Debt, Dividend Policy, Taxes, Inflation and Market Valuation

Theory of the firm: Managerial behavior, agency costs and ownership structure

1976 • 62,465 citations

The Cost of Capital, Corporation Finance and the Theory of Investment

1958 • 15,488 citations

Determinants of corporate borrowing

1977 • 13,054 citations

Dividend Policy, Growth, and the Valuation of Shares

1961 • 6,581 citations

CORPORATE INCOME TAXES AND THE COST OF CAPITAL: A CORRECTION

1963 • 5,822 citations

DEBT AND TAXES*

1977 • 3,086 citations

Optimal capital structure under corporate and personal taxation

1980 • 2,681 citations

The effects of dividend yield and dividend policy on common stock prices and returns

1974 • 1,034 citations

Inflation, Rational Valuation and the Market

1979 • 942 citations

Marginal Stockholder Tax Rates and the Clientele Effect

1970 • 922 citations

TAXES, MARKET VALUATION AND CORPORATE FINANCIAL POLICY

1970 • 832 citations

Dividends and Taxes: Some Empirical Evidence

1982 • 684 citations

The Weighted Average Cost of Capital, Perfect Capital Markets, and Project Life: A Clarification

1980 • 518 citations

Corporate Income Taxes, Valuation, and the Problem of Optimal Capital Structure

1978 • 466 citations

Taxation, corporate financial policy, and the cost of capital

1973 • 465 citations

How taxes affect economic behavior

1981 • 274 citations

Dividends, Short Selling Restrictions, Tax‐Induced Investor Clienteles and Market Equilibrium

1980 • 200 citations

TAXES, CORPORATE FINANCIAL POLICY AND RETURN TO INVESTORS

1967 • 187 citations

Taxation, Portfolio Choice, and Debt-Equity Ratios: A General Equilibrium Model

1983 • 186 citations

SOME DIRECT EVIDENCE ON THE DIVIDEND CLIENTELE PHENOMENON

1978 • 147 citations

INFLATION AND THE TAXATION OF CAPITAL INCOME IN THE CORPORATE SECTOR

1979 • 120 citations

Taxation and the stock market valuation of capital gains and dividends

1980 • 111 citations

Theories of Corporate Debt Policy: A Synthesis

1979 • 88 citations

Financial leverage clienteles

1979 • 87 citations

Taxes and Corporate Capital Structure in an Incomplete Market

1980 • 62 citations

Stockholder tax rates and firm attributes

1983 • 57 citations

Banks, firms and the relative pricing of tax-exempt and taxable bonds

1983 • 51 citations

Taxes and portfolio composition

1978 • 50 citations

TAXATION AND THE SECTORAL ALLOCATION OF CAPITAL IN THE U.S.

1981 • 19 citations

TAXES, CORPORATE FINANCIAL POLICY AND THE RETURN TO INVESTORS: COMMENT

1967 • 19 citations

The Moral Hazard Theory of Corporate Financial Structure: Empirical Tests

2011 • 15 citations

Inflation and the Taxation of Capital Income in the Corporate Sector

1983 • 9 citations

The stock market and inflation

1982 • 8 citations