Access Statistics for Jarrad Harford

Author contact details at EconPapers.

Working Paper File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
Conflicts of Interests Among Shareholders: The Case of Corporate Acquisitions 0 1 1 75 0 1 2 231
Financial Flexibility and Corporate Cash PolicyAbstract: Debt capacity creates financial flexibility and collateral-based debt capacity is the least sensitive to cash flow shocks. Using variation in real estate prices as exogenous shocks to corporate financing capacity, we investigate the causal effects of financial flexibility on firms¡¯ cash policies. We find strong evidence that increases in debt capacity lead to smaller corporate cash reserves and declines in the marginal value of cash holdings. We further find that the decrease in cash holdings is more pronounced in firms with higher hedging needs, greater investment opportunities, financial constraints, better corporate governance and lower local real estate price volatility 1 10 34 109 12 36 133 323
Financial vs. Strategic Buyers 0 1 3 29 0 1 3 61
Operating Inflexibility, Profitability and Capital Structure 0 2 9 36 2 8 29 136
Total Working Papers 1 14 47 249 14 46 167 751


Journal Article File Downloads Abstract Views
Last month 3 months 12 months Total Last month 3 months 12 months Total
Bond market access and investment 3 4 12 13 4 9 39 47
Bonus-Driven Repurchases 0 0 1 24 0 1 7 61
CEO Turnover–Performance Sensitivity in Private Firms 0 0 0 17 1 1 10 42
CEO pay cuts and forced turnover: Their causes and consequences 0 0 3 19 1 4 13 94
Corporate Cash Reserves and Acquisitions 1 6 18 388 5 17 50 993
Corporate boards and the leverage and debt maturity choices 1 3 6 8 2 6 18 28
Corporate governance and firm cash holdings in the US 8 17 91 643 19 60 261 1,955
Correlated Order Flow: Pervasiveness, Sources, and Pricing Effects 0 0 0 20 0 0 0 48
Decoupling CEO Wealth and Firm Performance: The Case of Acquiring CEOs 0 3 8 133 1 5 21 389
Determinants of corporate cash policy: Insights from private firms 2 5 22 105 8 15 64 356
Do Private Equity Returns Result from Wealth Transfers and Short-Termism? Evidence from a Comprehensive Sample of Large Buyouts 0 0 0 1 1 1 6 14
Do analysts matter for governance? Evidence from natural experiments 1 5 34 133 6 22 113 579
Do firms have leverage targets? Evidence from acquisitions 0 0 4 151 2 3 13 457
Do insiders time management buyouts and freezeouts to buy undervalued targets? 1 3 4 4 2 17 26 26
Do long-term investors improve corporate decision making? 1 9 22 23 7 25 71 72
Does the director labor market offer ex post settling-up for CEOs? The case of acquisitions 1 3 6 23 4 11 21 107
Financial Flexibility, Risk Management, and Payout Choice 0 1 3 14 0 2 10 59
Foreign Cash: Taxes, Internal Capital Markets, and Agency Problems 0 2 5 11 1 6 14 43
Information asymmetry, information dissemination and the effect of regulation FD on the cost of capital 0 0 4 156 0 3 9 497
Institutional cross-holdings and their effect on acquisition decisions 1 11 25 92 2 24 50 351
Managerial Opportunism? Evidence from Directors' and Officers' Insurance Purchases 0 0 0 46 0 0 1 177
Monitoring: Which institutions matter? 0 5 18 287 3 10 41 697
Motivated monitors: The importance of institutional investors׳ portfolio weights 3 9 29 100 9 30 107 314
Precautionary Savings with Risky Assets: When Cash Is Not Cash 0 0 4 5 2 6 18 30
Refinancing Risk and Cash Holdings 0 1 3 92 4 8 18 285
Takeover bids and target directors' incentives: the impact of a bid on directors' wealth and board seats 2 7 17 183 2 17 43 440
The Importance of Industry Links in Merger Waves 0 4 9 44 1 6 20 205
The Real Effects of Uncertainty on Merger Activity 1 3 6 29 1 4 14 62
The sources of value destruction in acquisitions by entrenched managers 2 14 30 127 6 31 90 396
What drives merger waves? 4 35 141 1,566 17 92 329 3,510
Total Journal Articles 32 150 525 4,457 111 436 1,497 12,334


Statistics updated 2019-07-03