Cash Distributions to Shareholders

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

Dividend Policy, Growth, and the Valuation of Shares

1961 • 6,581 citations

CORPORATE INCOME TAXES AND THE COST OF CAPITAL: A CORRECTION

1963 • 5,822 citations

The Determination of Financial Structure: The Incentive-Signalling Approach

1977 • 3,814 citations

Dividend Policy under Asymmetric Information

1985 • 3,145 citations

Imperfect Information, Dividend Policy, and "The Bird in the Hand" Fallacy

1979 • 2,777 citations

The American Economic Review

2012 • 1,760 citations

Dividends, Dilution, and Taxes: A Signalling Equilibrium

1985 • 1,404 citations

Takeovers: Their Causes and Consequences

1988 • 1,346 citations

Quarterly Dividend and Earnings Announcements and Stockholders' Returns: An Empirical Analysis

1980 • 1,082 citations

Common stock repurchases and market signalling

1981 • 1,054 citations

Marginal Stockholder Tax Rates and the Clientele Effect

1970 • 922 citations

The Government Printing Office

1968 • 845 citations

Dividend Policy under Asymmetric Information

1985 • 747 citations

Common stock repurchases

1981 • 737 citations

Intrinsic Bubbles: The Case of Stock Prices

1991 • 555 citations

Wealth Maximization and the Cost of Capital

1979 • 448 citations

A Theory of Stock Price Responses to Alternative Corporate Cash Disbursement Methods: Stock Repurchases and Dividends

1987 • 429 citations

The Modigliani-Miller Propositions After Thirty Years

1988 • 424 citations

Public Policy and the Corporation

1980 • 423 citations

Stock Repurchase by Tender Offer: An Analysis of the Causes of Common Stock Price Changes

1980 • 273 citations

Corporate financial policy and corporate control

1988 • 253 citations

Dividends, Dilution, and Taxes: A Signalling Equilibrium

1985 • 239 citations

The Economic Effects of Dividend Taxation

1984 • 234 citations

Corporate Financial Policy, Information, and Market Expectations: An Empirical Investigation of Dividends

1987 • 222 citations

Quarterly Dividend and Earnings Announcements and Stockholders' Returns: An Empirical Analysis

1980 • 221 citations

Taxes, transactions costs and the clientele effect of dividends

1977 • 215 citations

Share Repurchases and Acquisitions: An Analysis of Which Firms Participate

1987 • 67 citations

External Financing and Liquidity

1984 • 65 citations

The Tax Consequences of Share Repurchases and Other Non-Dividend Cash Payments to Equity Owners

1987 • 27 citations

Share Repurchases and Acquisitions: an Analysis of Which Firms Participate

1987 • 22 citations