Details about Gordon M. Phillips

Access statistics for papers by Gordon M. Phillips.

Last updated 2018-08-06. Update your information in the RePEc Author Service.

Short-id: pph31

Working Papers

2017

1. Do Public Firms Respond to Investment Opportunities More than Private Firms? The Impact of Initial Firm Quality
   NBER Working Papers, National Bureau of Economic Research, Inc
2. How Credit Constraints Impact Job Finding Rates, Sorting & Aggregate Output
   Working Papers, Human Capital and Economic Opportunity Working Group
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2016) View citations (1)
   Working Papers, U.S. Census Bureau, Center for Economic Studies (2016) View citations (1)
3. Knowledge Diffusion Within and Across Firms
   2017 Meeting Papers, Society for Economic Dynamics
4. The Impact of Bank Credit on Labor Reallocation and Aggregate Industry Productivity
   NBER Working Papers, National Bureau of Economic Research, Inc
   Also in Working Papers, U.S. Census Bureau, Center for Economic Studies (2016) View citations (1)
5. The Impact of Consumer Credit Access on Employment, Earnings, and Entrepreneurship
   Working Papers, Human Capital and Economic Opportunity Working Group
   Also in NBER Working Papers, National Bureau of Economic Research, Inc (2016) View citations (10)
6. Venture Capital Investments and Merger and Acquisition Activity Around the World
   NBER Working Papers, National Bureau of Economic Research, Inc

2016

7. Extending Industry Specialization through Cross-Border Acquisitions
   NBER Working Papers, National Bureau of Economic Research, Inc
   Also in TSE Working Papers, Toulouse School of Economics (TSE) (2016)
   See also Journal Article in Review of Financial Studies (2017)

2015

8. The Impact of Consumer Credit Constraints on Earnings, Sorting, and Job Finding Rates of Displaced Workers
   2015 Meeting Papers, Society for Economic Dynamics

2014

9. Financing Decisions and Product Introductions of Private and Publicly Traded Firms
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)
10. Outside Purchase Contracts, Human Capital and Firm Capital Structure
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (1)

2012

11. R&D and the Incentives from Merger and Acquisition Activity
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
    See also Journal Article in Review of Financial Studies (2013)

2011

12. Conglomerate Industry Choice and Product Differentiation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
13. How Do Firm Financial Conditions Affect Product Quality and Pricing?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (11)
    See also Journal Article in Management Science (2013)
14. Post-Merger Restructuring and the Boundaries of the Firm
    Working Papers, U.S. Census Bureau, Center for Economic Studies View citations (35)
    Also in NBER Working Papers, National Bureau of Economic Research, Inc (2008) View citations (4)
    See also Journal Article in Journal of Financial Economics (2011)

2010

15. Asset Liquidity and the Cost of Capital
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
16. Text-Based Network Industries and Endogenous Product Differentiation
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)
    See also Journal Article in Journal of Political Economy (2016)

2008

17. Product Market Synergies and Competition in Mergers and Acquisitions: A Text-Based Analysis
    NBER Working Papers, National Bureau of Economic Research, Inc
    See also Journal Article in Review of Financial Studies (2010)
18. Real and Financial Industry Booms and Busts
    NBER Working Papers, National Bureau of Economic Research, Inc
    See also Journal Article in Journal of Finance (2010)

2006

19. The Industry Life Cycle and Acquisitions and Investment: Does Firm Organization Matter?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (5)
    Also in Working Papers, U.S. Census Bureau, Center for Economic Studies (2005) View citations (2)

2005

20. Why Do Public Firms Issue Private and Public Securities?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (18)
    See also Journal Article in Journal of Financial Intermediation (2012)

2002

21. Firm-Specific Resources, Financial-Market Development and the Growth of U.S. Multinationals
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (3)
22. Is There an Optimal Industry Financial Structure?
    NBER Working Papers, National Bureau of Economic Research, Inc View citations (19)

1999

23. Do Conglomerate Firms Allocate Resources Inefficiently?
    Working Papers, U.S. Census Bureau, Center for Economic Studies View citations (46)
24. The Market for Corporate Assets: Who Engages in Mergers and Asset Sales and are there Efficiency Gains?
    Working Papers, U.S. Census Bureau, Center for Economic Studies View citations (60)

1998

25. Optimal Firm Size and the Growth of Conglomerate and Single-Industry Firms
    Working Papers, U.S. Census Bureau, Center for Economic Studies View citations (4)

1996

26. Efficiency of Bankrupt Firms and Industry Conditions: Theory and Evidence
    Working Papers, U.S. Census Bureau, Center for Economic Studies View citations (4)

