The nature of information conveyed by pure capital structure changes

A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity

1980 • 25,774 citations

Job Market Signaling

1973 • 12,677 citations

The Theory of Capital Structure

1991 • 3,949 citations

DISTRIBUTION OF INCOMES OF CORPORATIONS AMONG DIVIDENDS, RETAINED EARNINGS AND TAXES

1956 • 3,496 citations

Dividend Policy under Asymmetric Information

1985 • 3,145 citations

Managerial control of voting rights

1988 • 2,602 citations

Equity issues and offering dilution

1986 • 1,479 citations

Takeovers: Their Causes and Consequences

1988 • 1,346 citations

The Dividend Puzzle

1976 • 1,273 citations

Common stock repurchases and market signalling

1981 • 1,054 citations

THE EFFECT OF THE FIRM'S CAPITAL STRUCTURE ON THE SYSTEMATIC RISK OF COMMON STOCKS

1972 • 1,034 citations

Investment banking and the capital acquisition process

1986 • 1,024 citations

The Theory of Capital Structure

1991 • 973 citations

Dividend Policy under Asymmetric Information

1985 • 747 citations

Corporate control contests and capital structure

1988 • 743 citations

Equity Issues and Stock Price Dynamics

1990 • 695 citations

A Theory of Workouts and the Effects of Reorganization Law*

1991 • 668 citations

The effects of capital structure change on security prices

1980 • 541 citations

Capital structure and firm response to poor performance

1993 • 423 citations

Withdrawn Security Offerings

1988 • 414 citations

The Impact of Capital Structure Change on Firm Value: Some Estimates

1983 • 375 citations

Dividend Behavior for the Aggregate Stock Market

1987 • 316 citations

Corporate financial policy and corporate control

1988 • 253 citations

The Effect of the Firm's Capital Structure on the Systematic Risk of Common Stocks

1972 • 221 citations

Equity Issues and Stock Price Dynamics

1990 • 176 citations

Earnings and Risk Changes Surrounding Primary Stock Offers

1990 • 176 citations

Repurchase tender offers and earnings information

1991 • 176 citations

A Global Approach to Money Management

1976 • 144 citations

A Theory of Workouts and the Effects of Reorganization Law

1991 • 131 citations

The Debt-Equity Choice

1988 • 131 citations

The information content of distressed restructurings involving public and private debt claims

1993 • 127 citations

Earnings and risk changes around stock repurchase tender offers

1991 • 122 citations

Information Effects Associated with Debt‐for‐Equity and Equity‐for‐Debt Exchange Offers

1989 • 93 citations

Convertible call policies

1987 • 91 citations

The Impact of Capital Structure Change on Firm Value: Some Estimates

1983 • 82 citations

The nature of information conveyed by pure capital structure changes

1994 • 72 citations

The Pricing Effects of Interfirm Cash Tender Offers

1987 • 59 citations

Equity Issues and Changes in Expectations of Earnings by Financial Analysts

1992 • 49 citations

The Impact of Preferred‐for‐Common Exchange Offers on Firm Value

1986 • 47 citations

Exchange Offers and Stock Swaps: New Evidence

1991 • 37 citations

Evidence on the Impact of Exchange Offers on Security Prices: The Case of Income Bonds

1981 • 34 citations

The information content of equity-for-debt swaps

1989 • 31 citations

Earnings Expectations and Capital Restructuring: The Case of Equity-for-Debt Swaps

1988 • 27 citations

Stock-for-Debt Swaps and Shareholder Returns

1985 • 24 citations

Equity for Debt Exchanges and Stockholder Wealth

1985 • 21 citations

Effects of early bond refundings

1984 • 20 citations

Repurchase offers : information adjusted premiums and shareholders' response

1982 • 20 citations

The Pricing Effects of Interfirm Cash Tender Offers

1987 • 18 citations

Information Effects Associated with Debt-For-Equity and Equity-For-Debt Exchange Offers

1989 • 12 citations

The Impact of Preferred-for-Common Exchange Offers on Firm Value

1986 • 11 citations

A study of the effect of common stock offerings on earnings expectations

1989 • 1 citations