The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems

Exit, Voice and Loyalty: Responses to Decline in Firms, Organizations, and States.

1970 • 10,905 citations

Performance Pay and Top-Management Incentives

1990 • 4,798 citations

Outside directors and CEO turnover

1988 • 4,411 citations

Managerial discretion and optimal financing policies

1990 • 3,683 citations

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1990 • 2,631 citations

A Modest Proposal for Improved Corporate Governance

1992 • 2,626 citations

Capitalism, Socialism and Democracy

2010 • 2,526 citations

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1989 • 2,153 citations

Does corporate performance improve after mergers?

1992 • 1,688 citations

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1988 • 1,665 citations

Ownership structure and voting on antitakeover amendments

1988 • 1,598 citations

The Market for Corporate Control: The Empirical Evidence Since 1980

1988 • 1,183 citations

Troubled debt restructurings

1990 • 1,127 citations

The choice of organizational form The case of franchising

1987 • 1,097 citations

A test of the free cash flow hypothesis

1991 • 1,091 citations

Proxy contests and the efficiency of shareholder oversight

1988 • 1,074 citations

The hidden costs of stock market liquidity

1993 • 1,027 citations

The Theory of Capital Structure

1991 • 973 citations

Contagion and competitive intra-industry effects of bankruptcy announcements

1992 • 938 citations

Financial distress, reorganization, and organizational efficiency

1990 • 788 citations

Organization Theory and Methodology

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CAPITAL CHOICES: CHANGING THE WAY AMERICA INVESTS IN INDUSTRY

1992 • 727 citations

Group Process and Productivity

1973 • 658 citations

Managerial competition, information costs, and corporate governance

1988 • 614 citations

Corporate ownership structure and performance

1990 • 607 citations

The Visible Hand: The Managerial Revolution in American Business

1979 • 579 citations

The stock market's valuation of R&D investment during the 1980's

1993 • 567 citations

The effects of leveraged buyouts on productivity and related aspects of firm behavior

1990 • 536 citations

The Evolution of Buyout Pricing and Financial Structure in the 1980s

1993 • 469 citations

Going Private: Minority Freezeouts and Stockholder Wealth

1984 • 444 citations

The distribution of power among corporate managers, shareholders, and directors

1988 • 438 citations

Capital structure and firm response to poor performance

1993 • 423 citations

Shareholder Passivity Reexamined

1990 • 418 citations

CORPORATE CONTROL AND THE POLITICS OF FINANCE

1991 • 410 citations

The Great Merger Movement in American Business, 1895–1904

1985 • 391 citations

Executive compensation and executive incentive problems

1987 • 383 citations

Relative Performance Evaluation for Chief Executive Officers

1990 • 300 citations

Exit

1985 • 279 citations

Event risk, covenants, and bondholder returns in leveraged buyouts

1990 • 260 citations

Corporate financial policy and corporate control

1988 • 253 citations

Reinventing the Outside Director: An Agenda for Institutional Investors

1991 • 249 citations

The Economic Report of the President

1974 • 241 citations

Organizational changes and value creation in leveraged buyouts

1989 • 231 citations

A Political Theory of American Corporate Finance

1991 • 211 citations

Proxy contests and the governance of publicly held corporations

1989 • 193 citations

Consequences of leveraged buyouts

1990 • 189 citations

Voucher privatization

1994 • 180 citations

Reversions of Excess Pension Assets after Takeovers

1990 • 180 citations

Capital market myopia

1985 • 151 citations

Introduction to Law and Economics

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1992 • 128 citations

Subordination of American capital

1990 • 111 citations

Contrived Competition

1994 • 102 citations

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1994 • 99 citations

Management Buyouts: Evidence on Taxes as a Source of Value

1989 • 98 citations

Proxy voting and the SEC

1991 • 91 citations

The Value and Performance of U.S. Corporations

1993 • 90 citations

Do union wealth concessions explain takeover premiums?

1990 • 88 citations

The Agency Costs of Free Cash Flow: Acquisition Activity and Equity Issues

1991 • 82 citations

Voluntary restructuring

1990 • 81 citations

The collapse of First Executive Corporation junk bonds, adverse publicity, and the ‘run on the bank’ phenomenon

1994 • 71 citations

Monitoring an owner The case of Turner broadcasting

1991 • 54 citations

Effects of LBOs on Tax Revenues of the U.S. Treasury

2000 • 48 citations

WHAT REALLY WENT WRONG AT REVCO?

1991 • 29 citations

Optimal Sequential Investment When Capital is Not Readily Reversible

1982 • 28 citations

Managing Maturing Businesses: Restructuring Declining Industries and Revitalizing Troubled Operations

1988 • 17 citations

Toward remedying the underinvestment problem : competitiveness, real options, capabilities, and TQM

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Coxey's Army: A Study of the Industrial Army Movement of 1894

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