Research classified by Journal of Economic Literature (JEL) codes

2006

• Fernandez, Pablo, 2006, "The correct value of tax shields: An analysis of 23 theories," IESE Research Papers, IESE Business School, number D/628, May.
• Fernandez, Pablo & Carabias, Jose M., 2006, "Creación de valor para los accionistas de Telefónica," IESE Research Papers, IESE Business School, number D/635, May.
• Fernandez, Pablo & Carabias, Jose M., 2006, "Creación de valor para los accionistas del Banco Santander," IESE Research Papers, IESE Business School, number D/637, May.
• Fernandez, Pablo & Carabias, Jose M., 2006, "Creación de valor para los accionistas de BBVA," IESE Research Papers, IESE Business School, number D/638, Jun.
• Fernandez, Pablo & Carabias, Jose M., 2006, "Creación de valor para los accionistas del Banco Popular," IESE Research Papers, IESE Business School, number D/639, Jun.
• Fernandez, Pablo & Carabias, Jose M., 2006, "Creación de valor para los accionistas de Iberdrola," IESE Research Papers, IESE Business School, number D/640, Jul.
• Fernandez, Pablo & Carabias, Jose M., 2006, "Creación de valor para los accionistas de Endesa," IESE Research Papers, IESE Business School, number D/641, Jul.
• Fernandez, Pablo & Carabias, Jose M., 2006, "Creación de valor para los accionistas de Unión Fenosa," IESE Research Papers, IESE Business School, number D/642, Jul.
• Fernandez, Pablo & Carabias, Jose M., 2006, "Creación de valor para los accionistas de Repsol," IESE Research Papers, IESE Business School, number D/643, Jul.
• Fernandez, Pablo & Carabias, Jose M., 2006, "Creación de valor para los accionistas de Bankinter," IESE Research Papers, IESE Business School, number D/646, Sep.
• Fernandez, Pablo, 2006, "The equity premium in finance and valuation textbooks," IESE Research Papers, IESE Business School, number D/657, Oct.
• Fernandez, Pablo, 2006, "Descensos memorables en las cotizaciones: Telepizza y Boston Chicken," IESE Research Papers, IESE Business School, number D/660, Dec.
• Fernandez, Pablo, 2006, "A general formula for the WACC: A correction," IESE Research Papers, IESE Business School, number D/663, Dec.
• Becker, Bo & Sivadasan, Jagadeesh, 2006, "The effect of financial development on the investment cash flow relationship: cross-country evidence from Europe," Working Paper Series, European Central Bank, number 689, Oct.
• Champonnois, Sylvain, 2006, "Comparing financial systems: a structural analysis," Working Paper Series, European Central Bank, number 702, Dec.
• Claessens, Stijn & Fan, Joseph P.H. & Lang, Larry H.P., 2006, "The benefits and costs of group affiliation: Evidence from East Asia," Emerging Markets Review, Elsevier, volume 7, issue 1, pages 1-26, March.
• Arslan, Ozgur & Florackis, Chrisostomos & Ozkan, Aydin, 2006, "The role of cash holdings in reducing investment-cash flow sensitivity: Evidence from a financial crisis period in an emerging market," Emerging Markets Review, Elsevier, volume 7, issue 4, pages 320-338, December.
• Campa, Jose Manuel & Fernandes, Nuno, 2006, "Sources of gains from international portfolio diversification," Journal of Empirical Finance, Elsevier, volume 13, issue 4-5, pages 417-443, October.
• Degryse, Hans & de Jong, Abe, 2006, "Investment and internal finance: Asymmetric information or managerial discretion?," International Journal of Industrial Organization, Elsevier, volume 24, issue 1, pages 125-147, January.
• Cooper, Ian A. & Nyborg, Kjell G., 2006, "The value of tax shields IS equal to the present value of tax shields," Journal of Financial Economics, Elsevier, volume 81, issue 1, pages 215-225, July.
• Gilroy, Bernard Michael & Lukas, Elmar, 2006, "The choice between greenfield investment and cross-border acquisition: A real option approach," The Quarterly Review of Economics and Finance, Elsevier, volume 46, issue 3, pages 447-465, July.
• Baum, Christopher F. & Caglayan, Mustafa & Ozkan, Neslihan & Talavera, Oleksandr, 2006, "The impact of macroeconomic uncertainty on non-financial firms' demand for liquidity," Review of Financial Economics, Elsevier, volume 15, issue 4, pages 289-304.
• Carlin, Wendy & Charlton, Andrew & Mayer, Colin, 2006, "Capital markets, ownership and distance," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 19842, Aug.
• Bena, Jan, 2006, "Choice of corporate risk management tools under moral hazard," LSE Research Online Documents on Economics, London School of Economics and Political Science, LSE Library, number 24518, Jun.
• Alfonsina Iona & Leone Leonida & Aydin Ozkan, 2006, "On the Relationship between the Investment-Cashflow Sensitivity and the Degree of Financing Constraints," Discussion Papers, University of Exeter, Department of Economics, number 0609.
• Pavel Körner, 2006, "The determinants of corporate debt maturity structure: evidence from Czech firms," Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, number 2006/27, Oct, revised Oct 2006.
