Share Repurchase and Takeover Deterrence

Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers

1986 • 17,982 citations

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

1958 • 15,488 citations

Takeover Bids, The Free-Rider Problem, and the Theory of the Corporation

1980 • 3,168 citations

Managerial control of voting rights

1988 • 2,602 citations

Synergistic gains from corporate acquisitions and their division between the stockholders of target and acquiring firms

1988 • 1,789 citations

Do Demand Curves for Stocks Slope Down?

1986 • 1,451 citations

One share-one vote and the market for corporate control

1988 • 1,377 citations

Common stock repurchases and market signalling

1981 • 1,054 citations

Price and Volume Effects Associated with Changes in the S&P 500 List: New Evidence for the Existence of Price Pressures

1986 • 1,047 citations

Corporate control contests and capital structure

1988 • 743 citations

Common stock repurchases

1981 • 737 citations

A Theory of Stock Price Responses to Alternative Corporate Cash Disbursement Methods: Stock Repurchases and Dividends

1987 • 429 citations

A Theory of Preemptive Takeover Bidding

1988 • 390 citations

Cash Distributions to Shareholders

1989 • 343 citations

Optimal Investment with Stock Repurchase and Financing as Signals

1989 • 310 citations

Dutch Auction Repurchases: An Analysis of Shareholder Heterogeneity

1992 • 280 citations

Stock Repurchase by Tender Offer: An Analysis of the Causes of Common Stock Price Changes

1980 • 273 citations

Corporate financial policy and corporate control

1988 • 253 citations

Greenmail, White Knights, and Shareholders' Interest

1986 • 171 citations

Stock Repurchase as a Takeover Defense

1989 • 89 citations

Optimal Liquidation of Assets in the Presence of Personal Taxes: Implications for Asset Pricing

1980 • 75 citations

Effects of Capital Gains Taxation on Life‐Cycle Investment and Portfolio Management

1987 • 57 citations

The Construction of Tender Offers: Capital Gains Taxes and the Free Rider Problem

1988 • 15 citations

Essays on financial structure and corporate control

1988 • 1 citations