Finance Constraints, Liquidity, and Investment Spending: Theoretical Restrictions and International Evidence

Theory of the firm: Managerial behavior, agency costs and ownership structure

1976 • 62,465 citations

Determinants of corporate borrowing

1977 • 13,054 citations

Credit Rationing in Markets with Imperfect Information.

1981 • 12,689 citations

Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints?

1997 • 5,821 citations

Financing Constraints and Corporate Investment

1988 • 4,857 citations

Agency Costs, Net Worth, and Business Fluctuations.

1989 • 4,683 citations

Tobin's Marginal q and Average q: A Neoclassical Interpretation

1982 • 2,664 citations

Corporate Structure, Liquidity, and Investment: Evidence from Japanese Industrial Groups

1991 • 2,492 citations

Screening vs. Rationing in Credit Markets with Imperfect Information

1985 • 1,475 citations

Evidence on the role of cash flow for investment

1995 • 1,183 citations

Too Much Investment: A Problem of Asymmetric Information

1987 • 906 citations

Business Fixed Investment Spending: Modeling Strategies, Empirical Results, and Policy Implications

1993 • 901 citations

The Role of Credit Market Imperfections in the Monetary Transmission Mechanism: Arguments and Evidence

1993 • 719 citations

Asymmetric Information, Corporate Finance, and Investment

1990 • 657 citations

Financial Structure and Aggregate Economic Activity: An Overview

1988 • 404 citations

Principles of Corporate Finance

1940 • 358 citations

Asymmetric Information, Liquidity Constraints, and Canadian Investment

1993 • 313 citations

The Loan Market, Collateral, and Rates of Interest

1976 • 290 citations

Capital-Market Imperfections and Investment

1997 • 285 citations

The Relation Between Firm Growth and Q with Multiple Capital Goods: Theory and Evidence from Panel Data on Japanese Firms

1991 • 278 citations

Internal Finance and Firm Investment

1995 • 273 citations

Firm Heterogeneity, Internal Finance, and `Credit Rationing'

1990 • 257 citations

Can Bank Health Affect Investment? Evidence from Japan

1999 • 194 citations

The Costs of Conflict Resolution and Financial Distress: Evidence from the Texaco-Pennzoil Litigation

1988 • 192 citations

Business fixed investment spending: a critical survey of modeling strategies, empirical results, and policy implications

1992 • 172 citations

The Costs of Rejecting Universal Banking: American Finance in the German Mirror, 1870-1914

1995 • 87 citations

Corporate finance side of the Q theory of investment

1985 • 85 citations

Financing Constraints and Corporate Investment: Response to Kaplan and Zingales

1996 • 73 citations

The investment and financing decisions of liquidity constrained firms

1995 • 47 citations

Liquidity and Business Investment: Evidence from Dutch Panel Data

1992 • 45 citations

Financial Factors in Business Fluctuations

1988 • 43 citations

Financial Market Volatility

2015 • 41 citations

Tobin's q, investment, and the endogenous adjustment of financial structure

1989 • 33 citations

Financial market volatility

1996 • 32 citations

Liquidity and business investment: Evidence from dutch panel data

1994 • 27 citations

Banking relationships, financial constraints, and investment: are bank- dependent borrowers more financially constrained?

1996 • 24 citations