• Xavier Gine & Pamela Jakiela & Dean Karlan & Jonathan Morduch, 2006, "Microfinance games," Framed Field Experiments, The Field Experiments Website, number 00150.
• Carlo Alberto Magni, 2006, "Zelig and the Art of Measuring Excess Profit," Frontiers in Finance and Economics, SKEMA Business School, volume 3, issue 1, pages 103-129, June.
• Franklin Allen & Elena Carletti & Robert Marquez, 2006, "Credit market competition and capital regulation," Finance and Economics Discussion Series, Board of Governors of the Federal Reserve System (U.S.), number 2006-11.
• Jan Bena, 2006, "Choice of Corporate Risk Management Tools under Moral Hazard," FMG Discussion Papers, Financial Markets Group, number dp566, Jun.
• Frédérique Savignac, 2006, "The impact of financial constraints on innovation: evidence from French manufacturing firms," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers), HAL, number halshs-00115717, Apr.
• Roland Gillet & Ariane Szafarz & André Farber, 2006, "A general formula for the WACC," Post-Print, HAL, number hal-03716100.
• Frédérique Savignac, 2006, "The impact of financial constraints on innovation: evidence from French manufacturing firms," Post-Print, HAL, number halshs-00115717, Apr.
• Chiraz Ben Ali & Mireille Gettler Summa, 2006, "La communication financière et la structure de propriété : Le cas français," Post-Print, HAL, number halshs-00558380, May.
• Chiraz Ben Ali & Mireille Gettler Summa, 2006, "La communication financière et la structure de propriété : Le cas français," Post-Print, HAL, number halshs-00558437, May.
• Heintzen, Markus & Kruschwitz, Lutz & Löffler, Andreas & Maiterth, Ralf, 2006, "Die typisierende Berücksichtigung der persönlichen Steuerbelastung des Anteilseigners beim Squeeze-Out," Hannover Economic Papers (HEP), Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät, number dp-346, Aug.
• Lund, Diderik, 2006, "Taxation and systematic risk under decreasing returns to scale," Working Papers, Copenhagen Business School, Department of Economics, number 02-2003, Jun.
• Lund, Diderik, 2006, "Valuation, leverage and the cost of capital in the case of depreciable assets," Working Papers, Copenhagen Business School, Department of Economics, number 03-2003, Aug.
• Ekern, Steinar, 2006, "A Dozen Consistent CAPM-Related Valuation Models - So Why Use the Incorrect One?," Discussion Papers, Norwegian School of Economics, Department of Business and Management Science, number 2006/6, May, revised 25 Apr 2007.

2005

• Obermaier, Robert, 2005, "Unternehmensbewertung, Basiszinssatz und Zinsstruktur: Kapitalmarktorientierte Bestimmung des risikolosen Basiszinssatzes bei nicht-flacher Zinsstruktur," University of Regensburg Working Papers in Business, Economics and Management Information Systems, University of Regensburg, Department of Economics, number 408.
• Andrea Caggese, 2015, "Financing Imperfections and the Investments Decisions of Privately Owned Firms," Working Papers, Barcelona School of Economics, number 265, Sep.
• Grzegorz Pawlina & Luc Renneboog, 2005, "Is Investment‐Cash Flow Sensitivity Caused by Agency Costs or Asymmetric Information? Evidence from the UK," European Financial Management, European Financial Management Association, volume 11, issue 4, pages 483-513, September, DOI: 10.1111/j.1354-7798.2005.00294.x.
• Sara B. Moeller & Frederik P. Schlingemann & René M. Stulz, 2005, "Wealth Destruction on a Massive Scale? A Study of Acquiring‐Firm Returns in the Recent Merger Wave," Journal of Finance, American Finance Association, volume 60, issue 2, pages 757-782, April, DOI: 10.1111/j.1540-6261.2005.00745.x.
• Ulrike Malmendier & Geoffrey Tate, 2005, "CEO Overconfidence and Corporate Investment," Journal of Finance, American Finance Association, volume 60, issue 6, pages 2661-2700, December, DOI: 10.1111/j.1540-6261.2005.00813.x.
• Shin-ichi Fukuda & Munehisa Kasuya & Jouchi Nakajima, 2005, "Bank Health and Investment: An Analysis of Unlisted Companies in Japan," Bank of Japan Working Paper Series, Bank of Japan, number 05-E-5, Apr.
• Junjian Miao & Neng Wang, 2005, "Investment, Consumption and Hedging under Incomplete Markets," Boston University - Department of Economics - Macroeconomics Working Papers Series, Boston University - Department of Economics, number WP2005-011, Oct, revised Sep 2006.
• Guilherme B. Martins & Marcos Eugênio da Silva, 2005, "A Real Option Model with Uncertain, Sequential Investment and with Time to Build," Brazilian Review of Finance, Brazilian Society of Finance, volume 3, issue 2, pages 141-172.
• Axel Gautier & Malika Hamadi, 2005, "Internal Capital Market Efficiency of Belgian Holding Companies," Finance, Presses universitaires de Grenoble, volume 26, issue 2, pages 11-34.
