Asset specificity and a firm's borrowing ability: an empirical analysis of manufacturing firms
Author
Abstract
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- repec:bla:jfinan:v:43:y:1988:i:3:p:567-91 is not listed on IDEAS
- Bell, Clive, 1988. "Credit markets and interlinked transactions," Handbook of Development Economics, in: Hollis Chenery & T.N. Srinivasan (ed.), Handbook of Development Economics, edition 1, volume 1, chapter 16, pages 763-830, Elsevier.
- Mang, Paul Y., 1998. "Exploiting innovation options: an empirical analysis of R& D-intensive firms," Journal of Economic Behavior & Organization, Elsevier, vol. 35(2), pages 229-242, April.
- Williamson, Oliver E. & Winter, Sidney G. (ed.), 1993. "The Nature of the Firm: Origins, Evolution, and Development," OUP Catalogue, Oxford University Press, number 9780195083569.
- Sidney L. Barton & Paul J. Gordon, 1988. "Corporate strategy and capital structure," Strategic Management Journal, Wiley Blackwell, vol. 9(6), pages 623-632, November.
- S.A. Lippman & R.P. Rumelt, 1982. "Uncertain Imitability: An Analysis of Interfirm Differences in Efficiency under Competition," Bell Journal of Economics, The RAND Corporation, vol. 13(2), pages 418-438, Autumn.
- Richard P. Rumelt, 1991. "How much does industry matter?," Strategic Management Journal, Wiley Blackwell, vol. 12(3), pages 167-185, March.
- Marc Choate, G., 1997. "The governance problem, asset specificity and corporate financing decisions," Journal of Economic Behavior & Organization, Elsevier, vol. 33(1), pages 75-90, May.
- Hart, Oliver, 1995. "Firms, Contracts, and Financial Structure," OUP Catalogue, Oxford University Press, number 9780198288817.
- Jay B. Barney, 1986. "Strategic Factor Markets: Expectations, Luck, and Business Strategy," Management Science, INFORMS, vol. 32(10), pages 1231-1241, October.
- repec:bla:jfinan:v:43:y:1988:i:1:p:1-19 is not listed on IDEAS
- Klein, Benjamin & Crawford, Robert G & Alchian, Armen A, 1978. "Vertical Integration, Appropriable Rents, and the Competitive Contracting Process," Journal of Law and Economics, University of Chicago Press, vol. 21(2), pages 297-326, October.
- Oliver E. Williamson & Scott E. Masten (ed.), 1995. "Transaction Cost Economics," Books, Edward Elgar Publishing, volume 0, number 594.
- Bowman, Rg, 1980. "The Importance Of A Market-Value Measurement Of Debt In Assessing Leverage," Journal of Accounting Research, Wiley Blackwell, vol. 18(1), pages 242-254.
- Anna Grandori, 1997. "Governance Structures, Coordination Mechanisms and Cognitive Models," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 1(1), pages 29-47, March.
- Srinivasan Balakrishnan & Isaac Fox, 1993. "Abstract," Strategic Management Journal, Wiley Blackwell, vol. 14(1), pages 3-16, January.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Claudio A. Piga & Gianfranco Atzeni, 2007.
"R&D Investment, Credit Rationing And Sample Selection,"
Bulletin of Economic Research, Wiley Blackwell, vol. 59(2), pages 149-178, April.
- Gianfranco Atzeni & Claudio Piga, 2005. "R&D investment, Credit Rationing and Sample Selection," Discussion Paper Series 2005_6, Department of Economics, Loughborough University, revised Jun 2005.
- José Ángel Zúñiga-Vicente & César Alonso-Borrego & Francisco J. Forcadell & José I. Galán, 2014.
"Assessing The Effect Of Public Subsidies On Firm R&D Investment: A Survey,"
Journal of Economic Surveys, Wiley Blackwell, vol. 28(1), pages 36-67, February.
- Galán-Zazo, José I. & Forcadell, Francisco Javier & Zúñiga-Vicente, José Ángel, 2012. "Assessing the effect of public subsidies on firm R&D investment : a survey," UC3M Working papers. Economics we1215, Universidad Carlos III de Madrid. Departamento de EconomÃa.
- Fraja, Gianni De & Piga, Claudio A. G., 2004. "Strategic debt in vertical relationships: theory and evidence," Research in Economics, Elsevier, vol. 58(2), pages 103-123, June.
- Alper Duman, 2009. "Comparative Analysis of Organizational Forms in the Software Industry and Legal Services," Working Papers 0903, Izmir University of Economics.
- J Dawson & Neal Knight-Turvey & Andrew Neal & M West, 2004. "The Impact of an Innovative Human Resource Function on Firm Performance: the Moderating Role of Financing Strategy," CEP Discussion Papers dp0630, Centre for Economic Performance, LSE.
- Knight-Turvey, Neal & Neal, Andrew & West, Michael A. & Dawson, Jeremy, 2004. "The impact of an innovative human resource function on firm performance: the moderating role of financing strategy," LSE Research Online Documents on Economics 19962, London School of Economics and Political Science, LSE Library.
- Andrea Bellucci & Ilario Favaretto & Germana Giombini, 2014. "Does Innovation Affect Credit Access? New Empirical Evidence from Italian Small Business Lending," IAW Discussion Papers 104, Institut für Angewandte Wirtschaftsforschung (IAW).
