1.
Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure
Michael C. Jensen, A THEORY OF THE FIRM: GOVERNANCE, RESIDUAL CLAIMS AND ORGANIZATIONAL FORMS, Harvard University Press, December 2000, Journal of Financial Economics (JFE), Vol. 3, No. 4, 1976
Number of pages: 78
Posted: 19 Jul 1998
Last Revised: 11 Apr 2022
Accepted Paper Series
Harvard University - Business School (HBS) and Simon School, University of Rochester (Deceased)
Downloads
167,154
2.
Separation of Ownership and Control
Michael C. Jensen, FOUNDATIONS OF ORGANIZATIONAL STRATEGY, Harvard University Press, 1998, and Journal of Law and Economics, Vol. 26, June 1983
Number of pages: 32
Posted: 29 Nov 1998
Accepted Paper Series
University of Chicago - Finance and Harvard University - Business School (HBS)
Downloads
45,599
3.
Corporate Governance and Control
Number of pages: 128
Posted: 31 Oct 2002
Working Paper Series
Solvay Brussels School of Economics and Management (ULB), Imperial College London and Columbia University, School of International and Public Affairs
Downloads
42,888
4.
Taxes, Financing Decisions, and Firm Value
Center for Research in Security Prices (CRSP) Working Paper No.
Number of pages: 34
Posted: 01 Feb 1997
Working Paper Series
University of Chicago - Finance and Dartmouth College - Tuck School of Business
There are 2 versions of this paper
Taxes, Financing Decisions, and Firm Value
Center for Research in Security Prices (CRSP) Working Paper No.
Number of pages: 34
Posted: 01 Feb 1997
Downloads
27,743
Downloads
27,743
5.
WACC: Definition, Misconceptions and Errors
Number of pages: 8
Posted: 05 Jun 2010
Last Revised: 28 Apr 2023
Working Paper Series
IESE Business School
Downloads
25,058
6.
Optimal Capital Allocation Using RAROC and EVA
Journal of Financial Intermediation, Forthcoming
Number of pages: 44
Posted: 11 Sep 1998
Accepted Paper Series
Vienna University of Economics and Business and Vienna University of Economics and Business
There are 2 versions of this paper
Optimal Capital Allocation Using RAROC and EVA
Journal of Financial Intermediation, Forthcoming
Number of pages: 44
Posted: 11 Sep 1998
Downloads
24,514
Downloads
24,514
7.
A Simplified Perspective of the Markowitz Portfolio Theory
Global Journal of Business Research, v. 7 (1) pp. 59-70, 2013
Number of pages: 12
Posted: 29 Jan 2013
Accepted Paper Series
Swiss Management Centre University (Switzerland)
Downloads
23,535
8.
Squaring Venture Capital Valuations with Reality
Journal of Financial Economics (JFE), Forthcoming
Number of pages: 57
Posted: 22 Apr 2017
Last Revised: 10 Dec 2019
Accepted Paper Series
University of British Columbia (UBC) - Division of Finance and Stanford University - Graduate School of Business
There are 2 versions of this paper
Squaring Venture Capital Valuations with Reality
Journal of Financial Economics (JFE), Forthcoming
Number of pages: 57
Posted: 22 Apr 2017
Last Revised: 10 Dec 2019
Downloads
23,485
Squaring Venture Capital Valuations with Reality
NBER Working Paper No. w23895
Number of pages: 59
Posted: 09 Oct 2017
Last Revised: 17 Apr 2022
Downloads
436
Downloads
23,485
9.
Managerial Compensation and Capital Structure Under Asymmetric Information
Number of pages: 27
Posted: 02 Mar 2007
Working Paper Series
University of Warwick - Finance Group
There are 2 versions of this paper
Managerial Compensation and Capital Structure Under Asymmetric Information
Number of pages: 27
Posted: 02 Mar 2007
Downloads
23,172
Downloads
23,172
10.
