The Journal of Financial Economics, Hall of Fame, Volumes 1-111, 1974-2012*
Title
V
N
Date
PB
PE
Authors
Citations/
Year
Risk and return: The case of merging firms
1
4
Dec-74
303
336
G. Mandelker
7.5
The effects of dividend yield and dividend policy on common stock prices and returns
1
1
May-74
1
22
F. Black, M.S. Scholes
6.2
Price performance of common stock new issues
2
3
Sep-75
235
272
R.G. Ibbotson
6.3
Optimal rules for ordering uncertain prospects
2
1
Mar-75
95
121
V.S. Bawa
4.8
Theory of the firm: Managerial behavior, agency costs and ownership structure
3
4
Oct-76
305
360
M.C. Jensen, W.H. Meckling
195.8
Option pricing when underlying stock returns are discontinuous
3
1
Jan-76
125
144
R.C. Merton
24.9
The valuation of options for alternative stochastic processes
3
1
Jan-76
145
166
J.C. Cox, S.A. Ross
18.6
The pricing of commodity contracts
3
1
Jan-76
167
179
F. Black
16.7
A critique of the asset pricing theory's tests: Part I: On past and potential testability of the theory
4
2
Mar-77
129
176
R. Roll
18.7
Options: A Monte Carlo approach
4
3
May-77
323
338
P.P. Boyle
5.4
Determinants of corporate borrowing
5
2
Nov-77
147
176
S.C. Myers
44.1
An equilibrium characterization of the term structure
5
2
Nov-77
177
188
O.A. Vasicek
29.6
Estimating betas from nonsynchronous data
5
3
Dec-77
309
328
M.S. Scholes, J. Williams
21.4
Asset returns and inflation
5
2
Nov-77
115
146
E.F. Fama, G.W. Schwert
15.0
Some anomalous evidence regarding market efficiency
6
2
Jun-78
95
102
M.C. Jensen
5.9
Anomalies in relationships between securities yields and yield surrogates
6
2
Jun-78
103
126
R. Ball
4.3
Option pricing: A simplified approach
7
3
Sep-79
229
264
J.C. Cox, S.A. Ross, M. Rubinstein
27.4
On financial contracting: An analysis of bond covenants
7
2
Jun-79
117
162
C.W. Smith, J.B. Warner
20.2
An intertemporal asset pricing model with stochastic consumption and investment opportunities
7
3
Sep-79
265
296
D.T. Breeden
18.3
Risk measurement when shares are subject to infrequent trading
7
2
Jun-79
197
226
E. Dimson
13.1
Measuring security price performance
8
3
Sep-80
205
258
S.J. Brown, J.B. Warner
18.9
On estimating the expected return on the market: An exploratory investigation
8
4
Dec-80
323
362
R.C. Merton
17.2
Optimal capital structure under corporate and personal taxation
8
1
Mar-80
3
30
H. DeAngelo, R.W. Masulis
12.6
The relationship between return and market value of common stocks
9
1
Mar-81
3
18
R.W. Banz
22.9
Misspecification of capital asset pricing: Empirical anomalies based on earnings' yields and market values
9
1
Mar-81
19
46
M.R. Reinganum
9.4
The stochastic behavior of common stock variances: Value, leverage and interest rate effects
10
4
Dec-82
407
432
A.A. Christie
12.4
Multivariate tests of financial models: A new approach
10
1
Mar-82
3
28
M.R. Gibbons
5.3
The market for corporate control: The scientific evidence
11
1
Mar-83
5
50
M.C. Jensen, R.S. Ruback
29.8
On corporate governance: A study of proxy contests
11
1
Mar-83
401
438
P. Dodd, J.B. Warner
10.1
Size-related anomalies and stock return seasonality: Further empirical evidence
12
1
Jun-83
13
32
D.B. Keim
12.9
Biases in computed returns: An application to the size effect
12
3
Oct-83
387
404
M.E. Blume, R.F. Stambaugh
6.9
Corporate financing and investment decisions when firms have information that investors do not have
13
2
Jun-84
187
222
S.C. Myers, S. Majluf
73.1
The effect of capital structure on a firm's liquidation decision
13
1
Mar-84
137
152
S. Titman
7.0
Using daily stock returns: The case of event studies
14
1
Mar-85
3
32
S.J. Brown, J.B. Warner
36.9