1995

27. Capital Structure And Product Market Rivalry: How Do We Reconcile Theory And Evidence?
    Working Papers, U.S. Census Bureau, Center for Economic Studies View citations (37)
    See also Journal Article in American Economic Review (1995)
28. Capital Structure and Product Market Behavior: An Examination of Plant Exit and Investment Decisions
    UFAE and IAE Working Papers, Unitat de Fonaments de l'Anàlisi Econòmica (UAB) and Institut d'Anàlisi Econòmica (CSIC) View citations (38)
    Also in Working Papers, U.S. Census Bureau, Center for Economic Studies (1995) View citations (21)
    CESifo Working Paper Series, CESifo Group Munich (1995) View citations (2)
    See also Journal Article in Review of Financial Studies (1997)

1993

29. Information and Normal Backwardationas Determinants of Trading Performance: Evidence form North-Sea Oil Forward Market
    Working Papers, Purdue University, Krannert School of Management - Center for International Business Education and Research (CIBER) View citations (1)

1991

30. Trading Performance in Forward Markets: A Micro-Data Test of Normal Backwardation
    Working Papers, Columbia - Center for Futures Markets

Undated

31. R&D and the Market for Acquisitions
    Swiss Finance Institute Research Paper Series, Swiss Finance Institute

Journal Articles

2017

1. Extending Industry Specialization through Cross-Border Acquisitions
   Review of Financial Studies, 2017, 30, (5), 1539-1582 View citations (5)
   See also Working Paper (2016)
2. Financing and New Product Decisions of Private and Publicly Traded Firms
   Review of Financial Studies, 2017, 30, (5), 1744-1789 View citations (2)

2016

3. Text-Based Network Industries and Endogenous Product Differentiation
   Journal of Political Economy, 2016, 124, (5), 1423 - 1465 View citations (27)
   See also Working Paper (2010)

2014

4. Product Market Threats, Payouts, and Financial Flexibility
   Journal of Finance, 2014, 69, (1), 293-324 View citations (36)
5. Real Asset Illiquidity and the Cost of Capital
   Journal of Financial and Quantitative Analysis, 2014, 49, (01), 1-32 View citations (14)

2013

6. Conglomerate Firms, Internal Capital Markets, and the Theory of the Firm
   Annual Review of Financial Economics, 2013, 5, (1), 225-244 View citations (13)
7. Discussion of A Measure of Competition Based on 10-K Filings
   Journal of Accounting Research, 2013, 51, (2), 437-447
8. How Do Firm Financial Conditions Affect Product Quality and Pricing?
   Management Science, 2013, 59, (8), 1764-1782 View citations (1)
   See also Working Paper (2011)
9. Private and Public Merger Waves
   Journal of Finance, 2013, 68, (5), 2177-2217 View citations (18)
10. R&D and the Incentives from Merger and Acquisition Activity
    Review of Financial Studies, 2013, 26, (1), 34-78 View citations (10)
    See also Working Paper (2012)

2012

11. Why do public firms issue private and public securities?
    Journal of Financial Intermediation, 2012, 21, (4), 619-658 View citations (36)
    See also Working Paper (2005)

2011

12. Post-merger restructuring and the boundaries of the firm
    Journal of Financial Economics, 2011, 102, (2), 317-343 View citations (36)
    See also Working Paper (2011)

2010

13. Product Market Synergies and Competition in Mergers and Acquisitions: A Text-Based Analysis
    Review of Financial Studies, 2010, 23, (10), 3773-3811 View citations (98)
    See also Working Paper (2008)
14. Real and Financial Industry Booms and Busts
    Journal of Finance, 2010, 65, (1), 45-86 View citations (45)
    See also Working Paper (2008)

2008

15. The Industry Life Cycle, Acquisitions and Investment: Does Firm Organization Matter?
    Journal of Finance, 2008, 63, (2), 673-708 View citations (28)

2005

16. How Does Industry Affect Firm Financial Structure?
    Review of Financial Studies, 2005, 18, (4), 1433-1466 View citations (117)

2002

17. Do Conglomerate Firms Allocate Resources Inefficiently Across Industries? Theory and Evidence
    Journal of Finance, 2002, 57, (2), 721-767 View citations (153)

2000

18. Corporate Equity Ownership, Strategic Alliances, and Product Market Relationships
    Journal of Finance, 2000, 55, (6), 2791-2815 View citations (101)

1998

19. Asset Efficiency and Reallocation Decisions of Bankrupt Firms
    Journal of Finance, 1998, 53, (5), 1495-1532 View citations (52)

1997

20. Capital Structure and Product Market Behavior: An Examination of Plant Exit and Investment Decisions
    Review of Financial Studies, 1997, 10, (3), 767-803 View citations (69)
    See also Working Paper (1995)

1995

21. Capital Structure and Product-Market Rivalry: How Do We Reconcile Theory and Evidence?
    American Economic Review, 1995, 85, (2), 403-08 View citations (46)
    See also Working Paper (1995)
22. Increased debt and industry product markets An empirical analysis
    Journal of Financial Economics, 1995, 37, (2), 189-238 View citations (115)

1994

23. Information and Normal Backwardation as Determinants of Trading Performance: Evidence from the North Sea Oil Forward Market
    Economic Journal, 1994, 104, (422), 76-95 View citations (11)