Do Stock Prices Influence Corporate Decisions? Evidence from the Technology Bubble

By Murillo Campello, John R. Graham. 2013

230 citations recorded by the source corpus.

Subfields: Accounting, Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/9c217d4ed82469f23d6a6158a3514069b746ac19

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. L. Frésard
2. Thierry Foucault
3. Philip Valta
4. Caroline Flammer
5. Adrien Matray
6. Hamdi Ben-Nasr
7. Abdullah A. Alshwer
8. Sabri Boubaker

In Economics and Econometrics

1. L. Frésard
2. Thierry Foucault
3. Philip Valta
4. Caroline Flammer
5. Walid Saffar
6. Syrine Sassi
7. Sabri Boubaker

In Finance

1. L. Frésard
2. Thierry Foucault
3. Hamdi Ben-Nasr
4. Abdullah A. Alshwer

Citations in the corpus

• The Real Effects of Short-Selling Constraints (2014, unknown): “Yamada (2004), Campello and Graham (2013), Baker, Stein, and Wurgler (2003), Polk and Sapienza (2009), Edmans, Goldstein, and Jiang (2012), Campello, Ribas, and Wang (2010), Hau and Lai (2013)), there is no evidence relating the price impact of shortselling activity on investment.”
• Learning from Peers' Stock Prices and Corporate Investment (2014, background): “rationally herd in their investment decisions (see Scharfstein and Stein (1990), or Devenow and Welch (1996)).”
• Can Managers Use Discretionary Accruals to Ease Financial Constraints? Evidence from Discretionary Accruals Prior to Investment (2013, unknown): “Finally, our paper is related to Campello and Graham (2013), who find that high stock prices can affect corporate financial policies by relaxing financial constraints.”