SHAREHOLDER TRADING PRACTICES AND CORPORATE INVESTMENT HORIZONS

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

1984 • 18,167 citations

Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers

1986 • 17,982 citations

Efficient Capital Markets, Inefficient Firms: A Model of Myopic Corporate Behavior

1989 • 2,486 citations

Takeover Threats and Managerial Myopia

1988 • 1,659 citations

The effects of management buyouts on operating performance and value

1989 • 1,349 citations

Stock Prices and Social Dynamics

1984 • 851 citations

Equilibrium Short Horizons of Investors and Firms

1990 • 554 citations

Value Maximization and the Acquisition Process

1988 • 514 citations

Chartists, Fundamentalists, and Trading in the Foreign Exchange Market

1990 • 429 citations

Corporate Takeovers: The Efficiency Arguments

1988 • 276 citations