Borrowing relationships, intermediation, and the cost of issuing public securities

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

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

1984 • 18,167 citations

Determinants of corporate borrowing

1977 • 13,054 citations

Agency Problems and Residual Claims

1983 • 4,691 citations

On financial contracting

1979 • 3,013 citations

Why new issues are underpriced

1986 • 2,752 citations

Investment banking, reputation, and the underpricing of initial public offerings

1986 • 2,555 citations

Initial Public Offerings and Underwriter Reputation

1990 • 2,505 citations

What's different about banks?

1985 • 2,350 citations

Some evidence on the uniqueness of bank loans

1987 • 1,688 citations

The "Hot Issue" Market of 1980

1984 • 1,658 citations

Capital Structure and the Informational Role of Debt

1990 • 1,296 citations

Signalling and the Pricing of New Issues

1989 • 1,046 citations

Further evidence on the bank lending process and the capital-market response to bank loan agreements

1989 • 966 citations

Differential information and the small firm effect

1984 • 543 citations

Information Production, Market Signalling, and the Theory of Financial Intermediation

1980 • 524 citations

Initial Public Offerings and Underwriter Reputation

1990 • 408 citations

Capital Structure and the Informational Role of Debt

1990 • 286 citations

An investigation of cost differences between public sales and private placements of debt

1988 • 275 citations

The Long-Run Performance of Initial Public Offerings,

1991 • 274 citations

Signalling and the Pricing of New Issues

1989 • 238 citations

Information Production, Market Signalling, and the Theory of Financial Intermediation

1980 • 175 citations

Bank lending and initial public offerings

1990 • 95 citations

Securities Regulation

1962 • 15 citations