• Andy Cosh & Douglas Cumming & Alan Hughes, 2005, "Outside Entrepreneurial Capital," Working Papers, Centre for Business Research, University of Cambridge, number wp301, Mar.
• José Pablo Dapena, 2005, "Relación entre volatilidad de tasas de crecimiento del producto y volatilidad en el precio del stock de capital y su impacto en el nivel de inversión agregada de la economía," CEMA Working Papers: Serie Documentos de Trabajo., Universidad del CEMA, number 294, Jun.
• Rainer Niemann & Corinna Treisch, 2005, "Group Taxation, Asymmetric Taxation and Cross-Border Investment Incentives in Austria," CESifo Working Paper Series, CESifo, number 1506.
• Shin-ichi Fukuda & Munehisa Kasuya & Jouchi Nakajima, 2005, "Bank Health and Investment: An Analysis of Unlisted Companies in Japan," CARF F-Series, Center for Advanced Research in Finance, Faculty of Economics, The University of Tokyo, number CARF-F-029, Mar.
• Marcel Boyer & M. Martin Boyer & René Garcia, 2005, "The Value of Real and Financial Risk Management," CIRANO Working Papers, CIRANO, number 2005s-38, Dec.
• Claudio Michelacci & Vincenzo Quadrini, 2005, "Borrowing from Employees: Wage Dynamics with Financial Constraints," Working Papers, CEMFI, number wp2005_0501.
• Samuel Mongrut Montalvan & David Wong Cam, 2005, "Un examen empírico de las practicas de presupuesto de capital en el Perú," Estudios Gerenciales, Universidad Icesi.
• Roberto Steiner, 2005, "Desempeño de firmas endeudadas en moneda extranjera ante una devaluación," Coyuntura Económica, Fedesarrollo.
• Ignacio V√©lez-Pareja & Joseph Tham & Viviana Fern√°ndez, 2005, "Adjustment of the WACC with Subsidized Debt in the Presence of Corporate Taxes: the N-Period Case," Proyecciones Financieras y Valoración, Master Consultores, number 1945, Mar.
• Ignacio Velez-Pareja, 2005, "Construction of Cash Flows Revisited," Proyecciones Financieras y Valoración, Master Consultores, number 2196, Jun.
• Ignacio Velez-Pareja & Joseph Tham, 2005, "WACC, Value of Tax Savings and Terminal Value for Growing and Non Growing Perpetuities," Proyecciones Financieras y Valoración, Master Consultores, number 3768, Jul.
• Massa, Massimo & Peyer, Urs & Tong, Zhenxu, 2005, "Limits of Arbitrage and Corporate Financial Policy," CEPR Discussion Papers, Centre for Economic Policy Research, number 4829, Jan.
• Quadrini, Vincenzo & Michelacci, Claudio, 2005, "Financial Markets and Wages," CEPR Discussion Papers, Centre for Economic Policy Research, number 4867, Jan.
• Acharya, Viral & Almeida, Heitor & Campello, Murillo, 2005, "Is Cash Negative Debt? A Hedging Perspective on Corporate Financial Policies," CEPR Discussion Papers, Centre for Economic Policy Research, number 4886, Feb.
• Albuquerque, Rui & Wang, Neng, 2005, "Agency Conflicts, Investment and Asset Pricing," CEPR Discussion Papers, Centre for Economic Policy Research, number 4955, Mar.
• Cooper, Ian & Nyborg, Kjell G., 2005, "The Value of Tax Shields IS Equal to the Present Value of Tax Shields," CEPR Discussion Papers, Centre for Economic Policy Research, number 5182, Aug.
• Inderst, Roman & Mueller, Holger, 2005, "Informed Lending and Security Design," CEPR Discussion Papers, Centre for Economic Policy Research, number 5185, Aug.
• Axel, GAUTIER & Malika, HAMADI, 2005, "Internal Capital Market Efficiency of Belgian Holding Companies," Discussion Papers (ECON - Département des Sciences Economiques), Université catholique de Louvain, Département des Sciences Economiques, number 2004037, Jan.
• Baquero, Guillermo & ter Horst, Jenke & Verbeek, Marno, 2005, "Survival, Look-Ahead Bias, and Persistence in Hedge Fund Performance," Journal of Financial and Quantitative Analysis, Cambridge University Press, volume 40, issue 3, pages 493-517, September.
• Ignacio Vélez-Pareja & Joseph Tham & Viviana Fernández, 2005, "Adjustment of the WACC with Subsidized Debt in the Presence of Corporate Taxes: The N-Period Case," Economic Analysis Working Papers (2002-2010). Atlantic Review of Economics (2011-2016), Colexio de Economistas de A Coruña, Spain and Fundación Una Galicia Moderna, volume 4, pages 1-19, October.
• DEGEORGE, François & DING, Yuan & JEANJEAN, Thomas & STOLOWY, Hervé, 2005, "Does Analyst Following Curb Earnings Management?," HEC Research Papers Series, HEC Paris, number 810, Mar.
• Gottschalg, Oliver & Berg, Achim, 2005, "Understanding value generation in buyouts," HEC Research Papers Series, HEC Paris, number 824, Jan.
