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The Effects of a Firm's Investment and Financing Decisions on the Welfare of Its Security Holders

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  • Fama, Eugene F

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  • Fama, Eugene F, 1978. "The Effects of a Firm's Investment and Financing Decisions on the Welfare of Its Security Holders," American Economic Review, American Economic Association, vol. 68(3), pages 272-284, June.
  • Handle: RePEc:aea:aecrev:v:68:y:1978:i:3:p:272-84
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    Cited by:

    1. Elena Alexandra Nenu & Georgeta Vintilă & Ştefan Cristian Gherghina, 2018. "The Impact of Capital Structure on Risk and Firm Performance: Empirical Evidence for the Bucharest Stock Exchange Listed Companies," International Journal of Financial Studies, MDPI, Open Access Journal, vol. 6(2), pages 1-29, April.
    2. Patrick HERBST & Jens PRUFER, 2016. "Firms, Nonprofits, And Cooperatives: A Theory Of Organizational Choice," Annals of Public and Cooperative Economics, Wiley Blackwell, vol. 87(3), pages 315-343, December.
    3. Gérard Charreaux, 1991. "Structure de propriété, relation d'agence et performance financière," Revue Économique, Programme National Persée, vol. 42(3), pages 521-552.
    4. Miguel Mello Costa, 2018. "An Empirical Analysis of the Maturity of Debt Supply in Uruguay," Documentos de trabajo 2018005, Banco Central del Uruguay.
    5. Georg Wamser, 2014. "The Impact of Thin-Capitalization Rules on External Debt Usage – A Propensity Score Matching Approach," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 76(5), pages 764-781, October.
    6. Ramon Sotelo, 2001. "Foundations of Home Ownership Policy - The Implementation of the Financing of Use as an Independent Finance Level," ERES eres2001_281, European Real Estate Society (ERES).
    7. Goodhart, Charles A & Tsomocos, Dimitrios P & Wang, Xuan (Alex), 2020. "Support for Small Businesses amid COVID-19," CEPR Discussion Papers 15055, C.E.P.R. Discussion Papers.
    8. Thierry Poulain-Rehm & Xavier Lepers, 2012. "Does Employee Ownership Benefit Value Creation? The Case of France (2001–2005)," Post-Print hal-01382074, HAL.
    9. Khanifah Khanifah & Udin Udin & Nor Hadi & Fitri Alfiana, 2020. "Environmental Performance and Firm Value: Testing the Role of Firm Reputation in Emerging Countries," International Journal of Energy Economics and Policy, Econjournals, vol. 10(1), pages 96-103.
    10. Merton, Robert, 1990. "Capital market theory and the pricing of financial securities," Handbook of Monetary Economics, in: B. M. Friedman & F. H. Hahn (ed.),Handbook of Monetary Economics, edition 1, volume 1, chapter 11, pages 497-581, Elsevier.
    11. Thierry Poulain-Rehm & Xavier Lepers, 2013. "Does Employee Ownership Benefit Value Creation? The Case of France (2001–2005)," Journal of Business Ethics, Springer, vol. 112(2), pages 325-340, January.
    12. Picou, Armand & McDaniel, William R. & Rosenberg, Sidney, 1996. "Resolving international agency cost in East/West joint ventures," Global Finance Journal, Elsevier, vol. 7(1), pages 115-127.
    13. Michael Bradbury & Graeme Dean & Frank L. Clarke, 2009. "Incentives for Non‐Disclosure by Corporate Groups," Abacus, Accounting Foundation, University of Sydney, vol. 45(4), pages 429-454, December.
    14. Miguel Mello Costa, 2018. "Determinants of Leverage Maturity Structure of Uruguayan Non-financial Firms," Documentos de trabajo 2018006, Banco Central del Uruguay.
    15. Cecil R. Dipchand & Gordon S. Roberts & Jerry A. Viscione, 1982. "Agency Costs And Captive Finance Subsidiaries In Canada," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 5(2), pages 189-199, June.
    16. Alfonso Herrero de Egaña & Carmen Soria Bravo & Alberto Muñoz Cabanes, 2016. "On the Separability of Real and Financial Decisions," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 22(2), pages 211-224, May.
    17. Tarik AKIN & Abbas MIRAKHOR, 2016. "Efficiency with Rule-Compliance: A Contribution to the Theory of the Firm in Islamic Economics," Journal of Economics and Political Economy, KSP Journals, vol. 3(3), pages 560-574, September.
    18. Krishna Dayal Pandey & Tarak Nath Sahu, 2019. "Debt Financing, Agency Cost and Firm Performance: Evidence from India," Vision, , vol. 23(3), pages 267-274, September.
    19. Adam K. Gehr Jr., 1984. "Financial Structure And Financial Strategy," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 7(1), pages 69-80, March.
    20. Schall, Lawrence D. & Siegel, Andrew F., 2016. "Debt callability and investment incentives," Journal of Corporate Finance, Elsevier, vol. 40(C), pages 315-330.
    21. Dwi Ermayanti Susilo & Grahita Chandrarin & Boge Triatmanto, 2019. "The Importance of Corporate Social Responsibility and Financial Performance for the Value of Banking Companies in Indonesia," International Journal of Economics & Business Administration (IJEBA), International Journal of Economics & Business Administration (IJEBA), vol. 0(2), pages 231-238.

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