a; Hasan et al. 2017b; Huang et al. 2018).”
Are US Industries Becoming More Concentrated?* (2019, neutral): “, Andrade, Mitchell, and Stafford (2001), Irvine and Pontiff (2009), and Fresard and Valta (2014)).”
Product market competition and conditional conservatism (2014, neutral): “11 Beaver and Ryan (2009) show that conservatism is overestimated in the presence of debt, suggesting an additional reason to control for leverage.”
Can Innovation Help U.S. Manufacturing Firms Escape Import Competition from China? (2015, neutral): “…effect of trade shocks on various dimensions of firm performance such as output and survival (Bernard, Jensen, and Schott (2006)), cost of debt (Valta (2012)), leverage (Xu (2012)), capital expenditure (Frésard and Valta (2016)), and employment and outsourcing (Pierce and Schott (2016)).”
Social Capital and Debt Contracting: Evidence from Bank Loans and Public Bonds (2017, neutral): “The characteristics of the loans in our sample are in the range of those reported by Valta (2012) and Hasan et al. (2014).”
Product market competition and debt choice (2018, methodology): “We begin by testing the role of exposure to competition given that it captures the risk due to firms’ inability to cope with the competitive pressures (Valta, 2012; Li and Zhan, 2016).”
Shareholder Litigation Rights and the Cost of Debt: Evidence from Derivative Lawsuits (2018, neutral): “Weiss and Beckerman (1995) and Cheng, Huang, Li, and Lobo (2010) find institutional are more likely serve as the lead plaintiff.”
Customer Concentration Risk and the Cost of Equity Capital (2016, methodology): “In columns 1-3, we use a set of control variables similar to Valta (2012).”