期刊文献+

债务期限结构与企业投资行为的关系研究述评 被引量:4

下载PDF
导出
摘要 文章在委托代理和不对称信息理论分析框架下,围绕不同期限的债务对股东—债权人之间的代理冲突和股东—管理者之间的代理冲突的影响,系统地回顾了国内外有关债务期限结构与企业投资行为关系的研究成果,并对该领域的未来研究方向进行了展望。
出处 《会计之友》 北大核心 2010年第5期91-93,共3页 Friends of Accounting
  • 相关文献

参考文献7

  • 1Billett, M. T., King, T. H. D., Mauer, D. C. Growth opportunities and the choice of leverage, debt maturity, and covenants [J]. Journal of Finance,2007,62( 2 ):697-730.
  • 2Scherr, F. C., Hulburt, H. M. The Debt Maturity Structure of Small Firms[J]. Financial Management, 2001,30(1):85-111.
  • 3Cai, K. L., Fairchild, R., Guney, Y. Debt maturity structure of Chinese companies [J]. Pacific-Basin Finance Journal, 2008,16 ( 3 ):268-297.
  • 4Highfield, M. J. On the Maturity of Incremental Corporate Debt Issues [J ]. Quarterly Journal of Finance and Accounting, 2008,47 (2):45-67.
  • 5Childs, P. D., Mauer, D. C., Ott, S. H. Interactions of corporate financing and investment decisions: The effects of agency conflicts [J].Journal of Financial Economics,2005, 76 (3): 667-690.
  • 6童盼.负债期限结构与企业投资规模——来自中国A股上市公司的经验研究[J].经济科学,2005(5):93-101. 被引量:44
  • 7朱磊.负债期限结构对企业投资行为影响的实证研究[J].软科学,2008,22(7):128-133. 被引量:13

二级参考文献26

  • 1童盼,陆正飞.负债融资、负债来源与企业投资行为——来自中国上市公司的经验证据[J].经济研究,2005,40(5):75-84. 被引量:519
  • 2陆正飞,韩霞,常琦.公司长期负债与投资行为关系研究——基于中国上市公司的实证分析[J].管理世界,2006,22(1):120-128. 被引量:96
  • 3Barclay. M. , Smith. C, 1995, "The maturity structure of corporate debt", Journal of Finance, 50, 609-631.
  • 4Barnea Amir, Robert Haugen, Lemma Senbet, 1980, "A rationale for debt maturity structure and call provisions in the agency theoretic framework", Journal of Finance, 35, 1223-1234.
  • 5Guedes Jose, Tim Opler, 1996, "The determinants of the maturity of corporate debt issues", Journal ofFinance, 51, 1809-1833.
  • 6Fazzari Steven M. , R. Glenn Hubbard, Bruce C. Petersen, 1988, "Financing constraints and corporate investment", Brookings Papers on Economic Activity, 193 - 225.
  • 7Heinkel Robert, Josef Zechner, 1990, "The role of debt and preferred stock as a solution to adverse investment incentives", Journal of Financial and Quantitative Analysis, 25, 1-24.
  • 8Hoshi Takeo, Anil Kashyap, David Scharfstein, 1991, "Corporate structure, liquidity, and investment:evidence from Japanese industrial groups", Quarterly Journal of Economics, 106, 33-60.
  • 9Ho, Thomas S. Y. , Ronald F. Singer, 1982, "Bond indenture provisions and the risk of corporate debt",Journal of Financial Economics, 10, 375-406.
  • 10Hubbard R. Glenn, 1998, "Capital-market imperfections and investment", Journal of Economic Literature, 36, 193-225.

同被引文献36

  • 1吴树畅.企业财务政策选择的原则和影响因素[J].财会月刊(下),2006(6):5-6. 被引量:6
  • 2Adel Bino & Elisabeta Pana. Firm Value and Investment Policy Around Stock for Stock Mergers [ J ]. Review of Quantitative Finance and Accounting, Springer, 2011, (37) :207 -221.
  • 3姜付秀.中国上市公司投资行为研究[M].北京:北京大学出版社,2010:15.
  • 4Salter M, W Weinhold. Diversification Through Acquisi- tion: Strategy for Creating Economic Value [ M ]. 1980.
  • 5Myers, S. and Nicholas S. Majluf. Corporate Financing andInvestment Decisions:When Firms Have Information that Investors Do not Have [ J ]. Journal of Financial Econom- ics, 1984, (13) : 187 - 221.
  • 6Narayanan, M. P.. Managerial Incentives for Short - term Results [ J ]. ournal of Finance, 1985, (40) : 1469 - 1484.
  • 7Fazzari, S. , R. Hubbard and B. Petersen. Financing Con- straints and Corporate Investment [ J ]. Brookings Papers on Economic Activity, 1988, ( 1 ) : 141 - 195.
  • 8Kalckreuth U. Exploring the Role of Uncertainty for Cor- porate Investment Decisions in Germany [ P ]. Mimeo Deutsche Bundesbank, Economic Research Center, 2002 : 88 - 96.
  • 9Hovakimian, G. and Titman, S.. Corporate Investment with Financial Constraints: Sensitivity of Investment to Funds from Voluntary Asset Aales [ J ]. Journal of Money Credit and Banking,2006, (38) :357 - 374.
  • 10Jensen, M. C. , and W. H. Meckling. Theory of the Firm: Manageria behavior,Agency Costs and Ownership Struc- ture[ J]. Journal of Financial Economics, 1976, (3) :305 - 360.

引证文献4

二级引证文献1

相关作者

内容加载中请稍等...

相关机构

内容加载中请稍等...

相关主题

内容加载中请稍等...

浏览历史

内容加载中请稍等...
;
使用帮助 返回顶部