Eclipse of the Public Corporation
HARVARD BUSINESS REVIEW (Sept.-Oct. 1989), revised 1997.
Number of pages: 31
Posted: 03 May 1999
Working Paper Series
Harvard University - Business School (HBS)
Downloads
20,900
11.
Trade-Off and Pecking Order Theories of Debt
Number of pages: 85
Posted: 22 Feb 2005
Last Revised: 11 Dec 2007
Working Paper Series
University of Minnesota and Hong Kong University of Science and Technology
Downloads
20,846
12.
What is Corporate Law?
Yale Law & Economics Research Paper No. 300
Number of pages: 21
Posted: 27 Jul 2004
Last Revised: 26 Jan 2017
Accepted Paper Series
Yale University - Law School and Harvard Law School
Downloads
20,479
13.
International Corporate Governance
Number of pages: 62
Posted: 30 Jul 2002
Working Paper Series
University of Pittsburgh - Katz School of Business and Purdue University
Downloads
20,067
14.
Venture Capital and Private Equity: A Course Overview
Number of pages: 48
Posted: 23 Apr 1998
Working Paper Series
Harvard Business School - Finance Unit
Downloads
19,841
15.
The Illusory Promise of Stakeholder Governance
Cornell Law Review, Volume 106, 2020, pp. 91-178, Harvard Law School John M. Olin Center Discussion Paper No.1052, Harvard Law School Program on Corporate Governance Working Paper 2020-1
Number of pages: 81
Posted: 27 Feb 2020
Last Revised: 03 Mar 2023
Accepted Paper Series
Harvard Law School and Harvard Law School
Downloads
19,514
16.
The Effects of Mandatory ESG Disclosure Around the World
Journal of Accounting Research, forthcoming, Swiss Finance Institute Research Paper No. 21-44, European Corporate Governance Institute – Finance Working Paper No. 754/2021, HKU Jockey Club Enterprise Sustainability Global Research Institute - Archive
Number of pages: 75
Posted: 26 Apr 2021
Last Revised: 25 Oct 2024
Accepted Paper Series
University of Geneva - Geneva Finance Research Institute (GFRI), University of Zurich - Department of Finance, The University of Hong Kong - Faculty of Business and Economics and The University of Western Australia - UWA Business School
There are 2 versions of this paper
The Effects of Mandatory ESG Disclosure Around the World
Journal of Accounting Research, forthcoming, Swiss Finance Institute Research Paper No. 21-44, European Corporate Governance Institute – Finance Working Paper No. 754/2021, HKU Jockey Club Enterprise Sustainability Global Research Institute - Archive
Number of pages: 75
Posted: 26 Apr 2021
Last Revised: 25 Oct 2024
Downloads
18,620
The Effects of Mandatory ESG Disclosure Around the World
Journal of Accounting Research, Volume 62, Issue 5. Pp. 1795-1847, https://doi.org/10.1111/1475-679X.12548
Posted: 18 Dec 2024
Downloads
18,620
17.
WACC: definición, interpretaciones equivocadas y errores (WACC: Definition and Errors)
Number of pages: 9
Posted: 03 Jul 2010
Last Revised: 13 Oct 2019
Working Paper Series
IESE Business School
Downloads
18,521
18.
Why and How Investors Use ESG Information: Evidence from a Global Survey
Financial Analysts Journal, 2018, Volume 74 Issue 3, pp. 87-103.
Number of pages: 41
Posted: 02 Mar 2017
Last Revised: 06 Feb 2020
Working Paper Series
University of Oxford - Said Business School and Harvard Business School
Downloads
18,520
19.
Understanding CVA, DVA, and FVA: Examples of Interest Rate Swap Valuation
Number of pages: 38
Posted: 18 Oct 2014
Last Revised: 15 Jul 2015
Working Paper Series
Boston University - Department of Finance & Economics
Downloads
17,219
20.
