A Rent-Protection Theory of Corporate Ownership and Control

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

1976 • 62,465 citations

Law and Finance

1998 • 17,512 citations

A Survey of Corporate Governance

1997 • 15,789 citations

Corporate Ownership Around the World

1999 • 10,370 citations

Legal Determinants of External Finance

1997 • 9,511 citations

Management ownership and market valuation

1988 • 7,109 citations

The Structure of Corporate Ownership: Causes and Consequences

1985 • 6,489 citations

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

1980 • 3,168 citations

Aggregation and Linearity in the Provision of Intertemporal Incentives

1987 • 2,932 citations

Why Do Companies Go Public? An Empirical Analysis

1998 • 1,894 citations

Market Liquidity and Performance Monitoring

1993 • 1,759 citations

Takeover Threats and Managerial Myopia

1988 • 1,659 citations

Large Shareholders, Monitoring, and the Value of the Firm

1997 • 1,584 citations

One share-one vote and the market for corporate control

1988 • 1,377 citations

Private benefits from control of public corporations

1989 • 1,210 citations

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

1994 • 1,027 citations

The Choice of Stock Ownership Structure: Agency Costs, Monitoring, and the Decision to Go Public

1998 • 939 citations

Insider Ownership and the Decision to Go Public

1995 • 908 citations

Large Shareholder Activism, Risk Sharing, and Financial Market Equilibrium

1994 • 898 citations

Corporate governance

1988 • 683 citations

Strong Managers, Weak Owners: The Political Roots of American Corporate Finance.

1995 • 594 citations

The Disciplinary Role of Takeovers

1988 • 510 citations

Why Higher Takeover Premia Protect Minority Shareholders

1998 • 370 citations

Political and legal restraints on ownership and control of public companies

1990 • 277 citations

Efficient and Inefficient Sales of Corporate Control

1994 • 254 citations

The Dynamics of the Management-Shareholder Conflict

1999 • 150 citations

Pyramidal Groups and the Separation Between Ownership and Control in Italy

2002 • 130 citations

Do Short-Term Objectives Lead to Under- or Overinvestment in Long-Term Projects?

1993 • 93 citations

Capital and Ownership Structures, and the Market for Corporate Control

1992 • 82 citations

Why Agency Costs Explain Diversification Discounts

2001 • 58 citations

Blockholdings in Europe: An International Comparison

1999 • 50 citations

The Law on Corporate Directors' Self-Dealing: A Comparative Analysis

1998 • 45 citations

Corporate Ownership Structures: Private versus Social Optimality

1996 • 34 citations

Ownership and Voting Power in France

2002 • 27 citations

Control Considerations of Newly Public Firms: The Implementation of Antitakeover Provisions and Dual Class Shares Before the IPO

1999 • 27 citations