The timing of financing decisions: An examination of the correlation in financing waves

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The Real Effects of Uncertainty on Merger Activity (2016, result): “While previous research links increases in merger activity to higher prices and/or returns (RhodesKropf, Robinson and Viswanathan, 2005; Dong et al., 20006; Dittmar and Dittmar, 2008), practitioners do not necessarily see as clear of a relationship.”
Private and Public Merger Waves (2012, unknown): “More recently, Dittmar and Dittmar (2008) and Rau and Souraitis (2008) study wave characteristics of corporate nancing events, including mergers.”
Market Timing, Investment, and Risk Management (2012, unknown): “As Dittmar and Dittmar (2008) point out, this theory of stock repurchases is inconsistent with the evidence on repurchase waves.”
Firm Financing over the Business Cycle (2018, background): “…Gomes (2001) builds a theory to study the e ects of rms' investment and nancing behavior to shed light on the importance of nancial frictions for rms. Macroeconomic shocks are important determinants of rms' capital structure choice (e.g., Korajczyk and Levy (2003) and Dittmar and Dittmar (2008)).”
Can Managers Time the Market? Evidence Using Repurchase Price Data (2015, background): “…(1995, 2000a and b), and Peyer and Vermaelen (2009) present evidence consistent with market timing, while Eckbo, Masulis, and Norli (2000), Schultz (2003), Butler, Grullon, and Weston (2005), and Dittmar and Dittmar (2008) dispute the interpretation of these findings as evidence of market timing.”