NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Corporate Financial and Investment Policies when Future Financing is not Frictionless

Heitor Almeida, Murillo Campello, Michael S. Weisbach

NBER Working Paper No. 12773
Issued in December 2006

---- Acknowledgements -----

We thank Viral Acharya, George Pennacchi, Josh Rauh, Jeremy Stein, and Amir Sufi for helpful suggestions. Comments from seminar participants at Tulane University, the University of Alberta, the University of British Columbia, the University of Illinois, the University of Minnesota, the University of Notre Dame, and the University of Oregon are also appreciated. The views expressed herein are those of the author(s) and do not necessarily reflect the views of the National Bureau of Economic Research.

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