The Design of Internal Control and Capital Structure

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

1976 • 62,465 citations

Determinants of corporate borrowing

1977 • 13,054 citations

Moral Hazard and Observability

1979 • 8,356 citations

The Determinants of Capital Structure Choice

1988 • 5,494 citations

Moral Hazard in Teams

1982 • 4,935 citations

Outside directors and CEO turnover

1988 • 4,411 citations

The Theory of Capital Structure

1991 • 3,949 citations

Insiders and Outsiders: The Choice between Informed and Arm's‐Length Debt

1992 • 3,659 citations

Good News and Bad News: Representation Theorems and Applications

1981 • 3,218 citations

Managerial control of voting rights

1988 • 2,602 citations

An Incomplete Contracts Approach to Financial Contracting

1992 • 2,160 citations

Stock prices and top management changes

1988 • 1,665 citations

The Determinants of Board Composition

1988 • 1,566 citations

One share-one vote and the market for corporate control

1988 • 1,377 citations

Capital Structure and the Informational Role of Debt

1990 • 1,296 citations

Corporate Financial Structure and Managerial Incentives

1982 • 1,063 citations

An Empirical Test of the Impact of Managerial Self‐Interest on Corporate Capital Structure

1988 • 986 citations

The Optimal Structure of Incentives and Authority within an Organization

1976 • 873 citations

A Theory of Debt and Equity: Diversity of Securities and Manager-Shareholder Congruence

1994 • 847 citations

Corporate control contests and capital structure

1988 • 743 citations

Capital and Ownership Structure: A Comparison of United States and Japanese Manufacturing Corporations

1986 • 686 citations

A Theory of Workouts and the Effects of Reorganization Law*

1991 • 668 citations

Repeated Moral Hazard

1985 • 635 citations

Accounting information and internal performance evaluation

1994 • 175 citations

Managerial performance, boards of directors and takeover bidding

1994 • 157 citations

Default and Renegotiation: A Dynamic Model of Debt

1997 • 137 citations

Corporate directorship practices : role, selection and legal status of the board

1975 • 122 citations

Optimal Financial Instruments

1991 • 119 citations

Capital and Ownership Structures, and the Market for Corporate Control

1992 • 82 citations

Payout Policy, Capital Structure, and Compensation Contracts when Managers Value Control

1993 • 67 citations

Corporate Control Through Board Dismissals and Takeovers

1998 • 59 citations

Case problems in finance

1950 • 22 citations