Bid, ask and transaction prices in a specialist market with heterogeneously informed traders
14
1
Mar-85
71
100
L.R. Glosten, P.R. Milgrom
33.4
Why new issues are underpriced
15
1
Jan-86
187
212
K. Rock
16.8
Investment banking, reputation, and the underpricing of initial public offerings
15
1
Jan-86
213
232
R.P. Beatty, J.R. Ritter
14.7
Equity issues and offering dilution
15
1
Jan-86
61
90
P. Asquith, D.W. Mullins
13.0
Valuation effects of security offerings and the issuance process
15
1
Jan-86
31
60
W.H. Mikkelson, M.M. Partch
11.2
Investment banking and the capital acquisition process
15
1
Jan-86
3
30
C.W. Smith
10.6
A transaction data study of weekly and intradaily patterns in stock returns
16
1
May-86
99
118
L.E. Harris
7.5
Insiders' profits, costs of trading, and market efficiency
16
2
Jun-86
189
212
H. Seyhun
7.2
Asset pricing and the bid-ask spread
17
2
Dec-86
223
250
Y. Amihud, H. Mendelson
25.0
Stock return variances: The arrival of information and the reaction of traders
17
1
Sep-86
5
26
K.R. French, R. Roll
15.1
Predicting returns in the stock and bond markets
17
2
Dec-86
357
390
D.B. Keim, R.F. Stambaugh
14.3
Stock returns and the term structure
18
2
Jun-87
373
400
J.Y. Campbell
17.4
The choice of organizational form: The case of franchising
18
2
Jun-87
401
420
J.A. Brickley, F.H. Dark
11.3
Expected stock returns and volatility
19
1
Sep-87
3
30
K.R. French, G.W. Schwert, R.F. Stambaugh
26.3
Price, trade size, and information in securities markets
19
1
Sep-87
69
90
D. Easley, M. O'Hara
15.0
Some evidence on the uniqueness of bank loans
19
2
Dec-87
217
236
C.M. James
13.9
Management ownership and market valuation: An empirical analysis
20
1
Mar-88
293
316
R. Morck, A. Shleifer, R.W. Vishny
42.7
Outside directors and CEO turnover
20
1
Mar-88
431
460
M.S. Weisbach
28.6
Managerial control of voting rights: Financing policies and the market for corporate control
20
1
Mar-88
25
54
R.M. Stulz
18.2
Stock prices and top management changes
20
1
Mar-88
461
492
J.B. Warner, R.L. Watts, K.H. Wruck
15.0
Ownership structure and voting on antitakeover amendments
20
1
Mar-88
267
292
J.A. Brickley, R.C. Lease, C.W. Smith
11.8
Synergistic gains from corporate acquisitions and their division between the stockholders of target and acquiring firms
21
1
May-88
3
40
M. Bradley, A. Desai, E.H. Kim
13.3
Estimating the components of the bid/ask spread
21
1
May-88
123
142
L.R. Glosten, L.E. Harris
11.6
Dividend yields and expected stock returns
22
1
Oct-88
3
26
E.F. Fama, K.R. French
22.1
Mean reversion in stock prices: Evidence and implications
22
1
Oct-88
27
60
J.M. Poterba, L.H. Summers
19.5
Signaling by underpricing in the IPO market
23
2
Aug-89
303
324
F. Allen, G.R. Faulhaber
9.5
Equity ownership concentration and firm value: Evidence from private equity financings
23
1
Jun-89
3
28
K.H. Wruck
6.7
How investment bankers determine the offer price and allocation of new issues
24
2
Oct-89
343
362
L.M. Benveniste, P.A. Spindt
12.2
The effects of management buyouts on operating performance and value
24
2
Oct-89
217
254
S.N. Kaplan
11.1
Business conditions and expected returns on stocks and bonds
25
1
Nov-89
23
50
E.F. Fama, K.R. French
26.7
Management entrenchment: The case of manager-specific investments
25
1
Nov-89
123
140
A. Shleifer, R.W. Vishny
11.5
Managerial discretion and optimal financing policies
26
1
Jul-90
3
27
R.M. Stulz
19.4
Outside directors, board independence, and shareholder wealth
26
2
Aug-90
175
191
S. Rosenstein, J.G. Wyatt
11.4
Additional evidence on equity ownership and corporate value
27
2
Oct-90
595
612
J.J. McConnell, H. Servaes
26.0