• Fernandez, Pablo, 2005, "Reply to "Comment on the value of tax shields is NOT equal to the present value of tax shields"," IESE Research Papers, IESE Business School, number D/579, Jan.
• Fernandez, Pablo & Villanueva, Alvaro, 2005, "Shareholder value creators in the S&P 500: Year 2004," IESE Research Papers, IESE Business School, number D/580, Feb.
• Fernandez, Pablo, 2005, "The value of tax shields is not equal to the present value of tax shields: A correction," IESE Research Papers, IESE Business School, number D/581, Feb.
• Fernandez, Pablo & Villanueva, Alvaro, 2005, "EuroStoxx 50: 1997-2004. Shareholder value creation in Europe," IESE Research Papers, IESE Business School, number D/583, Feb.
• Fernandez, Pablo, 2005, "La prima de riesgo del mercado (market risk premium)," IESE Research Papers, IESE Business School, number D/585, Mar.
• Fernandez, Pablo & Villanueva, Alvaro, 2005, "Rentabilidad y creación de valor para los accionistas de las empresas españolas y del Ibex 35. 1992-2004," IESE Research Papers, IESE Business School, number D/587, Mar.
• Fernandez, Pablo, 2005, "Discounted cash flow valuation methods: Examples of perpetuities, constant growth and general case," IESE Research Papers, IESE Business School, number D/604, Jul.
• Fernandez, Pablo, 2005, "Financial literature about discounted cash flow valuation," IESE Research Papers, IESE Business School, number D/606, Jun.
• Fernandez, Pablo, 2005, "The value of tax shields with a fixed book-value leverage ratio," IESE Research Papers, IESE Business School, number D/612, Oct.
• Fernandez, Pablo, 2005, "The value of tax shields depends only on the net increases of debt," IESE Research Papers, IESE Business School, number D/613, Oct.
• Fernandez, Pablo, 2005, "Valuing companies with a fixed book-value leverage ratio," IESE Research Papers, IESE Business School, number D/614, Nov.
• Han, Bing & Hirshleifer, David & Persons, John, 2005, "Promotion Tournaments and Capital Rationing," Working Paper Series, Ohio State University, Charles A. Dice Center for Research in Financial Economics, number 2005-20, Oct.
• Grenadier, Steven R. & Wang, Neng, 2005, "Investment under Uncertainty and Time-Inconsistent Preferences," Research Papers, Stanford University, Graduate School of Business, number 1899, Jul.
• Pawlina, Grzegorz & Kort, Peter M., 2005, "Investment under uncertainty and policy change," Journal of Economic Dynamics and Control, Elsevier, volume 29, issue 7, pages 1193-1209, July.
• Gilchrist, Simon & Himmelberg, Charles P. & Huberman, Gur, 2005, "Do stock price bubbles influence corporate investment?," Journal of Monetary Economics, Elsevier, volume 52, issue 4, pages 805-827, May.
• Fernandez, Pablo, 2005, "Reply to "Comment on the value of tax shields is NOT equal to the present value of tax shields"," The Quarterly Review of Economics and Finance, Elsevier, volume 45, issue 1, pages 188-192, February.
• Nyman, Ingmar, 2005, "Stock market speculation and managerial myopia," Review of Financial Economics, Elsevier, volume 14, issue 1, pages 61-79.
• Lund, Diderik, 2005, "How to analyze the investment-uncertainty relationship in real option models?," Review of Financial Economics, Elsevier, volume 14, issue 3-4, pages 311-322.
• Nasakkala, Erkka & Fleten, Stein-Erik, 2005, "Flexibility and technology choice in gas fired power plant investments," Review of Financial Economics, Elsevier, volume 14, issue 3-4, pages 371-393.
• Zurita, Felipe, 2005, "Un examen a la tasa de descuento," El Trimestre Económico, Fondo de Cultura Económica, volume 72, issue 286, pages 257-281, abril-jun.
• Julien Hugonnier & Erwan Morellec & Suresh Sundaresan, 2005, "Growth Options in General Equilibrium: Some Asset Pricing Implications," FAME Research Paper Series, International Center for Financial Asset Management and Engineering, number rp138, Mar.
• Alexis Derviz, 2005, "Cross-border Risk Transmission by a Multinational Bank," Working Papers IES, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, number 85, revised 2005.
• Michele Moretto & Chiara D.Alpaos & Cesare Dosi, 2005, "Concession Length and Investment Timing Flexibility," Working Papers, Fondazione Eni Enrico Mattei, number 2005.32, Feb.
• Charles Himmelberg & Alessandra del Boca & Marzio Galeotti & Paola Rota, 2005, "Investment and Time to Plan: A Comparison of Structures vs. Equipment in a Panel of Italian Firms," Working Papers, Fondazione Eni Enrico Mattei, number 2005.54, Apr.
• Monica H. Maestro, Alberto de Miguel, Julio Pindado, 2005, "Frontiers of Financially Constrained and Unconstrained Firms: a New Development in Finance," Frontiers in Finance and Economics, SKEMA Business School, volume 2, issue 2, pages 1-32, December.
