The Price Elasticity of Demand for Common Stock

A Heteroskedasticity-Consistent Covariance Matrix Estimator and a Direct Test for Heteroskedasticity

1980 • 25,774 citations

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

1984 • 18,167 citations

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

1958 • 15,488 citations

A Simple Model of Capital Market Equilibrium with Incomplete Information

1987 • 5,293 citations

Asset pricing and the bid-ask spread

1986 • 5,250 citations

Principles of Corporate Finance.

1981 • 3,686 citations

Dividend Policy under Asymmetric Information

1985 • 3,145 citations

A Simple Implicit Measure of the Effective Bid‐Ask Spread in an Efficient Market

1984 • 2,564 citations

The Cost of Transacting

1968 • 1,909 citations

Stock return variances

1986 • 1,878 citations

Equity issues and offering dilution

1986 • 1,479 citations

Do Demand Curves for Stocks Slope Down?

1986 • 1,451 citations

The option pricing model and the risk factor of stock

1976 • 1,293 citations

Valuation effects of security offerings and the issuance process

1986 • 1,281 citations

Price and Volume Effects Associated with Changes in the S&P 500 List: New Evidence for the Existence of Price Pressures

1986 • 1,047 citations

The Market for Securities: Substitution Versus Price Pressure and the Effects of Information on Share Prices

1972 • 944 citations

Seasoned equity offerings

1986 • 943 citations

PRICE IMPACTS OF BLOCK TRADING ON THE NEW YORK STOCK EXCHANGE

1972 • 683 citations

Intermediate financial management

1989 • 629 citations

Determinants of bid-asked spreads in the over-the-counter market

1974 • 590 citations

The effects of capital structure change on security prices

1980 • 541 citations

Valuation effects of corporate debt offerings

1986 • 490 citations

The Effects of Beta, Bid‐Ask Spread, Residual Risk, and Size on Stock Returns

1989 • 483 citations

Determinants of Risk Premiums on Corporate Bonds

1959 • 465 citations

Transaction costs and the small firm effect

1983 • 461 citations

The Buying and Selling Behavior of Individual Investors at the Turn of the Year

1988 • 439 citations

Intermediate Financial Management

1977 • 417 citations

Tax-induced trading around ex-dividend days

1986 • 348 citations

Announcement effects of new equity issues and the use of intraday price data

1988 • 310 citations

Liquidity Changes Following Stock Splits

1979 • 304 citations

Stock price effects and costs of secondary distributions

1985 • 296 citations

PROBABILITY AND STATISTICS

1975 • 194 citations

Earnings and Risk Changes Surrounding Primary Stock Offers

1990 • 176 citations

An Operational Measure of Liquidity

2016 • 174 citations

Stock Price Movements in Response to Stock Issues under Asymmetric Information

1986 • 169 citations

The Rule 415 Experiment: Equity Markets

1985 • 156 citations

Equity Rights Issues and the Efficiency of the UK Stock Market

1979 • 142 citations

Understanding Stock Price Behavior around the Time of Equity Issues

1989 • 138 citations

Firm value and seasoned equity issues

1987 • 129 citations

An operational measure of liquidity

1984 • 117 citations

Tests for Price Effects of New Issues of Seasoned Securities

1982 • 95 citations

Stock offerings in a different institutional setting

1988 • 75 citations

Underpricing of seasoned issues

1985 • 71 citations

Size Effects of Seasoned Stock Issues: Empirical Evidence

1986 • 65 citations

Electricity Demand Growth and the Energy Crisis

1972 • 50 citations

Tax-Loss Selling: Evidence from December Stock Returns and Share Shifts

1986 • 19 citations

Rational Expectations and the Measurement of a Stock's Elasticity of Demand

1984 • 16 citations

Investors' Time Horizon and the Inefficiency of Capital Markets

1978 • 10 citations