Friends with Money

By Joseph E. Engelberg, Pengjie Gao, Christopher A. Parsons. 2012

513 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/a6b15f82bf4508d80dee8eefde6f8a46cbdf4966

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Citations in the corpus

Social Capital, Investments and External Financing (2015, unknown): “example, recent studies such as Engelberg et al. (2013), Larker et al. (2013) and Fracassi (2014)”
Underwriter Networks, Investor Attention, and Initial Public Offerings (2016, unknown): “See also a related paper by Gao and Ritter (2004), who analyze the effects of marketing efforts by underwriters in seasoned equity offerings.”
Boardroom Centrality and Firm Performance (2013, unknown): “…network studies focus on interpersonal relationships between specific agents within an isolated context, such as between a firm and a lender in determining credit terms or a manager and a security analyst in determining analyst recommendations (e.g., Engelberg et al., 2012; Cohen et al., 2010).”
Political Connections and Allocative Distortions (2015, unknown): “…2007), peer effects (Sacerdote 2001; Lerner and Malmendier 2013; Shue 2013; Fracassi 2014), information flow (Bandiera and Rasul 2006; Conley and Udry 2010; Cohen et al. 2010; Engelberg et al. 2012; Duchin and Sosyura 2013), taste-based discrimination (Hwang and Kim 2009; Haselmann et al. 2017).”
It’s who you know that counts: Board connectedness and CSR performance (2020, unknown): “Prior literature documents that CEOs can use their network to negotiate with lenders (Engelberg et al., 2012).”
Social Capital and Debt Contracting: Evidence from Bank Loans and Public Bonds (2017, unknown): “…of borrowing ﬁrms are very likely infrequent, these results show that the documented negative relations between social capital and the cost of debt are unlikely to be driven by personal relationships and social networks between debt holders and borrowers (Engelberg, Gao, and Parsons (2012)).”
Bridging the Gap: The Design of Bank Loan Contracts and Distance (2015, unknown): “SECTION 3 As part of their study, Engelberg, Gao, and Parsons (2012) analyze loan covenants as a function of personal connections between firm employees and bank employees.”
Do Social Ties between External Auditors and Audit Committee Members Affect Audit Quality (2016, background): “In the context of corporate governance, Engelberg et al. (2012) show that the presence of interpersonal links between firm and bank managers leads to cheaper loan financing; moreover, the connected deal is followed by better future firm performance, suggesting that social networks improve…”
Ethnic matching in the U.S. venture capital market (2015, background): “, 2010), and firms borrow at lower rates (Engelberg et al., 2012).”
CEO network centrality and merger performance (2015, background): “In the context of bank loan negotiations, Engelberg et al. (2012) show that informal ties between a borrower and a lender result in larger loan amounts, lower interest rates, and less restrictive covenants. Cohen et al. (2010) find that sell-side analysts perform better if they share an alma mater w”