Capital Structure and Dividend Irrelevance with Asymmetric Information

Corporate financing and investment decisions when firms have information that investors do not have

1984 • 18,167 citations

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

1958 • 15,488 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

The Economic Theory of Agency: The Principal's Problem.

1973 • 4,084 citations

The Determination of Financial Structure: The Incentive-Signalling Approach

1977 • 3,814 citations

Dividend Policy under Asymmetric Information

1985 • 3,145 citations

Equity issues and offering dilution

1986 • 1,479 citations

The theory of contracts

1987 • 1,374 citations

Valuation effects of security offerings and the issuance process

1986 • 1,281 citations

Games and Information: An Introduction to Game Theory

2006 • 1,217 citations

Optimal Release of Information By Firms

1985 • 1,079 citations

Information and Volatility: The No‐Arbitrage Martingale Approach to Timing and Resolution Irrelevancy

1989 • 996 citations

Seasoned equity offerings

1986 • 943 citations

Dividend Policy under Asymmetric Information

1985 • 747 citations

Common stock repurchases

1981 • 737 citations

Valuation effects of corporate debt offerings

1986 • 490 citations

Convertible debt issuance, capital structure change and financing-related information

1984 • 410 citations

Information and Volatility: The No-Arbitrage Martingale Approach to Timing and Resolution Irrelevancy

1989 • 287 citations

Nondissipative Signaling Structures and Dividend Policy

1980 • 287 citations

A Sequential Signalling Model of Convertible Debt Call Policy

1985 • 180 citations

Optimal Release of Information By Firms

1985 • 166 citations

Asymmetric information in financial markets

1988 • 5 citations