• Oscar Gutiérrez, 2005, "The Product Life Cycle and the Real Option of Waiting," Frontiers in Finance and Economics, SKEMA Business School, volume 2, issue 2, pages 79-105, December.
• Christopher F Baum, & Mustafa Caglayan & Neslihan Ozkan & Oleksandr Talavera, 2005, "The Impact of Macroeconomic Uncertainty onNon-Financial Firms’ Demandf or Liquidity," Working Papers, Business School - Economics, University of Glasgow, number 2005_26, Dec.
• Ulrich Hege & Dirk Bergemann, 2005, "The Financing of Innovation: Learning and Stopping," Post-Print, HAL, number hal-00459926.
• Hübl, Lothar & Dreyer, Matthias, 2005, "Vermögensanlage und Vermögensmanagement von Stiftungen," Hannover Economic Papers (HEP), Leibniz Universität Hannover, Wirtschaftswissenschaftliche Fakultät, number dp-325, Jul.
• Bjuggren, Per-Olof & Wiberg, Daniel, 2005, "Industry Specific Effects in Investment Performance and Valuation of Firms - Marginal q in a Stock Market Bubble," Working Paper Series in Economics and Institutions of Innovation, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies, number 45, Dec.
• González, Andrés & Teräsvirta, Timo & van Dijk, Dick & Yang, Yukai, 2005, "Panel Smooth Transition Regression Models," SSE/EFI Working Paper Series in Economics and Finance, Stockholm School of Economics, number 604, Aug, revised 11 Oct 2017.
• Cooper, Ian A. & Nyborg, Kjell G., 2005, "The value of tax shields IS equal to the present value of tax shields," Discussion Papers, Norwegian School of Economics, Department of Business and Management Science, number 2005/14, Dec.
• Cooper, Ian A. & Nyborg, Kjell G., 2005, "Tax-adjusted discount rates with investor taxes and risky debt," Discussion Papers, Norwegian School of Economics, Department of Business and Management Science, number 2005/15, Dec, revised 20 Sep 2007.
• Lund, Diderik, 2005, "An analytical model of required returns to equity under taxation with imperfect loss offset," Memorandum, Oslo University, Department of Economics, number 13/2005, May.
• Oscar Gutiérrez, 2005, "Real options and the Jorgensonian user cost of capital," Investigaciones Economicas, Fundación SEPI, volume 29, issue 3, pages 625-630, September.
• Mamoru Nagano, 2005, "Investment And Export-Led Industrialization: Financial Constraints And Export Promotion Of East Asian Firms," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, volume 30, issue 1, pages 81-93, June.
• Jian Chen & Roger Strange, 2005, "The Determinants of Capital Structure: Evidence from Chinese Listed Companies," Economic Change and Restructuring, Springer, volume 38, issue 1, pages 11-35, March, DOI: 10.1007/s10644-005-4521-7.
• Carlo Magni, 2005, "On Decomposing Net Final Values: Eva, Sva and Shadow Project," Theory and Decision, Springer, volume 59, issue 1, pages 51-95, August, DOI: 10.1007/s11238-005-8631-5.
• Brigitte Godbillon-Camus & Christophe J. GODLEWSKI, 2005, "Gestion du Risque de Crédit dans la Banque : Information Hard, Information Soft et Manipulation," Working Papers of LaRGE Research Center, Laboratoire de Recherche en Gestion et Economie (LaRGE), Université de Strasbourg, number 2005-02.
• Rosarius, Stephan & Wiese, Jörg, 2005, "Erweiterungen zu „Simplified Discounting Rules in Binomial Models“ von Frank Richter," Discussion Papers in Business Administration, University of Munich, Munich School of Management, number 1893, Aug.
• Marie-Claude Beaulieu & Jean-Claude Cosset & Naceur Essaddam, 2005, "Price Political Uncertainty and Stock Market Returns: Evidence from the 1995 Quebec Referendum," Cahiers de recherche, CIRPEE, number 0531.
• Claudio Michelacci & Vincenzo Quadrini, 2005, "Financial Markets and Wages," NBER Working Papers, National Bureau of Economic Research, Inc, number 11050, Jan.
• Joseph Golec & Shantaram Hegde & John A. Vernon, 2005, "Pharmaceutical Stock Price Reactions to Price Constraint Threats and Firm-Level R&D Spending," NBER Working Papers, National Bureau of Economic Research, Inc, number 11229, Mar.
• Viral V. Acharya & Heitor Almeida & Murillo Campello, 2005, "Is Cash Negative Debt? A Hedging Perspective on Corporate Financial Policies," NBER Working Papers, National Bureau of Economic Research, Inc, number 11391, Jun.
• Evgeny Lyandres & Le Sun & Lu Zhang, 2005, "Investment-Based Underperformance Following Seasoned Equity Offerings," NBER Working Papers, National Bureau of Economic Research, Inc, number 11459, Jul.
• Heitor Almeida & Thomas Philippon, 2005, "The Risk-Adjusted Cost of Financial Distress," NBER Working Papers, National Bureau of Economic Research, Inc, number 11685, Oct.
