The economic consequences of accounting choice implications of costly contracting and monitoring

Agency Problems and the Theory of the Firm

1980 • 10,487 citations

The relationship between return and market value of common stocks

1981 • 6,052 citations

Measuring security price performance

1980 • 3,397 citations

A critique of the asset pricing theory's tests Part I: On past and potential testability of the theory

1977 • 3,099 citations

DEBT AND TAXES*

1977 • 3,086 citations

On financial contracting

1979 • 3,013 citations

Toward a More General Theory of Regulation

1976 • 2,846 citations

Asset returns and inflation

1977 • 2,770 citations

Towards A Positive Theory of the Determination of Accounting Standards

2006 • 2,445 citations

Theories of Economic Regulation

1974 • 1,113 citations

The Problem of Externality

1979 • 1,087 citations

Taxes and firm size

1983 • 805 citations

Corporate Financial Statements, A Product of the Market and Political Processes

1977 • 612 citations

Debt and Taxes

1977 • 589 citations

The Impact of Merger-Related Regulations on the Shareholders of Acquiring Firms

1983 • 583 citations

Voluntary Corporate Disclosure: The Case of Interim Reporting

1981 • 574 citations

The Growth of Government

1980 • 536 citations

An income strategy approach to the positive theory of accounting standard setting/choice

1981 • 457 citations

The Municipal Accounting Maze: An Analysis of Political Incentives

1977 • 437 citations

Stockholder-bondholder conflict and dividend constraints

1982 • 414 citations

Some economic determinants of accounting policy choice

1979 • 394 citations

Corporate Financial Reporting: A Methodological Review of Empirical Research

1982 • 387 citations

Capital Market Equilibrium, Information Production, and Selecting Accounting Techniques: Theoretical Framework and Review of Empirical Work

1974 • 301 citations

Accounting Information in Private Markets: Evidence from Private Lending Agreements

2016 • 289 citations

The effect of owner versus management control on the choice of accounting methods

1982 • 275 citations

Determinants of the corporate decision to capitalize interest

1981 • 250 citations

Evidence of the impact of mandatory changes in accounting principles on corporate loan agreements

1981 • 240 citations

Changes in Accounting Techniques and Stock Prices

1972 • 222 citations

Investor Evaluation of Accounting Information: Some Empirical Evidence

1972 • 214 citations

POSTULATES, PRINCIPLES AND RESEARCH IN ACCOUNTING

1964 • 212 citations

Evidence on the effect of bond covenants and management compensation contracts on the choice of accounting techniques

1981 • 210 citations

Market failure fallacies and accounting information

1980 • 175 citations

Relationship between Accounting Changes and Stock Prices: Problems of Measurement and Some Empirical Evidence

1973 • 158 citations

The economic determinants of the market reaction to proposed mandatory accounting changes in the oil and gas industry

1981 • 153 citations

Accounting policy decisions and capital market research

1980 • 137 citations

Stock Price Reactions to LIFO Adoptions: The Association between Excess Returns and LIFO Tax Savings

1982 • 121 citations

Classificatory Smoothing: Alternative Income Models

1975 • 107 citations

The Market's Response to the 1974 LIFO Adoptions

1982 • 105 citations

The Economic Effects of Involuntary Uniformity in the Financial Reporting of R&D Expenditures

1980 • 99 citations

Accounting for Research and Development Costs: The Impact on Research and Development Expenditures

1980 • 98 citations

Asymmetric information and portfolio performance measurement

1979 • 97 citations

Determinants of intramethod choice in the oil and gas industry

1982 • 92 citations

Accounting Rules and "The Accounting Establishment"

1979 • 88 citations

Discussion of Accounting for Research and Development Costs: The Impact on Research and Development Expenditures

1980 • 85 citations

Mandated successful efforts and auditor choice

1982 • 71 citations

The Determinants of Antitrust Activity

1975 • 67 citations

A Descriptive Analysis of Select Input Bases of the Financial Accounting Standards Board

1981 • 67 citations

Purchase Versus Pooling of Interests: The Search for a Predictor

1967 • 65 citations

Strategic behavior and regulation research in accounting

1982 • 64 citations

Pro-producer regulation and accounting for assets

1979 • 61 citations

A reply to Mayers and Rice (1979)

1979 • 48 citations

Cross-sectional association between abnormal returns and firm specific variables

1982 • 40 citations

The Determinants and Effects of Antitrust Activity

1975 • 31 citations

The SEC's Rejection of SFAS No. 19: Tests of Market Price Reversal

2005 • 19 citations

The Impact of Changes in Accounting Principles on Restrictive Covenants in Credit Agreements and Indentures

2016 • 10 citations

Rent-seeking competition in political parties

1979 • 7 citations