7.0(top 5%)
impact factor
3.5K(top 5%)
papers
792.7K(top 1%)
citations
416(top 1%)
h-index
7.1(top 5%)
impact factor
4.2K
all documents
1.1M
doc citations
772(top 0.1%)
g-index

Top Articles

#TitleJournalYearCitations
1Theory of the firm: Managerial behavior, agency costs and ownership structureJournal of Financial Economics197646,269
2Common risk factors in the returns on stocks and bondsJournal of Financial Economics199321,250
3Corporate financing and investment decisions when firms have information that investors do not haveJournal of Financial Economics198413,726
4Determinants of corporate borrowingJournal of Financial Economics19779,625
5Management ownership and market valuationJournal of Financial Economics19885,698
6Industry costs of equityJournal of Financial Economics19975,280
7Higher market valuation of companies with a small board of directorsJournal of Financial Economics19965,165
8Using daily stock returnsJournal of Financial Economics19855,152
9Bid, ask and transaction prices in a specialist market with heterogeneously informed tradersJournal of Financial Economics19854,850
10A five-factor asset pricing modelJournal of Financial Economics20154,843
11An equilibrium characterization of the term structureJournal of Financial Economics19774,796
12Investor protection and corporate governanceJournal of Financial Economics20004,757
13Option pricing: A simplified approachJournal of Financial Economics19794,710
14Option pricing when underlying stock returns are discontinuousJournal of Financial Economics19764,559
15The relationship between return and market value of common stocksJournal of Financial Economics19814,470
16The separation of ownership and control in East Asian CorporationsJournal of Financial Economics20004,270
17The theory and practice of corporate finance: evidence from the fieldJournal of Financial Economics20014,205
18Asset pricing and the bid-ask spreadJournal of Financial Economics19864,081
19Earnings management and investor protection: an international comparisonJournal of Financial Economics20034,081
20Women in the boardroom and their impact on governance and performance☆Journal of Financial Economics20093,651
21Outside directors and CEO turnoverJournal of Financial Economics19883,552
22Expected stock returns and volatilityJournal of Financial Economics19873,450
23The market for corporate controlJournal of Financial Economics19833,423
24Corporate governance, chief executive officer compensation, and firm performance1The financial support of Nomura Securities and Ernst & Young LLP is gratefully acknowledged. We appreciate the able research assistance of Dan Nunn. We acknowledge the helpful comments of Abbie Smith (the referee), Kevin Murphy, and workshop participants at Columbia University, the University of California – Los Angeles, the University of Colorado – Boulder, Harvard University, George Washington University, Massachusetts InstitJournal of Financial Economics19993,416
25Additional evidence on equity ownership and corporate valueJournal of Financial Economics19903,372
26Business conditions and expected returns on stocks and bondsJournal of Financial Economics19893,258
27A model of investor sentiment1We are grateful to the NSF for financial support, and to Oliver Blanchard, Alon Brav, John Campbell (a referee), John Cochrane, Edward Glaeser, J.B. Heaton, Danny Kahneman, David Laibson, Owen Lamont, Drazen Prelec, Jay Ritter (a referee), Ken Singleton, Dick Thaler, an anonymous referee, and the editor, Bill Schwert, for comments.1Journal of Financial Economics19983,195
28Law, finance, and economic growth in ChinaJournal of Financial Economics20053,120
29How do family ownership, control and management affect firm value?Journal of Financial Economics20063,044
30The investment opportunity set and corporate financing, dividend, and compensation policiesJournal of Financial Economics19923,015
31Market efficiency, long-term returns, and behavioral finance1The comments of Brad Barber, David Hirshleifer, S.P. Kothari, Owen Lamont, Mark Mitchell, Hersh Shefrin, Robert Shiller, Rex Sinquefield, Richard Thaler, Theo Vermaelen, Robert Vishny, Ivo Welch, and a referee have been helpful. Kenneth French and Jay Ritter get special thanks.1Journal of Financial Economics19982,944
32The ultimate ownership of Western European corporationsJournal of Financial Economics20022,907
33The law and economics of self-dealingJournal of Financial Economics20082,902
34Dividend yields and expected stock returnsJournal of Financial Economics19882,848
35The determinants and implications of corporate cash holdingsJournal of Financial Economics19992,792
36Managerial discretion and optimal financing policiesJournal of Financial Economics19902,766
37Measuring security price performanceJournal of Financial Economics19802,584
38The great reversals: the politics of financial development in the twentieth centuryJournal of Financial Economics20032,574
39On financial contractingJournal of Financial Economics19792,513
40On estimating the expected return on the marketJournal of Financial Economics19802,506
41The information content of stock markets: why do emerging markets have synchronous stock price movements?Journal of Financial Economics20002,496
42Diversification's effect on firm valueJournal of Financial Economics19952,491
43Finance and the sources of growthJournal of Financial Economics20002,438
44A critique of the asset pricing theory's tests Part I: On past and potential testability of the theoryJournal of Financial Economics19772,433
45Estimating betas from nonsynchronous dataJournal of Financial Economics19772,385
46Bank governance, regulation and risk takingJournal of Financial Economics20092,369
47The valuation of options for alternative stochastic processesJournal of Financial Economics19762,362
48Disappearing dividends: changing firm characteristics or lower propensity to pay?Journal of Financial Economics20012,347
49Detecting long-run abnormal stock returns: The empirical power and specification of test statisticsJournal of Financial Economics19972,314
50Managerial incentives and risk-taking☆Journal of Financial Economics20062,313