In Search of New Foundations

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

A resource‐based view of the firm

1984 • 23,611 citations

The Nature of the Firm

1937 • 23,029 citations

Separation of Ownership and Control

1983 • 18,225 citations

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

1984 • 18,167 citations

A Survey of Corporate Governance

1997 • 15,789 citations

The Economic Institutions of Capitalism

1987 • 15,724 citations

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

1958 • 15,488 citations

Determinants of corporate borrowing

1977 • 13,054 citations

The Economic Institutions of Capitalism

1986 • 11,014 citations

Corporate Ownership Around the World

1999 • 10,370 citations

The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration

1986 • 9,393 citations

Production, Information Costs and Economic Organization

1996 • 9,220 citations

Vertical Integration, Appropriable Rents, and the Competitive Contracting Process

1978 • 5,975 citations

Competing for the Future

1994 • 5,618 citations

Property Rights and the Nature of the Firm

1990 • 5,440 citations

The Theory of Capital Structure

1991 • 3,949 citations

The Determination of Financial Structure: The Incentive-Signalling Approach

1977 • 3,814 citations

Takeover Bids, The Free-Rider Problem, and the Theory of the Corporation

1980 • 3,168 citations

Imperfect Information, Dividend Policy, and "The Bird in the Hand" Fallacy

1979 • 2,777 citations

Scale and Scope

1990 • 2,767 citations

Liquidation Values and Debt Capacity: A Market Equilibrium Approach

1992 • 2,708 citations

An Incomplete Contracts Approach to Financial Contracting

1992 • 2,160 citations

Relational Contracts and the Theory of the Firm

2002 • 1,748 citations

The Cost of Diversity: The Diversification Discount and Inefficient Investment

2000 • 1,729 citations

Internal Capital Markets and the Competition for Corporate Resources

1997 • 1,713 citations

A Theory of Predation Based on Agency Problems in Financial Contracting

1990 • 1,629 citations

Reputation Acquisition in Debt Markets

1989 • 1,628 citations

The Origin and Evolution of New Businesses

2000 • 1,583 citations

The effect of capital structure on a firm's liquidation decision

1984 • 1,537 citations

The ownership of enterprise

1996 • 1,506 citations

A Theory of Debt Based on the Inalienability of Human Capital

1994 • 1,424 citations

Dividends, Dilution, and Taxes: A Signalling Equilibrium

1985 • 1,404 citations

The Visible Hand

1977 • 1,368 citations

Default and Renegotiation: A Dynamic Model of Debt

1998 • 1,067 citations

The Theory of Finance

1972 • 1,064 citations

Investment–Cash Flow Sensitivities: Constrained versus Unconstrained Firms

2004 • 1,036 citations

The Value of the Voting Right: A Study of the Milan Stock Exchange Experience

1994 • 1,027 citations

Power in a Theory of the Firm

1998 • 738 citations

Breach of Trust in Hostile Takeovers

1988 • 728 citations

What Determines the Value of Corporate Votes?

1995 • 622 citations

The Valuation of Cash Flow Forecasts: An Empirical Analysis

1995 • 535 citations

Financial Innovation and Risk Sharing.

1995 • 438 citations

The Bankruptcy Decision

1978 • 388 citations

Measuring investment distortions arising from stockholder–bondholder conflicts

1999 • 383 citations

Vertical Integration as Organizational Ownership: The Fisher Body-General Motors Relationship Revisited

1988 • 346 citations

Labor Rent Sharing and Regulation: Evidence from the Trucking Industry

1987 • 309 citations

Outside Equity

2000 • 288 citations

Venture Capital and the Professionalization of Start-up Firms: Empirical Evidence

2000 • 269 citations

Capital Structure and Dividend Irrelevance with Asymmetric Information

1991 • 267 citations

Optimal Financial Contracting: Debt versus Outside Equity

1998 • 240 citations

Why Is Bank Debt Senior? A Theory of Asymmetry and Claim Priority Based on Influence Costs

1997 • 175 citations

Contract Costs and Financing Decisions

1990 • 145 citations

Watching the watchers: corporate governance for the 21st century

1996 • 138 citations

The tyranny of inequality

2000 • 88 citations

The business of economics

1996 • 57 citations

The Business of Economics

1996 • 47 citations

The Firm as a Dedicated Hierarchy: A Theory of the Origin and Growth of Firms

2000 • 42 citations

Financial Distress as a Collapse of Incentives

1994 • 7 citations

Why is Bank Debt Senior? A Theory of Priority Among Creditors

1994 • 5 citations

Deleted Work

1955 • 0 citations