Optimal capital structure under corporate and personal taxation

Theory of the firm: Managerial behavior, agency costs and ownership structure

1976 • 62,465 citations

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

1958 • 15,488 citations

Determinants of corporate borrowing

1977 • 13,054 citations

Dividend Policy, Growth, and the Valuation of Shares

1961 • 6,581 citations

CORPORATE INCOME TAXES AND THE COST OF CAPITAL: A CORRECTION

1963 • 5,822 citations

DEBT AND TAXES*

1977 • 3,086 citations

Asset returns and inflation

1977 • 2,770 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

BANKRUPTCY COSTS: SOME EVIDENCE

1977 • 1,177 citations

The Theory of Finance

1972 • 1,064 citations

The effects of dividend yield and dividend policy on common stock prices and returns

1974 • 1,034 citations

Bankruptcy Costs: Some Evidence

1977 • 863 citations

A State-Preference Model of Optimal Financial Leverage

1973 • 764 citations

A Theory of Optimal Capital Structure

1976 • 680 citations

COMMON STOCKS AS A HEDGE AGAINST INFLATION

1976 • 656 citations

SOME ESTIMATES OF THE COST OF CAPITAL TO THE ELECTRIC UTILITY INDUSTRY, 1954-57

1966 • 592 citations

Debt and Taxes

1977 • 589 citations

The effects of capital structure change on security prices

1980 • 541 citations

INFLATION AND RATES OF RETURN ON COMMON STOCKS

1976 • 524 citations

A MEAN‐VARIANCE THEORY OF OPTIMAL CAPITAL STRUCTURE AND CORPORATE DEBT CAPACITY

1978 • 498 citations

Corporate Income Taxes, Valuation, and the Problem of Optimal Capital Structure

1978 • 466 citations

LEVERAGE, RISK OF RUIN AND THE COST OF CAPITAL*

1967 • 443 citations

THE “FISHER EFFECT” FOR RISKY ASSETS: AN EMPIRICAL INVESTIGATION

1976 • 370 citations

The "Fisher Effect" for Risky Assets: An Empirical Investigation

1976 • 278 citations

Problems in the Theory of Optimal Capital Structure

1966 • 245 citations

INFLATION AND SECURITY RETURNS*

1975 • 238 citations

The Taxation of Income from Capital.

1970 • 207 citations

Industry Influence on Financial Structure

1975 • 186 citations

A Mean-Variance Theory of Optimal Capital Structure and Corporate Debt Capacity

1978 • 173 citations

Leverage, Risk of Ruin and the Cost of Capital

1967 • 170 citations

Leverage and Dividend Irrelevancy Under Corporate and Personal Taxation

1980 • 165 citations

Common Stocks as a Hedge Against Inflation

1976 • 156 citations

Inflation and Rates of Return on Common Stocks

1976 • 152 citations

Evidence on the Importance of Financial Structure

1972 • 146 citations

SOME SURROGATE EVIDENCE IN SUPPORT OF THE CONCEPT OF OPTIMAL FINANCIAL STRUCTUREY*

1967 • 122 citations

Inflation and the Income Tax

1978 • 121 citations

Inflation and Security Returns

1975 • 106 citations

Competition and unanimity

1971 • 101 citations

Theories of Corporate Debt Policy: A Synthesis

1979 • 88 citations

Financial leverage clienteles

1979 • 87 citations

Stabilization Policies

2023 • 81 citations

Some Surrogate Evidence in Support of the Concept of Optimal Financial Structure

1967 • 67 citations

Statistics of Income

1920 • 66 citations

EFFECTIVE AVERAGE U.S. CORPORATION INCOME TAX RATES

1974 • 64 citations

Tax Incentives and Capital Spending.

1972 • 63 citations

INFLATION AND THE MARKET VALUE OF THE FIRM: THEORY AND TESTS

1977 • 57 citations

Trends in Corporate Profitability and Capital Costs

2011 • 52 citations

Leverage and Dividend Irrelevancy Under Corporate and Personal Taxation

1980 • 42 citations

A NOTE ON INFLATION AND COMMON STOCK VALUES

1968 • 28 citations

Theories of Corporate Debt Policy: A Synthesis

1979 • 24 citations

Inflation and the Market Value of the Firm: Theory and Tests

1977 • 22 citations

Taxes and the Optimal Capital Structure of the Firm

1980 • 22 citations

Inflation, taxes, and corporate investment incentives

1979 • 14 citations

Corporate Earnings and Tax Shifting in U.S. Manufacturing, 1930-1968

1972 • 14 citations

Inflation and the Value of the Firm: Monetary and Depreciation Effects

1974 • 14 citations

A Note on Inflation and Common Stock Values

1968 • 7 citations

The Market for Corporate Bonds

1965 • 6 citations

Taxes and the Optimal Capital Structure of the Firm

1980 • 5 citations