The Influence of Institutional Investors on Myopic R&D Investment Behavior

The Capital Structure Puzzle

1984 • 7,683 citations

Earnings management to avoid earnings decreases and losses

1997 • 3,885 citations

Firm Performance and Mechanisms to Control Agency Problems between Managers and Shareholders

1996 • 2,916 citations

Efficient Capital Markets, Inefficient Firms: A Model of Myopic Corporate Behavior

1989 • 2,486 citations

Takeover Threats and Managerial Myopia

1988 • 1,659 citations

Executive incentives and the horizon problem

1991 • 1,547 citations

Managerial ownership, accounting choices, and informativeness of earnings

1995 • 1,545 citations

Annual bonus schemes and the manipulation of earnings

1995 • 1,171 citations

Herd on the Street: Informational Inefficiencies in a Market with Short‐Term Speculation

1992 • 1,072 citations

EFFECTS OF BOARD AND OWNERSHIP STRUCTURE ON CORPORATE R&D STRATEGY.

1991 • 946 citations

Analyst Following and Institutional Ownership

1990 • 881 citations

CAPITAL CHOICES: CHANGING THE WAY AMERICA INVESTS IN INDUSTRY

1992 • 727 citations

Corporate research and development expenditures and share value

1990 • 679 citations

Corporate Behavior in Adjusting to Capital Structure and Dividend Targets: An Econometric Study

1984 • 551 citations

Are institutional investors myopic? A time‐series study of four technology‐driven industries

1991 • 506 citations

INSTITUTIONAL OWNERSHIP AND CORPORATE R&D IN THE COMPUTER INDUSTRY.

1988 • 306 citations

Short-Term America: The Causes and Cures of Our Business Myopia

1991 • 304 citations

An empirical examination of debt covenant restrictions and accounting-related debt proxies

1990 • 291 citations

Explicit and Implicit Tax Effects of the R & D Tax Credit

1993 • 282 citations

Patterns of Institutional Investment, Prudence, and the Managerial "Safety-Net" Hypothesis

1989 • 268 citations

SHAREHOLDER TRADING PRACTICES AND CORPORATE INVESTMENT HORIZONS

1992 • 210 citations

Composition of R and D Expenditures: Relationship to Size of Firm, Concentration, and Innovative Output

1981 • 207 citations

Institutional ownership and control: implications for long-term corporate strategy

1990 • 207 citations

Managing interacting accounting measures to meet multiple objectives: A study of LIFO firms

1996 • 162 citations

Accounting Earnings Announcements, Institutional Investor Concentration, and Common Stock Returns

1992 • 144 citations

Institutional Holdings and Trading Volume Reactions to Quarterly Earnings Announcements

1997 • 83 citations

The Relevance of Characteristics of the Information Environment in the Selection of a Proxy for the Market's Expectations for Earnings: An Extension of Brown, Richardson, and Schwager [1987]

1996 • 73 citations

Institutional Demand and Security Price Pressure: The Case of Corporate Spinoffs

1993 • 67 citations

Crisis of Capitalism

1979 • 55 citations