• Lozano, Mª Belén & Restrepo, Juan Pablo, 2005, "El impacto de la liquidez corporativa sobre el valor de las decisiones financieras de la empresa," Working Papers "New Trends on Business Administration". Documentos de Trabajo "Nuevas Tendencias en Dirección de Empresas"., Interuniversity Research Master and Doctorate Program (with a quality mention of ANECA) on "Business Economics", Universities of Valladolid, Burgos, Salamanca and León (Spain). Until 2008, Interuniversity Doctorate Program (with a quality mention of ANECA) “New trends in Business Administration”, Universities of Valladolid, Burgos, and Salamanca (Spain). Master en Investigación y Programa de Docto, number 2005-08, Dec.
• Bista, Raghu, 2005, "Foreign Direct Investment in Nepal," MPRA Paper, University Library of Munich, Germany, number 100194, Mar, revised 29 Mar 2005.
• Ecobici, Nicolae, 2005, "Studiu de caz privind arieratele si inlesnirile la plata obligatiilor bugetare aprobate la nivelul judetului Gorj
  [Study of the arrears and the facility of payment’s overdue debts in Gorj county]," MPRA Paper, University Library of Munich, Germany, number 11232.
• Malagoli, Stefano & Mastroleo, Giovanni & Magni, Carlo Alberto, 2005, "The use of fuzzy logic and expert systems for rating and pricing firms: a new perspective on valuation," MPRA Paper, University Library of Munich, Germany, number 11958, May.
• Magni, Carlo Alberto, 2005, "On decomposing net final values: EVA, SVA, and shadow project," MPRA Paper, University Library of Munich, Germany, number 12357.
• Vélez-Pareja, Ignacio, 2005, "Valoración de flujos de caja en inflación. El caso de la regulación en el Banco Mundial
  [Cash Flow Valuation in an Inflationary World. The Case of World Bank for Regulated Firms]," MPRA Paper, University Library of Munich, Germany, number 12507, Feb, revised 05 Jan 2009.
• Godbillon-Camus, Brigitte & Godlewski, Christophe, 2005, "Credit risk management in banks: Hard information, soft Information and manipulation," MPRA Paper, University Library of Munich, Germany, number 1873, Dec.
• Gilroy, Bernard Michael & Lukas, Elmar, 2005, "The Choice between Greenfield Investment and Cross-border Acquisition: A Real Option Approach," MPRA Paper, University Library of Munich, Germany, number 18819.
• Magni, Carlo Alberto, 2005, "Theoretical Flaws In The Use Of The Capm For Investment Decisions," MPRA Paper, University Library of Munich, Germany, number 6330, Dec, revised Nov 2007.
• Magni, Carlo Alberto, 2005, "Firm Value and the mis-use of the CAPM for valuation and decision making," MPRA Paper, University Library of Munich, Germany, number 6608, Oct.
• Magni, Carlo Alberto, 2005, "Firm Value and the mis-use of the CAPM for valuation and decision making," MPRA Paper, University Library of Munich, Germany, number 7093, Oct.
• Magni, Carlo Alberto, 2005, "Economic profit, NPV, and CAPM: Biases and violations of Modigliani and Miller's Proposition I," MPRA Paper, University Library of Munich, Germany, number 7359, Dec, revised 27 Feb 2008.
• James D. Goodnow & Pavel Vopařil, 2005, "A Classification of International Business Strategies in the Czech Republic: A Longitudinal Analysis of Selected Firms," Prague Economic Papers, Prague University of Economics and Business, volume 2005, issue 4, pages 331-349, DOI: 10.18267/j.pep.269.
• Côme Segretain, 2005, "Typologie des déterminants des primes d’offres publiques et validation empirique à partir des notices d’opération," Revue d'Économie Financière, Programme National Persée, volume 81, issue 4, pages 189-209, DOI: 10.3406/ecofi.2005.4019.
• Ermanno Tortia, 2005, "The accumulation of Capital in Labour-Managed Firms: Divisible Reserves and Bonds," AICCON Working Papers, Associazione Italiana per la Cultura della Cooperazione e del Non Profit, number 23-2005, Nov.
• Aquiles E. G. Kalatzis & Carlos R. Azzoni & Jorge A. Achcar, 2005, "Investment Decisions in Troubled Times: a Bayesian Approach Applied to Brazilian Firms," TD NEREUS, Núcleo de Economia Regional e Urbana da Universidade de São Paulo (NEREUS), number 7-2005.
• Giacinta Cestone & Chiara Fumagalli, 2005, "The Strategic Impact of Resource Flexibility in Business Groups," RAND Journal of Economics, The RAND Corporation, volume 36, issue 1, pages 193-214, Spring.
• Roman Inderst & Christian Laux, 2005, "Incentives in Internal Capital Markets: Capital Constraints, Competition, and Investment Opportunities," RAND Journal of Economics, The RAND Corporation, volume 36, issue 1, pages 215-228, Spring.
• Dirk Bergemann & Ulrigh Hege, 2005, "The Financing of Innovation: Learning and Stopping," RAND Journal of Economics, The RAND Corporation, volume 36, issue 4, pages 719-752, Winter.
