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 0 1 75 2 2 3 233
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 0 4 30 114 6 15 120 345
Financial vs. Strategic Buyers 0 1 4 30 3 4 7 65
Operating Inflexibility, Profitability and Capital Structure 1 2 5 38 3 7 23 145
Total Working Papers 1 7 40 257 14 28 153 788


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 0 1 9 14 5 9 38 58
Bonus-Driven Repurchases 0 2 3 27 0 4 14 71
CEO Turnover–Performance Sensitivity in Private Firms 1 1 1 18 1 4 11 46
CEO pay cuts and forced turnover: Their causes and consequences 0 0 1 19 1 3 13 97
Corporate boards and the leverage and debt maturity choices 0 2 7 10 1 5 19 33
Corporate governance and firm cash holdings in the US 13 30 99 687 25 71 255 2,046
Correlated Order Flow: Pervasiveness, Sources, and Pricing Effects 0 1 1 21 1 3 3 51
Decoupling CEO Wealth and Firm Performance: The Case of Acquiring CEOs 0 0 8 134 0 1 22 394
Determinants of corporate cash policy: Insights from private firms 1 3 17 109 8 24 75 384
Do Private Equity Returns Result from Wealth Transfers and Short-Termism? Evidence from a Comprehensive Sample of Large Buyouts 5 5 5 6 6 7 11 21
Do analysts matter for governance? Evidence from natural experiments 1 5 26 138 4 15 93 595
Do firms have leverage targets? Evidence from acquisitions 0 1 3 152 0 3 14 461
Do insiders time management buyouts and freezeouts to buy undervalued targets? 0 0 4 4 3 6 33 33
Do long-term investors improve corporate decision making? 1 5 21 30 2 13 72 88
Does the director labor market offer ex post settling-up for CEOs? The case of acquisitions 0 1 8 26 5 10 33 121
Financial Flexibility, Risk Management, and Payout Choice 1 1 3 15 5 6 14 65
Foreign Cash: Taxes, Internal Capital Markets, and Agency Problems 0 0 2 11 1 4 15 48
Information asymmetry, information dissemination and the effect of regulation FD on the cost of capital 0 1 4 157 4 7 16 505
Institutional cross-holdings and their effect on acquisition decisions 2 7 31 99 5 15 60 368
Monitoring: Which institutions matter? 0 0 18 290 1 4 43 706
Motivated monitors: The importance of institutional investors׳ portfolio weights 1 6 27 107 11 32 126 353
Precautionary Savings with Risky Assets: When Cash Is Not Cash 0 0 4 6 6 11 27 43
Refinancing Risk and Cash Holdings 0 0 3 92 3 8 24 294
Takeover bids and target directors' incentives: the impact of a bid on directors' wealth and board seats 8 13 26 197 14 23 55 465
The Importance of Industry Links in Merger Waves 1 4 12 48 3 7 22 212
The Real Effects of Uncertainty on Merger Activity 0 0 4 29 0 3 17 67
The sources of value destruction in acquisitions by entrenched managers 3 4 30 131 17 25 107 432
What drives merger waves? 10 19 130 1,598 24 50 310 3,587
Total Journal Articles 48 112 507 4,175 156 373 1,542 11,644
2 registered items for which data could not be found


Statistics updated 2019-11-03