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Srinivasan Balakrishnan & Isaac Fox, 1993. "Abstract," Strategic Management Journal, Wiley Blackwell, vol. 14(1), pages 3-16, January.
- Kim, Jongwook & Mahoney, Joseph T., 2008. "A Strategic Theory of the Firm as a Nexus of Incomplete Contracts: A Property Rights Approach," Working Papers 08-0108, University of Illinois at Urbana-Champaign, College of Business.
- Roger Strange, 2011. "The outsourcing of primary activities: theoretical analysis and propositions," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 15(2), pages 249-269, May.
- Iman Seoudi & Matthias Huehn & Bo Carlsson, 2008. "Penrose Revisited: A Re-Appraisal of the Resource Perspective," Working Papers 14, The German University in Cairo, Faculty of Management Technology.
- Eriksen, Bo & Knudsen, Thorbjorn, 2003. "Industry and firm level interaction: Implications for profitability," Journal of Business Research, Elsevier, vol. 56(3), pages 191-199, March.
- Richard N. Langlois & Nicolai J. Foss, 1999.
"Capabilities and Governance: The Rebirth of Production in the Theory of Economic Organization,"
Kyklos, Wiley Blackwell, vol. 52(2), pages 201-218, May.
- Richard N. Langlois & Nicolai J. Foss, 1996. "Capabilities and Governance the Rebirth of Production in the Theory of Economic Organization," Working papers 1996-02, University of Connecticut, Department of Economics.
- Richard N. Langlois & Nicolai J. Foss, 1997. "Capabilities and Governance the Rebirth of Production in the Theory of Economic Organization," DRUID Working Papers 97-2, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
- Nicolaï Foss & Nils Stieglitz, 2012. "Modern Resource-based Theory(ies)," Chapters, in: Michael Dietrich & Jackie Krafft (ed.), Handbook on the Economics and Theory of the Firm, chapter 20, Edward Elgar Publishing.
- Volker Mahnke, 2001. "The Process of Vertical Dis-Integration: An Evolutionary Perspective on Outsourcing," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 5(3), pages 353-379, September.
- Sharma, Sunil, 2015. "Relevance of Resource Based View Themes for Capability Evolution," IIMA Working Papers WP2015-03-30, Indian Institute of Management Ahmedabad, Research and Publication Department.
- J. W. Stoelhorst, 2023. "Value, rent, and profit: A stakeholder resource‐based theory," Strategic Management Journal, Wiley Blackwell, vol. 44(6), pages 1488-1513, June.
- M'Hand Farès & Stéphane Saussier, 2002.
"Coûts de transaction et contrats incomplets,"
Revue Française d'Économie, Programme National Persée, vol. 16(3), pages 193-230.
- M'Hand Fares & Stéphane Saussier, 2002. "Coûts de transaction et contrats incomplets," Post-Print hal-02494058, HAL.
- James H. Love, 2010. "Opportunism, Hold-Up and the (Contractual) Theory of the Firm," Journal of Institutional and Theoretical Economics (JITE), Mohr Siebeck, Tübingen, vol. 166(3), pages 479-501, September.
- Saptarshi Purkayastha, 2013. "Diversification Strategy and Firm Performance: Evidence from Indian Manufacturing Firms," Global Business Review, International Management Institute, vol. 14(1), pages 1-23, February.
- David Gaddis Ross, 2014. "An Agency Theory of the Division of Managerial Labor," Organization Science, INFORMS, vol. 25(2), pages 494-508, April.
- Moses Acquaah & Tailan Chi, 2007. "A longitudinal analysis of the impact of firm resources and industry characteristics on firm-specific profitability," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 11(3), pages 179-213, September.
- Egon Franck & Stephan Nüesch & Jan Pieper, 2011.
"Specific Human Capital as a Source of Superior Team Performance,"
Schmalenbach Business Review (sbr), LMU Munich School of Management, vol. 63(4), pages 376-392, October.
- Egon Franck & Stephan Nüesch & Jan Pieper, 2009. "Specific Human Capital as a Source of Superior Team Performance," Working Papers 0030, University of Zurich, Center for Research in Sports Administration (CRSA).
- Egon Franck & Stephan Nüesch & Jan Pieper, 2009. "Specific Human Capital as a Source of Superior Team Performance," Working Papers 0113, University of Zurich, Institute for Strategy and Business Economics (ISU).
- Jongwook Kim & Joseph T. Mahoney, 2002. "Resource-based and property rights perspectives on value creation: the case of oil field unitization," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 23(4-5), pages 225-245.
- Aseem Kaul, 2013. "Entrepreneurial Action, Unique Assets, and Appropriation Risk: Firms as a Means of Appropriating Profit from Capability Creation," Organization Science, INFORMS, vol. 24(6), pages 1765-1781, December.
- Magnus Talberg & Christian Winge & Stein Frydenberg & Sjur Westgaard, 2008. "Capital Structure Across Industries," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 15(2), pages 181-200.
- Kirsten Foss & Nicolai J. Foss, "undated".
"Creating, Capturing and Protecting Value: A Property Rights-based View of Competitive Strategy,"
IVS/CBS Working Papers
2002-03, Department of Industrial Economics and Strategy, Copenhagen Business School.
- Kirsten Foss & Nicolai J. Foss, 2002. "Creating, Capturing and Protecting Value A Property Rights-based View of CompetitiveStrategy," DRUID Working Papers 02-02, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:jeborg:v:45:y:2001:i:1:p:69-81. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/jebo .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.