Journal Article Financial Constraints Risk Get access Toni M. Whited, Toni M. Whited University of Wisconsin Address correspondence to Toni M. Whited, Department of Finance, University of Wisconsin, 975 University Avenue, Madison, WI 53706-1323, or email: twhited@bus.wisc.edu. Search for other works by this author on: Oxford Academic Google Scholar Guojun Wu Guojun Wu University of Houston Search for other works by this author on: Oxford Academic Google Scholar The Review of Financial Studies, Volume 19, Issue 2, Summer 2006, Pages 531–559, https://doi.org/10.1093/rfs/hhj012 Published: 18 January 2006