Agency Problems and Residual Claims
Michael C. Jensen, FOUNDATIONS OF ORGANIZATIONAL STRATEGY, Harvard University Press, 1998; Journal of Law & Economics, Vol. 26, June 1983
Number of pages: 30
Posted: 29 Nov 1998
Accepted Paper Series
University of Chicago - Finance and Harvard University - Business School (HBS)
Downloads
17,083
21.
The Theory and Practice of Corporate Finance: Evidence from the Field
Number of pages: 48
Posted: 12 Apr 2000
Working Paper Series
Duke University and Duke University - Fuqua School of Business
Downloads
16,594
22.
The Essential Elements of Corporate Law
Oxford Legal Studies Research Paper No. 20/2009, Yale Law, Economics & Public Policy Research Paper No. 387, Harvard Law and Economics Research Paper No. 643, Harvard Public Law Working Paper No. 09-39, European Corporate Governance Institute (ECGI) - Law Working Paper No. 134/2009
Number of pages: 37
Posted: 21 Jul 2009
Last Revised: 10 Dec 2018
Accepted Paper Series
University of Oxford - Faculty of Law, Yale University - Law School and Harvard Law School
Downloads
16,117
23.
Theory of Capital Structure - a Review
FRIHET OG MANGFOLD, FESTSSKRIFT TIL ODD, G. Arntzen. L. Fallan & O. Gustafsson, eds., Trondheim: Tapir/TØH, Tapir Academic Press, NO-7005 Trondheim, Norway
Number of pages: 41
Posted: 17 Jun 2004
Last Revised: 28 Jan 2011
Accepted Paper Series
Norwegian University of Science and Technology (NTNU)
Downloads
16,039
24.
The Long-Term Effects of Hedge Fund Activism
Harvard Law School John M. Olin Center Discussion Paper No. 802, Columbia Law Review, Vol. 115, 2015, pp. 1085-1156, Columbia Business School Research Paper No. 13-66
Number of pages: 77
Posted: 07 Aug 2013
Last Revised: 02 Jul 2015
Accepted Paper Series
Harvard Law School, Duke University - Fuqua School of Business and Emory University Goizueta Business School
There are 2 versions of this paper
The Long-Term Effects of Hedge Fund Activism
Harvard Law School John M. Olin Center Discussion Paper No. 802, Columbia Law Review, Vol. 115, 2015, pp. 1085-1156, Columbia Business School Research Paper No. 13-66
Number of pages: 77
Posted: 07 Aug 2013
Last Revised: 02 Jul 2015
Downloads
15,902
The Long-Term Effects of Hedge Fund Activism
NBER Working Paper No. w21227
Number of pages: 85
Posted: 08 Jun 2015
Last Revised: 24 Jul 2022
Downloads
328
Downloads
15,902
25.
CAPM: An Absurd Model
Number of pages: 17
Posted: 07 Oct 2014
Last Revised: 28 Apr 2023
Working Paper Series
IESE Business School
Downloads
15,400
26.
Crowdfunding: Tapping the Right Crowd
Journal of Business Venturing, 2014, 29(5), 585-609, CORE Discussion Paper No. 2011/32
Number of pages: 45
Posted: 30 Mar 2010
Last Revised: 02 Jul 2014
Accepted Paper Series
CORE/LIDAM, UCLouvain (Université Catholique de Louvain), Rotterdam School of Management, Erasmus University and SKEMA Business School
There are 2 versions of this paper
Crowdfunding: Tapping the Right Crowd
Journal of Business Venturing, 2014, 29(5), 585-609, CORE Discussion Paper No. 2011/32
Number of pages: 45
Posted: 30 Mar 2010
Last Revised: 02 Jul 2014
Downloads
15,372
Crowdfunding: Tapping the Right Crowd
Journal of Business Venturing, 2014, 29(5), 585-609.
Number of pages: 45
Posted: 12 May 2011
Last Revised: 02 Nov 2014
Downloads
2,470
Downloads
15,372
27.
