Research Output per year
Research Output 2002 2019
2019
Bank lines of credit as contingent liquidity: Covenant violations and their implications
Ippolito, F., Almeida, H., Orive, A. P. & Acharya, V., Jan 1 2019, In : Journal of Financial Intermediation.Research output: Contribution to journal › Article
Violations
Liquidity
Covenant
Credit
Assets
Is it time to get rid of earnings-per-share (EPS)?
Almeida, H., Jan 1 2019, In : Review of Corporate Finance Studies. 8, 1, p. 174-206 33 p.Research output: Contribution to journal › Article
Earnings per share
Empirical evidence
Capital expenditures
Investors
Economic growth
2018
Do Firms Hedge During Distress?
Hankins, K., Williams, R. & Almeida, H., 2018.Research output: Working paper
The Effect of Obamacare on Firm Employment and Performance
Huang, R., Liu, P., Xuan, Y. & Almeida, H., 2018.Research output: Working paper
Why Do Firms Tie Compensation to Earnings-per-share (EPS)?
Cheng, Y. & Almeida, H., 2018.Research output: Working paper
2017
Bank Lines of Credit as Contingent Liquidity: Covenant Violations and Their Implications
Acharya, V. V., Almeida, H., Ippolito, F. & Perez-Orive, A., Oct 16 2017.Research output: Working paper
Violations
Liquidity
Credit
Covenant
Financial health
More Cash, Less Innovation: The Effect of the American Jobs Creation Act on Patent Value
Almeida, H., Hsu, P-H., Li, D. & Tseng, K., Apr 18 2017.Research output: Working paper
Innovation
Cash
Job creation
Patent value
Patents
Risk management with supply contracts
Almeida, H., Hankins, K. W. & Williams, R., Dec 1 2017, In : Review of Financial Studies. 30, 12, p. 4179-4215 37 p.Research output: Contribution to journal › Article
Supply contracts
Obligation
Purchase
Risk management
Steel
The Real Effects of Credit Ratings: The Sovereign Ceiling Channel
Almeida, H., Cunha, I., Ferreira, M. A. & Restrepo, F., Feb 1 2017, In : Journal of Finance. 72, 1, p. 249-290 42 p.Research output: Contribution to journal › Article
Rating
Credit rating
Sovereign ratings
Impairment
Cost of debt
Understanding the Credit Multiplier: The Working Capital Channel
Almeida, H., Carvalho, D. R. & Kim, T., Nov 16 2017.Research output: Working paper
Financing
Multiplier
Credit
Working capital
Economic shocks
2016
Credit Lines and the Liquidity Insurance Channel
Acharya, V. V., Almeida, H., Ippolito, F. & Perez-Orive, A., Jun 15 2016.Research output: Working paper
Liquidity
Credit
Insurance
Loans
Health
The real effects of share repurchases
Almeida, H., Fos, V. & Kronlund, M., Jan 1 2016, In : Journal of Financial Economics. 119, 1, p. 168-185 18 p.Research output: Contribution to journal › Article
Earnings per share
Share repurchases
Repurchase
Analysts
Cash holdings
2015
Assessing the performance of estimators dealing with measurement errors
Almeida, H., Campello, M. & Galvao, A. F., Jan 1 2015, Handbook of Financial Econometrics and Statistics. Springer New York, p. 1563-1617 55 p.Research output: Chapter in Book/Report/Conference proceeding › Chapter
Measurement Error
Estimator
Econometrics
Instrumental Variables
Skewness
Internal Capital Markets in Business Groups: Evidence from the Asian Financial Crisis
Almeida, H., Kim, C. S. & Kim, H. B., Dec 2015, In : Journal of Finance. 70, 6, p. 2539-2586 48 p.Research output: Contribution to journal › Article
Internal capital markets
Business groups
Asian financial crisis
Chaebol
Capital reallocation
Introduction: New perspectives on corporate capital structures
Acharya, V. V., Almeida, H. & Baker, M., Dec 2015, In : Journal of Financial Economics. 118, 3, p. 551-552 2 p.Research output: Contribution to journal › Editorial
Capital structure
2014
Corporate liquidity management: A conceptual framework and survey
Almeida, H., Campello, M., Cunha, I. & Weisbach, M. S., Dec 1 2014, In : Annual Review of Financial Economics. 6, p. 135-162 28 p.Research output: Contribution to journal › Review article
Conceptual framework
Corporate liquidity
Liquidity
Liquidity management
John Maynard Keynes
Credit lines as monitored liquidity insurance: Theory and evidence
Acharya, V., Almeida, H., Ippolito, F. & Perez, A., Jun 2014, In : Journal of Financial Economics. 112, 3, p. 287-319 33 p.Research output: Contribution to journal › Article
Insurance
Liquidity
Credit
Liquidity risk
Corporate bonds
2013
Aggregate risk and the choice between cash and lines of credit
Acharya, V. V., Almeida, H. & Campello, M., Oct 1 2013, In : Journal of Finance. 68, 5, p. 2059-2116 58 p.Research output: Contribution to journal › Article
Cash
Credit
Idiosyncratic risk
Pooling
Maturity
2012
Identifying thresholds for object-oriented software metrics
Ferreira, K. A. M., Bigonha, M. A. S., Bigonha, R. S., Mendes, L. F. O. & Almeida, H. C., 2012, In : Journal of Systems and Software. 85, 2, p. 244 - 257Research output: Contribution to journal › Article
Industry
Experiments
Universal banking - Editors' introduction
Almeida, H., Baer, W. & Campello, M., May 1 2012, In : Quarterly Review of Economics and Finance. 52, 2, 1 p.Research output: Contribution to journal › Editorial
Universal banking
2011