• Gunther Friedl, 2005, "Incentive Properties of Residual Income When There is an Option to Wait," Schmalenbach Business Review (sbr), LMU Munich School of Management, volume 57, issue 1, pages 3-21, January.
• André Farber & Roland Gillet & Ariane Szafarz, 2005, "A general formula for the WACC," Working Papers CEB, ULB -- Universite Libre de Bruxelles, number 05-012.RS, Apr.
• Roman Inderst & Holger Müller & Karl Wärneryd, 2005, "Influence costs and hierarchy," Economics of Governance, Springer, volume 6, issue 2, pages 177-197, July, DOI: 10.1007/s10101-004-0084-8.
• Bernhard Schwetzler, 2005, "EBIT-Vollausschüttung und DCF-WACC-Bewertung?," Schmalenbach Journal of Business Research, Springer, volume 57, issue 2, pages 155-162, March, DOI: 10.1007/BF03371631.
• Christian Gaber, 2005, "Bewertung von Fertigerzeugnissen zu Volloder Teilkosten? Ansatz von Forderungen zum Nennwert oder Barwert?," Schmalenbach Journal of Business Research, Springer, volume 57, issue 4, pages 325-352, June, DOI: 10.1007/BF03372769.
• Pawlina, G. & Renneboog, L.D.R., 2005, "Is Investment-Cash Flow Sensitivity Caused by the Agency Costs or Asymmetric Information? Evidence from the UK," Discussion Paper, Tilburg University, Center for Economic Research, number 2005-23.
• George, R. & Kabir, M.R. & Qian, J., 2005, "Is Investment-Cash flow Sensitivity a Good Measure of Financing Constraints? New Evidence from Indian Business Group Firms," Discussion Paper, Tilburg University, Center for Economic Research, number 2005-49.
• Magis, P. & Sbuelz, A., 2005, "The Value of Fighting Irreversible Demise by Softening the Irreversible Cost," Discussion Paper, Tilburg University, Center for Economic Research, number 2005-26.
• Cumming, D. & Johan, S.A., 2005, "Advice and monitoring in venture finance," Discussion Paper, Tilburg University, Tilburg Law and Economic Center, number 2005-003.
• Pawlina, G. & Renneboog, L.D.R., 2005, "Is Investment-Cash Flow Sensitivity Caused by the Agency Costs or Asymmetric Information? Evidence from the UK," Discussion Paper, Tilburg University, Tilburg Law and Economic Center, number 2005-001.
• Cumming, D. & Johan, S.A., 2005, "Provincial preferences in private equity," Discussion Paper, Tilburg University, Tilburg Law and Economic Center, number 2005-004.
• Pawlina, G. & Renneboog, L.D.R., 2005, "Is Investment-Cash Flow Sensitivity Caused by the Agency Costs or Asymmetric Information? Evidence from the UK," Other publications TiSEM, Tilburg University, School of Economics and Management, number 78c48415-0807-434c-bec1-c.
• Pawlina, G. & Renneboog, L.D.R., 2005, "Is Investment-Cash Flow Sensitivity Caused by the Agency Costs or Asymmetric Information? Evidence from the UK," Other publications TiSEM, Tilburg University, School of Economics and Management, number eb760c1c-d719-41f5-a0ef-d.
• Shin-ichi Fukuda & Munehisa Kasuya & Jouchi Nakajima, 2005, "Bank Health and Investment: An Analysis of Unlisted Companies in Japan," CIRJE F-Series, CIRJE, Faculty of Economics, University of Tokyo, number CIRJE-F-330, Mar.
• Claudio Michelacci & Vincenzo Quadrini, 2005, "Borrowing from Employees: Wage Dynamics with Financial Constraints," Journal of the European Economic Association, MIT Press, volume 3, issue 2-3, pages 360-369, 04/05.
• Chiara D'Alpaos & Cesare Dosi & Michele Moretto, 2005, "Concession lenght and investment timing flexibility," Working Papers, University of Brescia, Department of Economics, number ubs0502.
• Andres Gonzalez & Timo Terasvirta & Dick van Dijk, 2005, "Panel Smooth Transition Regression Models," Research Paper Series, Quantitative Finance Research Centre, University of Technology, Sydney, number 165, Aug.
• Ayub Mehar, 2005, "Simultaneous determination of inventories and accounts receivable," Managerial and Decision Economics, John Wiley & Sons, Ltd., volume 26, issue 4, pages 259-269, DOI: 10.1002/mde.1221.
• Diderik Lund, 2005, "How to analyze the investment–uncertainty relationship in real option models?," Review of Financial Economics, John Wiley & Sons, volume 14, issue 3-4, pages 311-322, DOI: 10.1016/j.rfe.2004.10.001.
• Erkka Näsäkkälä & Stein‐Erik Fleten, 2005, "Flexibility and technology choice in gas fired power plant investments," Review of Financial Economics, John Wiley & Sons, volume 14, issue 3-4, pages 371-393, DOI: 10.1016/j.rfe.2005.01.001.