A Review of Empirical Capital Structure Research and Directions for the Future
Annual Review of Financial Economics, Vol. 3, 2011
Number of pages: 59
Posted: 22 Dec 2010
Last Revised: 24 Oct 2011
Working Paper Series
Duke University and Washington University in St. Louis - Olin Business School
There are 2 versions of this paper
A Review of Empirical Capital Structure Research and Directions for the Future
Annual Review of Financial Economics, Vol. 3, 2011
Number of pages: 59
Posted: 22 Dec 2010
Last Revised: 24 Oct 2011
Downloads
14,535
A Review of Empirical Capital Structure Research and Directions for the Future
Annual Review of Financial Economics, Vol. 3, pp. 309-345, 2011
Posted: 10 Jan 2012
Downloads
14,535
28.
Corporate Social Responsibility and Sustainable Finance: A Review of the Literature
European Corporate Governance Institute – Finance Working Paper No. 701/2020, This paper will appear in the Oxford Research Encyclopedia of Economics and Finance.
Number of pages: 43
Posted: 24 Sep 2020
Last Revised: 28 Sep 2020
Working Paper Series
Singapore Management University - Lee Kong Chian School of Business and Tilburg University - Department of Finance
Downloads
14,278
29.
How Important is Corporate Governance?
Number of pages: 77
Posted: 28 Sep 2004
Working Paper Series
Stanford Graduate School of Business, London Business School and London Business School
Downloads
14,254
30.
Counterproductive Sustainable Investing: The Impact Elasticity of Brown and Green Firms
Number of pages: 69
Posted: 17 Feb 2023
Last Revised: 05 Oct 2024
Working Paper Series
Boston College - Carroll School of Management and Yale School of Management
Downloads
13,582
31.
Shareholder Activism and Corporate Governance in the United States
As published in The New Palgrave Dictionary of Economics and the Law, vol. 3, pp. 459-465, 1998
Number of pages: 20
Posted: 05 Dec 1997
Accepted Paper Series
Downloads
12,809
32.
Does Corporate Governance Predict Firms' Market Values? Evidence from Korea
post-publication version, published in Journal of Law, Economics, and Organization, Vol. 22, No. 2, Fall 2006, European Corporate Governance Institute (ECGI) - Finance Working Paper No. 86/2005, KDI School of Pub Policy & Management Paper No. 02-04, McCombs Research Paper Series No. 02-05, Stanford Law and Economics Olin Working Paper No. 237, U of Texas law, Law and Econ Research Paper No. 26
Number of pages: 72
Posted: 20 Jan 2005
Last Revised: 20 Nov 2018
Accepted Paper Series
Northwestern University - Pritzker School of Law, Korea University - Department of Finance and Korea University Business School
There are 3 versions of this paper
Does Corporate Governance Predict Firms' Market Values? Evidence from Korea
post-publication version, published in Journal of Law, Economics, and Organization, Vol. 22, No. 2, Fall 2006, European Corporate Governance Institute (ECGI) - Finance Working Paper No. 86/2005, KDI School of Pub Policy & Management Paper No. 02-04, McCombs Research Paper Series No. 02-05, Stanford Law and Economics Olin Working Paper No. 237, U of Texas law, Law and Econ Research Paper No. 26
Number of pages: 72
Posted: 20 Jan 2005
Last Revised: 20 Nov 2018
Downloads
12,734
Does Corporate Governance Predict Firms' Market Values? Evidence from Korea
nearly final pre-publication version, published in Journal of Law, Economics & Organization 22, 366-413 (2006)
Number of pages: 73
Posted: 29 Jun 2012
Last Revised: 11 Jul 2012
Downloads
293
Does Corporate Governance Predict Firms' Market Values? Evidence from Korea
The Journal of Law, Economics, and Organization, Vol. 22, Issue 2, pp. 366-413, 2006
Posted: 29 Feb 2008
Downloads
12,734
33.