Corporate financial and investment policies when future financing is not frictionless
Almeida, H., Campello, M. & Weisbach, M. S., Jun 1 2011, In : Journal of Corporate Finance. 17, 3, p. 675-693 19 p.Research output: Contribution to journal › Article
Investment policy
Financial policy
Financing
Assets
Leverage
Liquidity mergers
Almeida, H., Campello, M. & Hackbarth, D., Dec 1 2011, In : Journal of Financial Economics. 102, 3, p. 526-558 33 p.Research output: Contribution to journal › Article
Mergers
Liquidity
Industry
Assets
Cash
The structure and formation of business groups: Evidence from Korean chaebols
Almeida, H., Park, S. Y., Subrahmanyam, M. G. & Wolfenzon, D., Feb 1 2011, In : Journal of Financial Economics. 99, 2, p. 447-475 29 p.Research output: Contribution to journal › Article
Business groups
Korean chaebol
Chaebol
Premium
Ownership
2010
Financing frictions and the substitution between internal and external funds
Almeida, H. & Campello, M., Jun 1 2010, In : Journal of Financial and Quantitative Analysis. 45, 3, p. 589-622 34 p.Research output: Contribution to journal › Article
Substitution
Financing
Friction
External financing
Debt
Measurement errors in investment equations
Almeida, H., Campello, M. & Galvao, A. F., Sep 2010, In : Review of Financial Studies. 23, 9, p. 3279-3328 50 p.Research output: Contribution to journal › Article
Measurement error
Estimator
Fixed effects
Instrumental variables
Heteroscedasticity
2009
Understanding the relationship between founder-CEOs and firm performance
Adams, R., Almeida, H. & Ferreira, D., Jan 2009, In : Journal of Empirical Finance. 16, 1, p. 136-150 15 p.Research output: Contribution to journal › Article
Firm performance
Founder CEO
Chief executive officer
Proportion
Factoring
2008
Estimating Risk-Adjusted Costs of Financial Distress.
Almeida, H. & Philippon, T., 2008, In : Journal of Applied Corporate Finance. 20, 4, p. 105 - 109Research output: Contribution to journal › Article
Financial distress
Costs
Discount rate
Distress
Leverage
2007
Financial constraints, asset tangibility, and corporate investment
Almeida, H. & Campello, M., Sep 14 2007, In : Review of Financial Studies. 20, 5, p. 1429-1460 32 p.Research output: Contribution to journal › Article
Assets
Financial constraints
Corporate investment
Friction
Multiplier
Is cash negative debt? A hedging perspective on corporate financial policies
Acharya, V. V., Almeida, H. & Campello, M., Oct 1 2007, In : Journal of Financial Intermediation. 16, 4, p. 515-554 40 p.Research output: Contribution to journal › Article
Hedging
Financial policy
Debt
Cash
Hedge
The risk-adjusted cost of financial distress
Almeida, H. & Philippon, T., Dec 1 2007, In : Journal of Finance. 62, 6, p. 2557-2586 30 p.Research output: Contribution to journal › Article
Distress
Financial distress
Costs
Risk premia
Debt
2006
A theory of pyramidal ownership and family business groups
Almeida, H. V. & Wolfenzon, D., Dec 1 2006, In : Journal of Finance. 61, 6, p. 2637-2680 44 p.Research output: Contribution to journal › Article
Ownership
Family business
Business groups
New firms
Deviation
Should business groups be dismantled? The equilibrium costs of efficient internal capital markets
Almeida, H. & Wolfenzon, D., Jan 1 2006, In : Journal of Financial Economics. 79, 1, p. 99-144 46 p.Research output: Contribution to journal › Article
Conglomerate
Internal capital markets
Business groups
Costs
Capital allocation
The financial accelerator: Evidence from international housing markets
Almeida, H., Campello, M. & Liu, C., Sep 1 2006, In : Review of Finance. 10, 3, p. 321-352 32 p.Research output: Contribution to journal › Review article
Housing market
Financial accelerator
Asset prices
Fluctuations
Debt capacity
2005
Powerful CEOs and their impact on corporate performance
Adams, R. B., Almeida, H. & Ferreira, D., Dec 1 2005, In : Review of Financial Studies. 18, 4, p. 1403-1432 30 p.Research output: Contribution to journal › Review article
Chief executive officer
Corporate performance
Insider
Firm performance
Organizational variables
The effect of external finance on the equilibrium allocation of capital
Almeida, H. & Wolfenzon, D., Jan 1 2005, In : Journal of Financial Economics. 75, 1, p. 133-164 32 p.Research output: Contribution to journal › Article
Investor protection
External finance
External financing
Capital allocation
Prediction
2004
The cash flow sensitivity of cash
Almeida, H., Campello, M. & Weisbach, M. S., Aug 1 2004, In : Journal of Finance. 59, 4, p. 1777-1804 28 p.Research output: Contribution to journal › Review article
Cash flow
Cash
Financial constraints
Propensity
Manufacturing firms
2002
Democracy and the variability of economic performance
Almeida, H. & Ferreira, D., Nov 2002, In : Economics and Politics. 14, 3, p. 225-257 33 p.Research output: Contribution to journal › Article
Democracy
Economic performance
Optimal state-dependent rules, credibility, and inflation inertia
Almeida, H. & Bonomo, M., Oct 1 2002, In : Journal of Monetary Economics. 49, 7, p. 1317-1336 20 p.Research output: Contribution to journal › Article
Inflation inertia
Credibility
Deviation
Disinflation
Costs