Credit Market Equilibrium with Bank Monitoring and Moral Hazard

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

1976 • 62,465 citations

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

1986 • 17,982 citations

Financial Intermediation and Delegated Monitoring

1984 • 8,226 citations

INFORMATIONAL ASYMMETRIES, FINANCIAL STRUCTURE, AND FINANCIAL INTERMEDIATION

1977 • 4,200 citations

Informational Asymmetries, Financial Structure, and Financial Intermediation

1977 • 3,499 citations

Monitoring and Reputation: The Choice between Bank Loans and Directly Placed Debt

1991 • 3,300 citations

Two Agency-Cost Explanations of Dividends

1984 • 3,128 citations

Corporate Structure, Liquidity, and Investment: Evidence from Japanese Industrial Groups

1991 • 2,492 citations

What's different about banks?

1985 • 2,350 citations

Some evidence on the uniqueness of bank loans

1987 • 1,688 citations

Information Reliability and a Theory of Financial Intermediation

1984 • 1,214 citations

Corporate Financial Structure and Managerial Incentives

1982 • 1,063 citations

Banking in the theory of finance

1980 • 808 citations

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

1980 • 524 citations

Bond Covenants and Delegated Monitoring

1988 • 417 citations

On the Positive Role of Financial Intermediation in Allocation of Venture Capital in a Market with Imperfect Information

1983 • 354 citations

Information reusability, competition and bank asset quality

1986 • 260 citations

Agency Problems and Financial Contracting.

1987 • 255 citations

Bond Covenants and Delegated Monitoring

1988 • 78 citations

On the Positive Role of Financial Intermediation in Allocation of Venture Capital in a Market with Imperfect Information

1983 • 68 citations

Corporate Financial Policy and the Theory of Financial Intermediation

1990 • 51 citations

Theory of Money.

1963 • 46 citations