Valuation for Mergers, Buyouts and Restructuring
VALUATION FOR MERGERS, BUYOUTS AND RESTRUCTURING, John Wiley & Sons, New York, 2004
Number of pages: 14
Posted: 31 Jul 2004
Accepted Paper Series
Columbia University - Columbia Business School, Finance
Downloads
12,677
34.
Corporate Governance, Corporate Ownership, and the Role of Institutional Investors: A Global Perspective
Weinberg Center for Corporate Governance Working Paper No. 2003-01
Number of pages: 47
Posted: 27 Sep 2003
Working Paper Series
University of Georgia - Department of Finance and University of Texas at Austin - Department of Finance
There are 2 versions of this paper
Corporate Governance, Corporate Ownership, and the Role of Institutional Investors: A Global Perspective
Weinberg Center for Corporate Governance Working Paper No. 2003-01
Number of pages: 47
Posted: 27 Sep 2003
Downloads
12,569
Corporate Governance, Corporate Ownership, and the Role of Institutional Investors: A Global Perspective
Number of pages: 19
Posted: 10 Jan 2005
Downloads
3,810
Downloads
12,569
35.
Growth, Beta and Agency Costs as Determinants of Dividend Payout Ratios
Journal of Financial Research, Vol. 5, No. 3, pp. 249-259, Fall 1982
Number of pages: 11
Posted: 19 Oct 2005
Accepted Paper Series
SUNY at Buffalo - Department of Financial & Managerial Economics
Downloads
12,529
36.
Pay Without Performance: Overview of the Issues
Journal of Corporation Law, Vol. 30, No. 4, pp. 647-673, 2005, Journal of Applied Corporate Finance, Vol. 17, No. 4, pp. 8-22, 2005, Academy of Management Perspectives, pp. 5-24, February 2006, Harvard Law and Economics Discussion Paper No. 528
Number of pages: 16
Posted: 19 Jul 2005
Last Revised: 28 Apr 2009
Accepted Paper Series
Harvard Law School and Harvard Law School
Downloads
12,158
37.
The Case for Increasing Shareholder Power
Harvard Law Review, Vol. 118, No. 3, pp. 833-914, January 2005, Harvard Law and Economics Discussion Paper No. 500
Number of pages: 82
Posted: 17 Mar 2003
Last Revised: 28 Apr 2009
Accepted Paper Series
Harvard Law School
Downloads
12,076
38.
Performance Pay and Top Management Incentives
Michael C. Jensen, FOUNDATIONS OF ORGANIZATIONAL STRATEGY, Harvard University Press, 1998
Number of pages: 50
Posted: 08 Mar 2001
Accepted Paper Series
University of Southern California - Marshall School of Business and Harvard University - Business School (HBS)
Downloads
11,929
39.
Capital Structure Decisions
Number of pages: 56
Posted: 28 May 2003
Working Paper Series
University of Minnesota and Hong Kong University of Science and Technology
Downloads
11,891
40.
ESG Shareholder Engagement and Downside Risk
Review of Finance, Forthcoming, AFA 2018 paper, European Corporate Governance Institute – Finance Working Paper No. 671/2020, Swiss Finance Institute Research Paper No. 23-77
Number of pages: 55
Posted: 25 Nov 2016
Last Revised: 25 Oct 2023
Working Paper Series
Smurfit Graduate Business School, University College Dublin, University of Reading - ICMA Centre, University of Zurich - Department of Finance, University of Texas at Austin - Department of Finance and University of Oxford
Downloads
11,738
41.
Compensation and Incentives: Practice vs. Theory
Michael C. Jensen, FOUNDATIONS OF ORGANIZATIONAL STRATEGY, Harvard University Press, 1998; Journal of Finance, Vol. 63, No. 3, pp. 593-616, July 1998
Number of pages: 38
Posted: 24 Sep 1998
Accepted Paper Series
HBS Negotiations, Organizations and Markets Unit, Harvard University - Business School (HBS) and University of Southern California - Marshall School of Business
Downloads
11,654
42.
