Capital investment timing and convertible debt financing
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:59:y:2004:i:1:p:391-405 is not listed on IDEAS
- Lindenberg, Eric B & Ross, Stephen A, 1981. "Tobin's q Ratio and Industrial Organization," The Journal of Business, University of Chicago Press, vol. 54(1), pages 1-32, January.
- Avinash K. Dixit & Robert S. Pindyck, 1994. "Investment under Uncertainty," Economics Books, Princeton University Press, edition 1, number 5474.
- Robert McDonald & Daniel Siegel, 1986. "The Value of Waiting to Invest," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 101(4), pages 707-727.
- Gompers, Paul A, 1995. "Optimal Investment, Monitoring, and the Staging of Venture Capital," Journal of Finance, American Finance Association, vol. 50(5), pages 1461-1489, December.
- Schultz, Paul, 1993. "Unit initial public offerings *1: A form of staged financing," Journal of Financial Economics, Elsevier, vol. 34(2), pages 199-229, October.
- Peter J. DaDalt & Jeffrey R. Donaldson & Jacqueline L. Garner, 2003. "Will Any q Do?," Journal of Financial Research, Southern Finance Association;Southwestern Finance Association, vol. 26(4), pages 535-551, December.
- Sahlman, William A., 1990. "The structure and governance of venture-capital organizations," Journal of Financial Economics, Elsevier, vol. 27(2), pages 473-521, October.
- Francesca Cornelli & Oved Yosha, 2003. "Stage Financing and the Role of Convertible Securities," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 70(1), pages 1-32.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Sarkar, Sudipto & Zhang, Chuanqian, 2015. "Underinvestment and the design of performance-sensitive debt," International Review of Economics & Finance, Elsevier, vol. 37(C), pages 240-253.
- Egami, Masahiko, 2010. "A game options approach to the investment problem with convertible debt financing," Journal of Economic Dynamics and Control, Elsevier, vol. 34(8), pages 1456-1470, August.
- Liu, Yu-hong & Jiang, I-ming, 2012. "Influence of investor subjective judgments in investment decision-making," International Review of Economics & Finance, Elsevier, vol. 24(C), pages 129-142.
- Zormpas, Dimitrios, 2020.
"Investments under vertical relations and agency conflicts: A real options approach,"
International Review of Economics & Finance, Elsevier, vol. 70(C), pages 273-287.
- Dimitrios Zormpas, 2018. "Investments under vertical relations and agency conflicts: a real options approach," 2018 Papers pzo81, Job Market Papers.
- Justyna Franc-Dąbrowska & Magdalena Mądra-Sawicka & Joanna Bereżnicka, 2018. "Cost of Agricultural Business Equity Capital—A Theoretical and Empirical Study for Poland," Economies, MDPI, vol. 6(3), pages 1-15, June.
- Yagi, Kyoko & Takashima, Ryuta, 2012. "The impact of convertible debt financing on investment timing," Economic Modelling, Elsevier, vol. 29(6), pages 2407-2416.
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.- Lukas, Elmar & Mölls, Sascha & Welling, Andreas, 2016. "Venture capital, staged financing and optimal funding policies under uncertainty," European Journal of Operational Research, Elsevier, vol. 250(1), pages 305-313.
- Donia Trabelsi & Baran Siyahhan, 2021. "Startup cash flows and venture capital investments: A real options approach," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(3), pages 737-750, April.
- Blomkvist, Magnus & Korkeamäki, Timo & Takalo, Tuomas, 2022.
"Learning and staged equity financing,"
Journal of Corporate Finance, Elsevier, vol. 74(C).
- Magnus Blomkvist & Timo Korkeamäki & Tuomas Takalo, 2022. "Learning and staged equity financing," Post-Print hal-03676319, HAL.
- Li, Yong, 2008. "Duration analysis of venture capital staging: A real options perspective," Journal of Business Venturing, Elsevier, vol. 23(5), pages 497-512, September.
- Egli, Dominik & Ongena, Steven & Smith, David C., 2006.
"On the sequencing of projects, reputation building, and relationship finance,"
Finance Research Letters, Elsevier, vol. 3(1), pages 23-39, March.
- Egli, D. & Ongena, S. & Smith, D.C., 2001. "On the Sequencing of Projects, Reputation Building and Relationship Finance," Discussion Paper 2001-1, Tilburg University, Center for Economic Research.
- Dominik Egli & Steven Ongena & David C. Smith, 2002. "On the sequencing of projects, reputation building, and relationship finance," International Finance Discussion Papers 718, Board of Governors of the Federal Reserve System (U.S.).
- Egli, D. & Ongena, S. & Smith, D.C., 2001. "On the Sequencing of Projects, Reputation Building and Relationship Finance," Other publications TiSEM e2ae0542-fa14-4e34-b221-0, Tilburg University, School of Economics and Management.
- Tennert, Julius & Lambert, Marie & Burghof, Hans-Peter, 2017. "Moral hazard in VC finance: More expensive than you thought," Hohenheim Discussion Papers in Business, Economics and Social Sciences 02-2017, University of Hohenheim, Faculty of Business, Economics and Social Sciences.
- Li, Yong & Mahoney, Joseph T., 2011. "When are venture capital projects initiated?," Journal of Business Venturing, Elsevier, vol. 26(2), pages 239-254, March.
- Johannes Hörner & Larry Samuelson, 2013.
"Incentives for experimenting agents,"
RAND Journal of Economics, RAND Corporation, vol. 44(4), pages 632-663, December.
- Johannes Horner & Larry Samuelson, 2009. "Incentives for Experimenting Agents," Cowles Foundation Discussion Papers 1726R, Cowles Foundation for Research in Economics, Yale University, revised Feb 2012.
