Forward Contracts and Firm Value: Investment Incentive and Contracting Effects

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

1958 • 15,488 citations

Determinants of corporate borrowing

1977 • 13,054 citations

The Determinants of Firms' Hedging Policies

1985 • 3,317 citations

On financial contracting

1979 • 3,013 citations

Reputation Acquisition in Debt Markets

1989 • 1,628 citations

Optimal Hedging Policies

1984 • 981 citations

Hedging and the Competitive Firm under Price Uncertainty

1979 • 406 citations

Corporate Insurance and the Underinvestment Problem

1987 • 360 citations

Flexible Exchange Rates, Forward Markets, and the Level of Trade

1976 • 97 citations

On the Optimal Hedge of a Nontraded Cash Position

1988 • 76 citations

Intertemporal Commodity Futures Hedging and the Production Decision

1984 • 65 citations

Forward Markets, Stock Markets, and the Theory of the Firm

1987 • 46 citations

Bank Income Taxes and Interest Rate Risk Management: A Note

1984 • 14 citations