Changes in the Financial Market: Welfare and Price Effects and the Basic Theorems of Value Conservation

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

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

1958 • 15,488 citations

An Intertemporal Capital Asset Pricing Model

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Equilibrium in a Capital Asset Market

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The valuation of options for alternative stochastic processes

1976 • 3,064 citations

Theory of Value

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The Valuation of Uncertain Income Streams and the Pricing of Options

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The Role of Securities in the Optimal Allocation of Risk-bearing

1973 • 1,203 citations

The Role of Securities in the Optimal Allocation of Risk-bearing

1964 • 1,125 citations

The Theory of Finance

1972 • 1,064 citations

Risk and return: The case of merging firms

1974 • 927 citations

Options and Efficiency

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On the optimality of equilibrium when the market structure is incomplete

1975 • 769 citations

The Theory of Investment Value, by John Burr Williams

1939 • 667 citations

The Pricing of Contingent Claims in Discrete Time Models

1979 • 571 citations

A Theory of Conglomerate Mergers

1969 • 527 citations

An aggregation theorem for securities markets

1974 • 507 citations

Tender offers and stockholder returns

1977 • 504 citations

A Re-Examination of the Modigliani-Miller Theorem

1969 • 462 citations

PORTFOLIO ANALYSIS, MARKET EQUILIBRIUM AND CORPORATION FINANCE

1969 • 457 citations

The Transfer Problem and Transport Costs: The Terms of Trade When Impediments are Absent

1952 • 447 citations

Investment Decision under Uncertainty: Applications of the State-Preference Approach

1966 • 383 citations

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The economics of uncertainty

1968 • 299 citations

DIVERSIFICATION, PORTFOLIO ANALYSIS AND THE UNEASY CASE FOR CONGLOMERATE MERGERS

1970 • 253 citations

Problems in the Theory of Optimal Capital Structure

1966 • 245 citations

On the existence of equilibrium in a securities model

1974 • 173 citations

On the Optimality of the Stock Market Allocation of Investment

1972 • 167 citations

The Economics of Uncertainty

1969 • 152 citations

Theory of Financial Markets.

1973 • 129 citations

Asset Valuation, Firm Investment, and Firm Diversification

1972 • 126 citations

Investment, Interest and Capital.

1971 • 122 citations

A re-examination of the Modigliani-Miller theorem

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The Theory of Investment Value.

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1977 • 84 citations

Procedures for capital budgeting under uncertainty

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Bankruptcy, Limited Liability, and the Modigliani-Miller Theorem

1981 • 79 citations

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1977 • 70 citations

Company Takeovers and the Australian Equity Market

1976 • 57 citations

Welfare Aspects of Options and Supershares

1978 • 52 citations

Default Risk and the Modigliani-Miller Theorem: A Synthesis

1976 • 41 citations

Default Risk, Scale, and the Homemade Leverage Theorem

1972 • 36 citations

Short-Selling, Default Risk and the Existence of Equilibrium in a Securities Model

1980 • 35 citations

Default Risk, Homemade Leverage, and the Modigliani-Miller Theorem

1974 • 29 citations

THE THEORY OF RECAPITALIZATIONS AND THE EVIDENCE OF DUAL PURPOSE FUNDS

1977 • 27 citations

Choice over asset economies: Default risk and corporate leverage

1975 • 24 citations

Default Risk, Homemade Leverage and the Modigliani-Miller Theorem

1973 • 23 citations

Default Risk in a General Equilibrium Asset Economy with Incomplete Markets

1976 • 22 citations

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1977 • 13 citations

Default Risk, Homemade Leverage, and the Modigliani-Miller Theorem: Note

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1978 • 10 citations

The sufficiency of existing financial instruments for Pareto-optimal risk allocation

1973 • 9 citations

Ordering Markets and the Capital Structure of Firms, with Illustrations

1974 • 8 citations

NEUTRAL RECAPITALIZATIONS: PREDICTIONS AND TESTS CONCERNING VALUATION AND WELFARE

1978 • 4 citations