- Johannes Horner & Larry Samuelson, 2009. "Incentives for Experimenting Agents," Cowles Foundation Discussion Papers 1726R3, Cowles Foundation for Research in Economics, Yale University, revised Jun 2013.
- Johannes Horner & Larry Samuelson, 2009. "Incentives for Experimenting Agents," Cowles Foundation Discussion Papers 1726, Cowles Foundation for Research in Economics, Yale University.
- Johannes Horner & Larry Samuelson, 2012. "Incentives for Experimenting Agents," Levine's Working Paper Archive 786969000000000418, David K. Levine.
- Johannes Horner & Larry Samuelson, 2013. "Incentives for Experimenting Agents," Levine's Working Paper Archive 786969000000000671, David K. Levine.
- Johannes Horner & Larry Samuelson, 2009. "Incentives for Experimenting Agents," Cowles Foundation Discussion Papers 1726R2, Cowles Foundation for Research in Economics, Yale University, revised Mar 2013.
- Krohmer, Philipp & Lauterbach, Rainer & Calanog, Victor, 2009. "The bright and dark side of staging: Investment performance and the varying motivations of private equity firms," Journal of Banking & Finance, Elsevier, vol. 33(9), pages 1597-1609, September.
- Christof Beuselinck & Marc Deloof & Sophie Manigart, 2008.
"Private Equity Investments and Disclosure Policy,"
European Accounting Review, Taylor & Francis Journals, vol. 17(4), pages 607-639.
- BEUSELINCK, Christophe & DELOOF, Marc & MANIGART, Sophie, 2004. "Private equity investments and disclosure policy," Working Papers 2004025, University of Antwerp, Faculty of Business and Economics.
- Beuselinck, C. & Deloof, M. & Manigart,S., 2005. "Private equity investments and disclosure policy," Vlerick Leuven Gent Management School Working Paper Series 2005-1, Vlerick Leuven Gent Management School.
- C. Beuselinck & M. Deloof & S. Manigart, 2005. "Private Equity Investments and Disclosure Policy," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 05/287, Ghent University, Faculty of Economics and Business Administration.
- C. Beuselinck & M. Deloof & S. Manigart, 2008. "Private Equity Investments and Disclosure Policy," Post-Print hal-00677526, HAL.
- Hall, Bronwyn H. & Lerner, Josh, 2010.
"The Financing of R&D and Innovation,"
Handbook of the Economics of Innovation, in: Bronwyn H. Hall & Nathan Rosenberg (ed.), Handbook of the Economics of Innovation, edition 1, volume 1, chapter 0, pages 609-639,
Elsevier.
- Bronwyn H. Hall & Josh Lerner, 2009. "The Financing of R&D and Innovation," NBER Working Papers 15325, National Bureau of Economic Research, Inc.
- Hall, Bronwyn H. & Lerner, Josh, 2010. "The Financing of R&D and Innovation," MERIT Working Papers 2010-012, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
- Rodivilov, Alexander, 2022. "Monitoring innovation," Games and Economic Behavior, Elsevier, vol. 135(C), pages 297-326.
- Lanfang Wang & Susheng Wang, 2009. "Convertibles and milestones in staged financing," Journal of Economics and Finance, Springer;Academy of Economics and Finance, vol. 33(2), pages 189-221, April.
- Christof Beuselinck & Marc Deloof & Sophie Manigart, 2009.
"Private Equity Involvement and Earnings Quality,"
Journal of Business Finance & Accounting,
Wiley Blackwell, vol. 36(5‐6), pages 587-615, June.
- Christof Beuselinck & Marc Deloof & Sophie Manigart, 2009. "Private Equity Involvement and Earnings Quality," Journal of Business Finance & Accounting, Wiley Blackwell, vol. 36(5-6), pages 587-615.
- C. Beuselinck & M. Deloof & S. Manigart, 2009. "Private Equity Involvement and Earnings Quality," Post-Print hal-00677522, HAL.
- Alexander Ljungqvist & Matthew Richardson & Daniel Wolfenzon, 2020.
"The investment behavior of buyout funds: Theory and evidence,"
Financial Management, Financial Management Association International, vol. 49(1), pages 3-32, March.
- Alexander Ljungqvist & Matthew Richardson & Daniel Wolfenzon, 2008. "The Investment Behavior of Buyout Funds: Theory and Evidence," NBER Working Papers 14180, National Bureau of Economic Research, Inc.
- Huang, Ying Sophie & Wu, Jiajia & Guo, Feng, 2022. "Venture capital staging under economic policy uncertainty," International Review of Economics & Finance, Elsevier, vol. 78(C), pages 572-596.
- Gebhardt, Georg, 2006. "A Soft Budget Constraint Explanation for the Venture Capital Cycle," Discussion Paper Series of SFB/TR 15 Governance and the Efficiency of Economic Systems 173, Free University of Berlin, Humboldt University of Berlin, University of Bonn, University of Mannheim, University of Munich.
- Dahiya, Sandeep & Ray, Korok, 2012. "Staged investments in entrepreneurial financing," Journal of Corporate Finance, Elsevier, vol. 18(5), pages 1193-1216.
- Joseph Shaanan, 2005. "Investment, irreversibility, and options: An empirical framework," Review of Financial Economics, John Wiley & Sons, vol. 14(3-4), pages 241-254.
- Chittenden, Francis & Derregia, Mohsen, 2015. "Uncertainty, irreversibility and the use of ‘rules of thumb’ in capital budgeting," The British Accounting Review, Elsevier, vol. 47(3), pages 225-236.
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:reveco:v:13:y:2004:i:1:p:75-85. 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/inca/620165 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.