Stock Market Development and Financing Choices of Firms

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

1976 • 62,465 citations

Corporate financing and investment decisions when firms have information that investors do not have

1984 • 18,167 citations

Determinants of corporate borrowing

1977 • 13,054 citations

Finance and Growth: Schumpeter Might Be Right

1993 • 8,421 citations

The Capital Structure Puzzle

1984 • 7,683 citations

What Do We Know about Capital Structure? Some Evidence from International Data

1995 • 6,521 citations

A SENSITIVITY ANALYSIS OF CROSS-COUNTRY GROWTH REGRESSIONS

1992 • 6,316 citations

The Determinants of Capital Structure Choice

1988 • 5,494 citations

The Theory of Capital Structure

1991 • 3,949 citations

Finance, entrepreneurship and growth

1993 • 3,480 citations

Time‐Varying World Market Integration

1995 • 2,163 citations

Reputation Acquisition in Debt Markets

1989 • 1,628 citations

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

1984 • 1,537 citations

ON THE EFFICIENCY OF COMPETITIVE STOCK MARKETS WHERE TRADES HAVE DIVERSE INFORMATION

1976 • 1,388 citations

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

1988 • 986 citations

The costs of going public

1987 • 723 citations

The Choice Between Equity and Debt: An Empirical Study

1982 • 717 citations

Capital Structure in Repeated Oligopolies

1988 • 458 citations

A MODEL OF CORPORATE FINANCING DECISIONS

1977 • 446 citations

Stock markets and resource allocation

1993 • 262 citations

Agency Problems and Financial Contracting.

1987 • 255 citations

An Empirical Investigation of International Asset Pricing

1989 • 214 citations

Debt, Agency Costs, and Industry Equilibrium

1991 • 186 citations

Do Inside Ownership and Leverage Share Common Determinants

1993 • 91 citations

Agency and Tax Explanations of Security Issuance Decisions

1997 • 67 citations

Liquidity of secondary capital markets: Allocative efficiency and the maturity composition of the capital stock

1996 • 52 citations

Capital structures in developing countries: evidence from ten countries

1994 • 17 citations

Stock Market Development and Corporate Finance Decisions

1996 • 17 citations