• Svetlana Boyarchenko & Sergei Levendorskii, 2005, "Practical guide to real options in discrete time II," Finance, University Library of Munich, Germany, number 0501014, Jan.
• Ulrich Pape & Stephan Schmidt-Tank, 2005, "Valuing Joint Ventures Using Real Options," Finance, University Library of Munich, Germany, number 0503030, Mar.
• Ignacio Velez-Pareja & Joseph Tham & Viviana Fernandez, 2005, "Adjustment of the WACC with Subsidized Debt in the Presence of Corporate Taxes: the N-Period Case," Finance, University Library of Munich, Germany, number 0504006, Apr.
• Jing Chen, 2005, "Imperfect Market or Imperfect Theory: A Unified Analytical Theory of Production and Capital Structure of Firms," Finance, University Library of Munich, Germany, number 0509009, Sep.
• Svetlana Boyarchenko & Sergei Levendorskii, 2005, "General option exercise rules, with applications to embedded options and monopolistic expansion," Finance, University Library of Munich, Germany, number 0511001, Nov.
• Svetlana Boyarchenko, 2005, "Buridan's Ass and a Menu of Options," Game Theory and Information, University Library of Munich, Germany, number 0501006, Jan, revised 13 Dec 2005.
• Ralph de Haas & Ilko Naaborg, 2005, "Foreign Banks in Transition Economies: Small Business Lending and Internal Capital Markets," International Finance, University Library of Munich, Germany, number 0504004, Apr.
• Svetlana Boyarchenko & Sergei Levendorskii, 2005, "A theory of endogenous time preference, and discounted utility anomalies," Microeconomics, University Library of Munich, Germany, number 0506005, Jun.
• Sanjiv Ranjan Das, 2005, "Working Papers: “Hedge” Funds," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 1, in: H Gifford Fong, "The World Of Hedge Funds Characteristics and Analysis".
• Mila Getmansky & Andrew W. Lo & Shauna X. Mei, 2005, "Sifting Through The Wreckage: Lessons From Recent Hedge-Fund Liquidations," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 2, in: H Gifford Fong, "The World Of Hedge Funds Characteristics and Analysis".
• Harry M. Kat, 2005, "The Dangers Of Mechanical Investment Decision-Making: The Case Of Hedge Funds," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 3, in: H Gifford Fong, "The World Of Hedge Funds Characteristics and Analysis".
• Arik Ben Dor & Ravi Jagannathan & Iwan Meier, 2005, "Understanding Mutual Fund And Hedge Fund Styles Using Return-Based Style Analysis," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 4, in: H Gifford Fong, "The World Of Hedge Funds Characteristics and Analysis".
• Bing Liang, 2005, "ALTERNATIVE INVESTMENTS: CTAs, HEDGE FUNDS, AND FUNDS-OF-FUNDS," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 5, in: H Gifford Fong, "The World Of Hedge Funds Characteristics and Analysis".
• Harry M. Kat, 2005, "Managed Futures And Hedge Funds: A Match Made In Heaven," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 6, in: H Gifford Fong, "The World Of Hedge Funds Characteristics and Analysis".
• Stephen J. Brown & William N. Goetzmann & Bing Liang, 2005, "Fees On Fees In Funds Of Funds," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 7, in: H Gifford Fong, "The World Of Hedge Funds Characteristics and Analysis".
• William Fung & David A. Hsieh, 2005, "Extracting Portable Alphas From Equity Long/Short Hedge Funds," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 8, in: H Gifford Fong, "The World Of Hedge Funds Characteristics and Analysis".
• Milind Sharma, 2005, "AIRAP—ALTERNATIVE RAPMs FOR ALTERNATIVE INVESTMENTS," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 9, in: H Gifford Fong, "The World Of Hedge Funds Characteristics and Analysis".
• Robert C. Merton & Zvi Bodie, 2005, "Design Of Financial Systems: Towards A Synthesis Of Function And Structure," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 1, in: H Gifford Fong, "The World Of Risk Management".
• Thomas S. Y. Ho, 2005, "Asset/Liability Management And Enterprise Risk Management Of An Insurer," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 2, in: H Gifford Fong, "The World Of Risk Management".
• Andrew W. Lo & Constantin Petrov & Martin Wierzbicki, 2005, "It'S 11 Pm—Do You Know Where Your Liquidity Is?: The Mean–Variance–Liquidity Frontier," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 3, in: H Gifford Fong, "The World Of Risk Management".
• Jack L. Treynor, 2005, "Time Diversification," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 4, in: H Gifford Fong, "The World Of Risk Management".
• Richard O. Michaud, 2005, "A Practical Framework For Portfolio Choice," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 5, in: H Gifford Fong, "The World Of Risk Management".
• Sanjiv R. Das & Alistair Sinclair, 2005, "A Markov Chain Monte Carlo Method For Derivative Pricing And Risk Assessment," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 6, in: H Gifford Fong, "The World Of Risk Management".
• Edward Qian & Ronald Hua, 2005, "Active Risk And Information Ratio," World Scientific Book Chapters, World Scientific Publishing Co. Pte. Ltd., chapter 7, in: H Gifford Fong, "The World Of Risk Management".