RECENT DEVELOPMENTS IN THE COST OF DEBT CAPITAL
Data up to Jan 2025
Total Citations Per Year
Abstract
References (49)
Theory of the firm: Managerial behavior, agency costs and ownership structure
1976 • 62,465 citations
The Pricing of Options and Corporate Liabilities
1973 • 29,036 citations
CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK*
1964 • 15,720 citations
The Cost of Capital, Corporation Finance and the Theory of Investment
1958 • 15,488 citations
ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES*
1974 • 10,570 citations
Theory of rational option pricing
2005 • 7,870 citations
Theory of Rational Option Pricing
1973 • 7,693 citations
THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors…
1975 • 7,346 citations
The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets
1965 • 7,112 citations
Option pricing when underlying stock returns are discontinuous
1976 • 5,962 citations
CORPORATE INCOME TAXES AND THE COST OF CAPITAL: A CORRECTION
1963 • 5,822 citations
Equilibrium in a Capital Asset Market
1966 • 4,832 citations
DEBT AND TAXES*
1977 • 3,086 citations
The valuation of options for alternative stochastic processes
1976 • 3,064 citations
A STATE‐PREFERENCE MODEL OF OPTIMAL FINANCIAL LEVERAGE
1973 • 1,819 citations
The option pricing model and the risk factor of stock
1976 • 1,293 citations
The Theory of Finance
1972 • 1,064 citations
A Theory of Optimal Capital Structure
1976 • 680 citations
The Theory of Investment Value, by John Burr Williams
1939 • 667 citations
Debt and Taxes
1977 • 589 citations
BANKRUPTCY, SECURED DEBT, AND OPTIMAL CAPITAL STRUCTURE
1977 • 557 citations
A MEAN‐VARIANCE SYNTHESIS OF CORPORATE FINANCIAL THEORY
1973 • 526 citations
The Aggregation of Investor's Diverse Judgments and Preferences in Purely Competitive Security Markets
1969 • 524 citations
A MEAN‐VARIANCE THEORY OF OPTIMAL CAPITAL STRUCTURE AND CORPORATE DEBT CAPACITY
1978 • 498 citations
Option pricing
1976 • 486 citations
Determinants of Risk Premiums on Corporate Bonds
1959 • 465 citations
A Re-Examination of the Modigliani-Miller Theorem
1969 • 462 citations
PORTFOLIO ANALYSIS, MARKET EQUILIBRIUM AND CORPORATION FINANCE
1969 • 457 citations
Investment, Interest and Capital.
1971 • 395 citations
Risk-adjusted discount rates and capital budgeting under uncertainty
1977 • 391 citations
Some Aspects of the Pure Theory of Corporate Finance: Bankruptcies and Take-Overs: Reply
1972 • 281 citations
Risk and return in finance
1977 • 275 citations
Some Aspects of the Pure Theory of Corporate Finance: Bankruptcies and Take-overs
1972 • 266 citations
Capital Budgeting and the Capital Asset Pricing Model: Good News and Bad News
1977 • 256 citations
Problems in the Theory of Optimal Capital Structure
1966 • 245 citations
Handbook of Financial Economics.
1980 • 184 citations
TOWARDS A THEORY OF FINANCIAL DISTRESS
1971 • 126 citations
Investment, Interest and Capital.
1971 • 122 citations
Portfolio Analysis, Market Equilibrium and Corporation Finance
1969 • 113 citations
The Theory of Investment Value.
1939 • 102 citations
An Analytic Model of Bond Risk Differentials
1975 • 74 citations
THE COST OF EQUITY CAPITAL: A RECONSIDERATION
1978 • 68 citations
An Analytical Model of Interest Rate Differentials and Different Default Recoveries
1977 • 66 citations
On the Irrelevance of Corporate Financial Policy
1972 • 66 citations
Corporate Financial Policy in Segmented Securities Markets
1973 • 35 citations
Default Risk, Homemade Leverage, and the Modigliani-Miller Theorem
1974 • 29 citations
FIRM VALUATION, CORPORATE TAXES, AND DEFAULT RISK
1975 • 29 citations
Bankruptcy Costs and the Firm's Optimal Debt Capacity: A Positive Theory of Capital Structure
1977 • 27 citations
Conference on Research in Business Finance
1953 • 9 citations