The effect of capital structure on a firm's liquidation decision

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

1976 • 62,465 citations

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

1958 • 15,488 citations

Determinants of corporate borrowing

1977 • 13,054 citations

Production, Information Costs and Economic Organization

1996 • 9,220 citations

Vertical Integration, Appropriable Rents, and the Competitive Contracting Process

1978 • 5,975 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

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

1980 • 3,168 citations

DEBT AND TAXES*

1977 • 3,086 citations

On financial contracting

1979 • 3,013 citations

Myopia and Inconsistency in Dynamic Utility Maximization

1955 • 2,700 citations

Optimal capital structure under corporate and personal taxation

1980 • 2,681 citations

Myopia and Inconsistency in Dynamic Utility Maximization

1973 • 2,615 citations

A STATE‐PREFERENCE MODEL OF OPTIMAL FINANCIAL LEVERAGE

1973 • 1,819 citations

The effect of capital structure on a firm's liquidation decision

1984 • 1,537 citations

BANKRUPTCY COSTS: SOME EVIDENCE

1977 • 1,177 citations

Corporate Financial Structure and Managerial Incentives

1982 • 1,063 citations

The Economics of Information and Uncertainty

1982 • 874 citations

Bankruptcy Costs: Some Evidence

1977 • 863 citations

A State-Preference Model of Optimal Financial Leverage

1973 • 764 citations

A Theory of Optimal Capital Structure

1976 • 680 citations

On the Corporate Demand for Insurance

1982 • 623 citations

On the Corporate Demand for Insurance

1982 • 592 citations

Debt and Taxes

1977 • 589 citations

A MEAN‐VARIANCE THEORY OF OPTIMAL CAPITAL STRUCTURE AND CORPORATE DEBT CAPACITY

1978 • 498 citations

LEVERAGE, RISK OF RUIN AND THE COST OF CAPITAL*

1967 • 443 citations

THE INSIGNIFICANCE OF BANKRUPTCY COSTS TO THE THEORY OF OPTIMAL CAPITAL STRUCTURE

1978 • 441 citations

The Bankruptcy Decision

1978 • 388 citations

The Effects of a Firm's Investment and Financing Decisions on the Welfare of its Security Holders

2007 • 303 citations

Industry Influence on Financial Structure

1975 • 186 citations

A Mean-Variance Theory of Optimal Capital Structure and Corporate Debt Capacity

1978 • 173 citations

Leverage, Risk of Ruin and the Cost of Capital

1967 • 170 citations

Evidence on the Importance of Financial Structure

1972 • 146 citations

SOME SURROGATE EVIDENCE IN SUPPORT OF THE CONCEPT OF OPTIMAL FINANCIAL STRUCTUREY*

1967 • 122 citations

The Insignificance of Bankruptcy Costs to the Theory of Optimal Capital Structure

1978 • 97 citations

Equilibrium solutions in dynamic dominant-player models

1977 • 88 citations

Theories of Corporate Debt Policy: A Synthesis

1979 • 88 citations

Some Surrogate Evidence in Support of the Concept of Optimal Financial Structure

1967 • 67 citations

Theories of Corporate Debt Policy: A Synthesis

1979 • 24 citations