Industry contagion in loan spreads
By Michael Hertzel, Micah S. Officer. 2012
201 citations recorded by the source corpus.
Subfields: Accounting, Finance
View Paper: https://www.semanticscholar.org/paper/dd54cfe723aa4eb9bc3d6a43349cbd9b013a4c37
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Accounting
- Sudheer Chava
- S. Javadi
- M. Benlemlih
- Abdullah Al Masum
- Edith Ginglinger
- Quentin Moreau
- Michael R. Roberts
- Robert Prilmeier
In Finance
- Sudheer Chava
- S. Javadi
- M. Benlemlih
- Abdullah Al Masum
- Edith Ginglinger
- Quentin Moreau
- Alexander A. Popov
- Ralph De Haas
Citations in the corpus
- Exploring the sources of default clustering (2018, unknown): “However, industry characteristics may be important determinants of the contagion effects induced by a default; see Hertzel et al. (2008), Hertzel & Officer (2012), Jorion & Zhang (2007), Jorion & Zhang (2009), and Lang & Stulz (1992), among others.”
- Climate Risk and Capital Structure (2019, unknown): “As noted by Hertzel and Officer (2012), Dealscan converts nonLIBOR spreads into LIBOR-equivalents, although despite this conversion, spreads tend to be higher for loans tied to non-LIBOR rates.”
- Competition and the Cost of Debt (2012, unknown): “Hoberg and Phillips (2011) use this data and show that these new industry measures are better at explaining the cross-section of firm characteristics.”
- Environmental Externalities and Cost of Capital (2011, background): “Similar to Graham, Li and Qiu (2008), Hertzel and Officer (2011), Chava, Livdan, and Purnanandam (2009), Campello, Lin, Ma, and Zou (2010) I obtain aisd (all-in-spread-drawn) from the Dealscan database.”