The Financial Implications of Supply Chain Changes

Published Online:https://doi.org/10.1287/mnsc.2015.2159

References

  • Almeida H, Campello M (2007) Financial constraints, asset tangibility, and corporate investment. Rev. Financial Stud. 20(5):1429–1460.CrossrefGoogle Scholar
  • Banerjee S, Dasgupta S, Kim Y (2008) Buyer–supplier relationships and the stakeholder theory of capital structure. J. Finance 63(5):2507–2552.CrossrefGoogle Scholar
  • Bharath ST, Shumway T (2008) Forecasting default with the Merton distance-to-default model. Rev. Financial Stud. 21(3):1339–1369.CrossrefGoogle Scholar
  • Campello M, Lin C, Ma Y, Zou H (2011) The real and financial implications of corporate hedging. J. Finance 66(5):1615–1647.CrossrefGoogle Scholar
  • Cohen L, Frazzini A (2008) Economic links and predictable returns. J. Finance 63(4):1977–2011.CrossrefGoogle Scholar
  • Crosbie P, Bohn J (2003) Modeling Default Risk (Moody’s KMV Company, New York).Google Scholar
  • Demiroglu C, James C (2010) The information content of bank loan covenants. Rev. Financial Stud. 23(10):3700–3737.CrossrefGoogle Scholar
  • Fee CE, Thomas S (2004) Sources of gain in horizontal mergers: Evidence from customers, suppliers, and rival firms. J. Financial Econom. 74(3):423–460.CrossrefGoogle Scholar
  • Fee CE, Hadlock CJ, Thomas S (2006) Corporate equity ownership and the governance of product market relationships. J. Finance 61(3):1217–1251.CrossrefGoogle Scholar
  • Gatigonon H, Anderson E (1988) The multinational corporation’s degree of control over foreign subsidiaries: An empirical test of a transaction cost explanation. J. Law, Econom., Organ. 4(2):305–336.Google Scholar
  • Graham JR, Li S, Qiu J (2008) Corporate misreporting and bank loan contracting. J. Financial Econom. 89(1):44–61.CrossrefGoogle Scholar
  • Harford J, Schonlau R, Stanfield J (2012) Mergers that matter: The value impact of customer-supplier centrality. Working paper, University of Washington, Seattle.Google Scholar
  • Hertzel MG, Officer MS (2012) Industry contagion in loan spreads. J. Financial Econom. 103(3):493–506.CrossrefGoogle Scholar
  • Hertzel MG, Li Z, Officer MS, Rodgers KJ (2008) Inter-firm linkages and the wealth effects of financial distress along the supply chain. J. Financial Econom. 87(2):374–387.CrossrefGoogle Scholar
  • Holmstrom B, Tirole J (1997) Financial intermediation, loanable funds, and the real sector. Quart. J. Econom. 112(3):663–691.CrossrefGoogle Scholar
  • Hu AGZ, Jefferson GH, Jinchang Q (2005) R&D and technology transfer: Firm-level evidence from Chinese industry. Rev. Econom. Statist. 87(4):780–786.CrossrefGoogle Scholar
  • Itzkowitz J (2011) Cash holdings and the characteristics of suppliers. Working paper, Seton Hall University, South Orange, NJ.Google Scholar
  • Jiang W, Li K, Shao P (2010) When shareholders are creditors: Effects of the simultaneous holding of equity and debt by non-commercial banking institutions. Rev. Financial Stud. 23(10):3595–3637.CrossrefGoogle Scholar
  • Jiang W, Li K, Wang W (2012) Hedge funds and Chapter 11. J. Finance 67(2):513–559.CrossrefGoogle Scholar
  • Joskow PL (1987) Contract duration and relationship-specific investments: Empirical evidence from coal markets. Amer. Econom. Rev. 77(1):168–185.Google Scholar
  • Joskow PL (1988) Asset specificity and the structure of vertical relationship: Empirical evidence. J. Law, Econom., Organ. 4(1):95–117.CrossrefGoogle Scholar
  • Kolay M, Lemmon M, Tashjian E (2012) Spillover effects in the supply chain: Evidence from Chapter 11 filings. Working paper, University of Utah, Salt Lake City.Google Scholar
  • Lang LHP, Stulz R (1992) Contagion and competitive intra-industry effects of bankruptcy announcements. J. Financial Econom. 32(1):45–60.CrossrefGoogle Scholar
  • Levy DT (1985) The transactions cost approach to vertical integration: An empirical examination. Rev. Econom. Statist. 67(3):438–455.CrossrefGoogle Scholar
  • Lin C, Ma Y, Malatesta P, Xuan Y (2011) Ownership structure and the cost of corporate borrowing. J. Financial Econom. 100(1):1–23.CrossrefGoogle Scholar
  • Lin C, Ma Y, Malatesta P, Xuan Y (2012) Corporate ownership structure and bank loan syndicate structure. J. Financial Econom. 104(1):1–22.CrossrefGoogle Scholar
  • Macher J, Richman B (2006) Transaction cost economics: An assessment of empirical research in the social sciences. Bus. Politics 10(1):Article 1.CrossrefGoogle Scholar
  • MacKie-Mason JK (1990) Do taxes affect corporate financing decisions? J. Finance 45(5):1471–1493.CrossrefGoogle Scholar
  • Merton RC (1974) On the pricing of corporate debt: The risk structure of interest rates. J. Finance 29(2):449–470.Google Scholar
  • Opler TC, Titman S (1994) Financial distress and corporate performance. J. Finance 49(3):1015–1040.CrossrefGoogle Scholar
  • Rajan R, Winton A (1995) Covenants and collateral as incentives to monitor. J. Finance 50(4):1113–1146.CrossrefGoogle Scholar
  • Saunders A, Steffen S (2011) The costs of being private: Evidence from the loan market. Rev. Financial Stud. 24(12):4091–4122.CrossrefGoogle Scholar
  • Shenoy J, Williams R (2011) Customer-supplier relationships and liquidity management: The joint effects of trade credit and bank lines of credit. Working paper, Tulane University, New Orleans.Google Scholar
  • Titman S (1984) The effect of capital structure on a firm’s liquidation decision. J. Financial Econom. 13(1):137–151.CrossrefGoogle Scholar
INFORMS site uses cookies to store information on your computer. Some are essential to make our site work; Others help us improve the user experience. By using this site, you consent to the placement of these cookies. Please read our Privacy Statement to learn more.