A requiem for the USA Is small shareholder monitoring effective?

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

1976 • 62,465 citations

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

1980 • 25,774 citations

Separation of Ownership and Control

1983 • 18,225 citations

Agency Problems and the Theory of the Firm

1980 • 10,487 citations

Large Shareholders and Corporate Control

1986 • 8,353 citations

Performance Pay and Top-Management Incentives

1990 • 4,798 citations

Performance pay and top-management incentives

1990 • 4,638 citations

Outside directors and CEO turnover

1988 • 4,411 citations

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

1980 • 3,168 citations

Two Agency-Cost Explanations of Dividends

1984 • 3,128 citations

Mergers and the Market for Corporate Control

1965 • 2,330 citations

Outside directors, board independence, and shareholder wealth

1990 • 1,971 citations

GROWTH, BETA AND AGENCY COSTS AS DETERMINANTS OF DIVIDEND PAYOUT RATIOS

1982 • 1,678 citations

Ownership structure and voting on antitakeover amendments

1988 • 1,598 citations

The Market Mechanism as an Incentive Scheme

1983 • 1,498 citations

Proxy contests and the efficiency of shareholder oversight

1988 • 1,074 citations

Board composition, ownership structure, and hostile takeovers

1993 • 961 citations

Poison or placebo? Evidence on the deterrence and wealth effects of modern antitakeover measures

1995 • 820 citations

Pension Fund Activism and Firm Performance

1996 • 646 citations

Corporate Performance, Corporate Takeovers, and Management Turnover

1991 • 621 citations

Large Shareholders and the Monitoring of Managers: The Case of Antitakeover Charter Amendments

1990 • 580 citations

The Takeover Market, Corporate Board Composition, and Ownership Structure: The Case of Banking

1987 • 545 citations

CEO INCENTIVES — IT'S NOT HOW MUCH YOU PAY, BUT HOW*

1990 • 544 citations

CEO Incentives: It's Not How Much You Pay, But How

1999 • 511 citations

Shark repellents and stock prices

1987 • 442 citations

Poison pill securities

1988 • 403 citations

An empirical analysis of the interfirm equity investment process

1985 • 392 citations

The effect of poison pill securities on shareholder wealth

1988 • 390 citations

Raiders or saviors? The evidence on six controversial investors

1985 • 319 citations

Golden parachutes, executive decision-making, and shareholder wealth

1985 • 305 citations

An investigation of the relationship between board composition and stockholder suits

1990 • 268 citations

Information, Ownership Structure, and Shareholder Voting: Evidence from Shareholder‐Sponsored Corporate Governance Proposals

1993 • 255 citations

Corporate Performance, Corporate Takeovers, and Management Turnover

1991 • 205 citations

A reexamination of analysts' earnings forecasts for takeover targets

1993 • 87 citations

Information, Ownership Structure, and Shareholder Voting: Evidence from Shareholder-Sponsored Corporate Governance Proposals

1993 • 59 citations

Who Opts out of State Antitakeover Protection?: The Case of Pennsylvania's SB 1310

1995 • 34 citations