Narrow search
Showing 1 - 10 of 21
Cover Image
Unanticipated interest rates, bank stock returns and the nominal contracting hypothesis
Tarhan, Vefa - In: Journal of banking & finance 11 (1987) 1, pp. 99-115
Persistent link: https://www.econbiz.de/10001028020
Cover Image
Share repurchases and firm performance : new evidence on the agency costs of free cash flow
Nohel, Tom - In: Journal of financial economics 49 (1998) 2, pp. 187-222
Persistent link: https://www.econbiz.de/10001244937
Cover Image
The cross-section of hurdle rates for capital budgeting : an empirical analysis of survey data
Jagannathan, Ravi; Meier, Iwan; Tarhan, Vefa - 2011
"Whereas Poterba and Summers (1995) find that firms use hurdle rates that are unrelated to their CAPM betas, Graham and Harvey (2001) find that 74% of their survey firms use the CAPM for capital budgeting. We provide an explanation for these two apparently contradictory conclusions. We find that...
Persistent link: https://www.econbiz.de/10008859595
Cover Image
Why do firms use high discount rates?
Jagannathan, Ravi; Matsa, David A.; Meier, Iwan; … - In: Journal of financial economics 120 (2016) 3, pp. 445-463
Persistent link: https://www.econbiz.de/10011590104
Cover Image
The impact of liquidity crises on cash flow sensitivities
Drobetz, Wolfgang; Haller, Rebekka; Meier, Iwan; … - In: The quarterly review of economics and finance : journal … 66 (2017), pp. 225-239
Persistent link: https://www.econbiz.de/10011792851
Cover Image
The Cross-Section of Hurdle Rates for Capital Budgeting : An Empirical Analysis of Survey Data
Jagannathan, Ravi - 2011
Whereas Poterba and Summers (1995) find that firms use hurdle rates that are unrelated to their CAPM betas, Graham and Harvey (2001) find that 74% of their survey firms use the CAPM for capital budgeting. We provide an explanation for these two apparently contradictory conclusions. We find that...
Persistent link: https://www.econbiz.de/10013130550
Cover Image
The Cross-Section of Hurdle Rates for Capital Budgeting : An Empirical Analysis of Survey Data
Jagannathan, Ravi - 2011
Whereas Poterba and Summers (1995) find that firms use hurdle rates that are unrelated to their CAPM betas, Graham and Harvey (2001) find that 74% of their survey firms use the CAPM for capital budgeting. We provide an explanation for these two apparently contradictory conclusions. We find that...
Persistent link: https://www.econbiz.de/10012461887
Cover Image
Why Do Firms Use High Discount Rates?
Jagannathan, Ravi - 2015
We find that operational constraints lead firms to use high discount rates that exceed their cost of financial capital, based on an original survey of CFOs with firm identifiers linked to responses. Firms with abundant access to capital but limited qualified management or manpower appear to...
Persistent link: https://www.econbiz.de/10013033945
Cover Image
The new divisia monetary aggregates
Barnett, William A.; Offenbacher, Edward K. Akiva; … - In: The theory of monetary aggregation, (pp. 360-388). 2000
Persistent link: https://www.econbiz.de/10001508718
Cover Image
Bringing new issues to market : a theory of underwriting
Benveniste, Lawrence M.; Spindt, Paul A. - 1988
Persistent link: https://www.econbiz.de/10000947036