Concepedia

Debt Preference

Debt Preference is a theoretical construct in corporate finance that denotes the propensity of firms to prioritize internal financing and, when external financing is required, to prefer debt over equity as a means of maintaining financial discipline and minimizing information asymmetry costs.

63

Publications

35.7K

Citations

124

Authors

107

Institutions

Publications per year

2017–2026

15

Parents

Publications

63

Corporate financing and investment decisions when firms have information that investors do not have

Stewart C. Myers, Nicholas S. Majluf · Journal of Financial Economics · 1984 · 19.1K citations

, , +17

The Capital Structure Puzzle

Stewart C. Myers · The Journal of Finance · 1984 · 7.6K citations · Full text

, , +17

The Capital Structure Puzzle

Stewart C. Myers · The Journal of Finance · 1984 · 3.1K citations · Full text

, , +17

Accounting Quality and Debt Contracting

Sreedhar T. Bharath, Jayanthi Sunder, Shyam V. Sunder · The Accounting Review · 2008 · 1.3K citations

, , +14

Capital Structure Puzzle

Stewart C. Myers · National Bureau of Economic Research · 1984 · 671 citations · Full text

, , +17

1–5 of 63

Authors

124

  1. SC
    Stewart C. Myers

    Massachusetts Institute of Technology, United States

    5 publications · 30.5K citations

    5

    h-index

  2. GC
    Gregorio Caetano

    University of Georgia, United States

    2 publications · 56 citations

    2

    h-index

  3. MB
    Mark Bayless

    Wayne State University, United States

    2 publications · 162 citations

    2

    h-index

  4. ME
    Merle Erickson

    University of Chicago, United States

    2 publications · 267 citations

    2

    h-index

  5. HA
    Harry Anthony Patrinos

    World Bank, United States

    2 publications · 56 citations

    2

    h-index

1–5 of 124

Institutions

107

  1. Massachusetts Institute of Technology

    Cambridge, United States

    3 h-index

    3 publications

    3.9K citations

  2. Wayne State University

    Detroit, United States

    2 h-index

    3 publications

    313 citations

  3. University of Georgia

    Athens, United States

    2 h-index

    2 publications

    82 citations

  4. University of Manchester

    Manchester, United Kingdom

    2 h-index

    2 publications

    84 citations

  5. Boston University

    Boston, United States

    2 h-index

    3 publications

    95 citations

  6. Stanford University

    Stanford, United States

    2 h-index

    2 publications

    55 citations

  7. The University of Queensland

    Brisbane, Australia

    2 h-index

    2 publications

    330 citations

  8. University of Colorado Boulder

    Boulder, United States

    2 h-index

    3 publications

    95 citations

1–8 of 107

Venues

  1. SSRN Electronic Journal

    Repository · 5 publications · 720 citations

    5

    h-index

  2. Journal of the American Taxation Association

    2 publications · 35 citations

    2

    h-index

  3. Applied Economics

    2 publications · 75 citations

    2

    h-index

  4. The Accounting Review

    2 publications · 1.4K citations

    2

    h-index

  5. Journal of Corporate Finance

    2 publications · 61 citations

    2

    h-index

1–5