Liquidity Management and Corporate Investment During a Financial Crisis

By Murillo Campello, Erasmo Giambona, John R. Graham, Campbell R. Harvey. 2011

735 citations recorded by the source corpus.

Subfields: Accounting, Finance

View Paper: https://www.semanticscholar.org/paper/ec67196a8108281ff36fadafab3a7351bf0065ed

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. V. Dang
2. Murillo Campello
3. Heitor Almeida
4. Jarrad Harford
5. R. Duchin
6. Michael S. Weisbach
7. Kai Li
8. Kevin Amess

In Finance

1. C. Borio
2. Hyun Song Shin
3. V. Dang
4. R. Duchin
5. Tobias Adrian
6. Piti Disyatat
7. Mathias Drehmann
8. Murillo Campello

Citations in the corpus

• Precautionary Savings with Risky Assets: When Cash Is Not Cash (2016, positive): “Indeed, this is the most common justification given by managers, as demonstrated by the survey evidence in Lins et al. (2010) and Campello et al. (2011).”
• Corporate Liquidity Management: A Conceptual Framework and Survey (2014, positive): “Campello et al. (2011a) try to gauge the various dimensions of corporate liquidity management during the 2008–2009 Financial Crisis.”
• Individual Investor Perceptions and Behavior During the Financial Crisis (2013, neutral): “institutions), Campello et al. (2011) (corporate investm”
• Aggregate Risk and the Choice between Cash and Lines of Credit (2010, neutral): “of a firm’s financial policy (Lins, Servaes, and Tufano (2007), Campello, Giambona, Graham, and Harvey (2009) ).1 Consistent with the survey evidence, the empirical literature also suggests that the”
• Corporate Debt Maturity and the Real Effects of the 2007 Credit Crisis (2011, methodology): “12 The matching estimator approach has been used by, among others, Villalonga (2004), Malmendier and Tate (2009), and Campello et al. (2010). 13 Imbens (2004) provides an introductory review of the treatment evaluation literature.”
• The Business Cycle, Investor Sentiment, and Costly External Finance (2012, neutral): “Our findings and those in Ivashina and Scharfstein (2010), Campello, Graham, and Harvey (2010), and Campello et al. (2011) suggest that external finance costs do vary over time and have important effects on investment and hiring.”
• The impact of recent financial shocks on the financing and investment policies of UK private firms (2013, background): “There is also evidence thatfinancial institutions' terms and conditions for the issue of credit became tighter (Campello et al., 2011; De Haas & Van Horen, 2009).”