Cross Currency Swap Theory & Practice - An Illustrated Step-by-Step Guide of How to Price Cross Currency Swaps and Calculate the Basis Spread
Number of pages: 26
Posted: 12 Nov 2018
Last Revised: 28 Mar 2019
Working Paper Series
University of Oxford - Said Business School
Downloads
11,429
43.
Discounted Cash Flow Valuation Methods: Examples of Perpetuities, Constant Growth and General Case
Number of pages: 20
Posted: 14 Jun 2005
Last Revised: 28 Apr 2023
Working Paper Series
IESE Business School
Downloads
11,321
44.
Integrated Risk Management for the Firm: A Senior Manager's Guide
Number of pages: 39
Posted: 26 Feb 2002
Working Paper Series
Claremont McKenna College - Robert Day School of Economics and Finance
Downloads
11,186
45.
Competition and Crisis in Mortgage Securitization
Indiana Law Journal, Vol. 88, p.213, (2013)
Number of pages: 59
Posted: 10 Sep 2011
Last Revised: 22 Sep 2013
Accepted Paper Series
University of Southern California Gould School of Law
There are 2 versions of this paper
Competition and Crisis in Mortgage Securitization
Indiana Law Journal, Vol. 88, p.213, (2013)
Number of pages: 59
Posted: 10 Sep 2011
Last Revised: 22 Sep 2013
Downloads
11,179
Competition and Crisis in Mortgage Securitization
Canadian Law & Economics Association Conference, September 2011
Number of pages: 54
Posted: 02 Oct 2011
Last Revised: 11 Jan 2012
Downloads
928
Downloads
11,179
46.
Distressed Firm and Bankruptcy Prediction in an International Context: A Review and Empirical Analysis of Altman's Z-Score Model
Number of pages: 47
Posted: 11 Dec 2014
Working Paper Series
New York University (NYU) - Salomon Center, Warsaw School of Economics, Institute of Finance, University of Vaasa - Department of Accounting and Finance and University of Vaasa - Department of Accounting and Finance
Downloads
10,966
47.
Risk Management Failures: What are They and When do They Happen?
Fisher College of Business Working Paper No. 2008-03-017, Charles A. Dice Center Working Paper No. 2008-18
Number of pages: 25
Posted: 06 Oct 2008
Working Paper Series
Ohio State University (OSU) - Department of Finance
Downloads
10,912
48.
From State to Market: A Survey of Empirical Studies on Privatization
Number of pages: 88
Posted: 04 Apr 2001
Accepted Paper Series
Department of Finance and University of Oklahoma
Downloads
10,740
49.
Firm-level Climate Change Exposure
Journal of Finance, Forthcoming, European Corporate Governance Institute – Finance Working Paper No. 686/2020
, TRR 266 Accounting for Transparency Working Paper Series No. 33
Number of pages: 108
Posted: 13 Jul 2020
Last Revised: 21 Jun 2023
Accepted Paper Series
University of Zurich - Department of Finance, Frankfurt School of Finance and Management, Frankfurt School of Finance & Management and The University of Hong Kong
Downloads
10,674
50.
Corporate Governance: Effects on Firm Performance and Economic Growth
Number of pages: 41
Posted: 22 Sep 2000
Working Paper Series
Organization for Economic Co-Operation and Development (OECD) - Economics Department (ECO) and Jonkoping University
There are 2 versions of this paper
Corporate Governance: Effects on Firm Performance and Economic Growth
Number of pages: 41
Posted: 22 Sep 2000
Downloads
10,651
Corporate Governance: Effects on Firm Performance and Economic Growth
CONVERGENCE AND DIVERSITY OF CORPORATE GOVERNANCE REGIMES AND CAPITAL MARKETS, L. Renneboog, J. McCahery, P. Moerland and T. Raaijmakers, eds., Oxford Univ. Press, 2000
Posted: 02 Nov 2000
Downloads
10,651
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