The structure and governance of venture-capital organizations
27
2
Oct-90
473
521
W.A. Sahlman
18.0
Bankruptcy, boards, banks, and blockholders: Evidence on changes in corporate ownership and control when firms default
27
2
Oct-90
355
387
S.C. Gilson
10.9
Troubled debt restructurings: An empirical study of private reorganization of firms in default
27
2
Oct-90
315
353
S.C. Gilson, K. John, L.H.P. Lang
10.4
The role of banks in reducing the costs of financial distress in Japan
27
1
Sep-90
67
88
T. Hoshi, A. Kashyap, D. Scharfstein
10.2
A comparative analysis of IPO proceeds under alternative regulatory environments
28
1
Nov-90
173
207
L.M. Benveniste, W.J. Wilhelm
3.2
Borrowing relationships, intermediation, and the cost of issuing public securities
28
1
Nov-90
149
171
C.M. James, P. Wier
2.6
The consumption of stockholders and nonstockholders
29
1
Mar-91
97
112
N.G. Mankiw, S.P. Zeldes
9.8
A test of the free cash flow hypothesis: The case of bidder returns
29
2
Oct-91
315
335
L.H.P. Lang, R.M. Stulz, R.A. Walkling
8.4
Event study methodology under conditions of event-induced variance
30
2
Dec-91
253
272
E. Boehmer, J. Musumeci, A.B. Poulsen
9.0
Market reaction to anticipated announcements
30
2
Dec-91
273
309
O. Kim, R.E. Verrecchia
5.2
No news is good news: An asymmetric model of changing volatility in stock returns
31
3
Jun-92
281
318
J.Y. Campbell, L. Hentschel
13.7
Does corporate performance improve after mergers?
31
2
Apr-92
135
175
P.M. Healy, K.G. Palepu, R.S. Ruback
10.1
The investment opportunity set and corporate financing, dividend, and compensation policies
32
3
Dec-92
263
292
C.W. Smith, R.L. Watts
30.0
Do outside directors monitor managers? Evidence from tender offer bids
32
2
Oct-92
195
221
J.W. Byrd, K.A. Hickman
12.0
The impact of institutional trading on stock prices
32
1
Aug-92
23
43
J. Lakonishok, A. Shleifer, R.W. Vishny
11.0
Common risk factors in the returns on stocks and bonds
33
1
Feb-93
3
56
E.F. Fama, K.R. French
130.0
Institutional trades and intraday stock price behavior
33
2
Apr-93
173
199
L.K.C. Chan, J. Lakonishok
6.4
Stealth trading and volatility: Which trades move prices?
34
3
Dec-93
281
305
M.J. Barclay, J.B. Warner
10.0
The underpricing of initial public offerings and the partial adjustment phenomenon
34
2
Oct-93
231
250
K.W. Hanley
7.6
Outside directors and the adoption of poison pills
35
3
Jun-94
371
390
J.A. Brickley, J.L. Coles, R.L. Terry
10.6
Venture capitalists and the decision to go public
35
3
Jun-94
293
316
J. Lerner
9.0
Appointments of outsiders to Japanese boards: Determinants and implications for managers
36
2
Oct-94
225
258
S.N. Kaplan, B.A. Minton
7.8
What do firms do with cash windfalls
36
3
Dec-94
337
360
O.J. Blanchard, F. Lopez-de-Silanes, A. Shleifer
5.3
Diversification's effect on firm value
37
1
Jan-95
39
65
P.G. Berger, E. Ofek
26.4
Corporate focus and stock returns
37
1
Jan-95
67
87
R. Comment, G.A. Jarrell
11.7
Executive compensation structure, ownership and firm performance
38
2
Jun-95
163
184
H. Mehran
13.4
Underperformance in long-run stock returns following seasoned equity offerings
38
3
Jul-95
243
267
D.K. Spiess, J. Affleck-Graves
9.3
Market underreaction to open market repurchases
39
2
Oct-95
181
208
D. Ikenberry, J. Lakonishok, T. Vermaelen
16.1
Do corporations award CEO stock options effectively?
39
2
Oct-95
237
269
D. Yermack
11.9
Poison or placebo? Evidence on the deterrence and wealth effects of modern antitakeover measures
39
1
Sep-95
3
43
R. Comment, G.W. Schwert
10.1
Higher market valuation of companies with a small board of directors
40
2
Feb-96
185
211
D. Yermack
39.3
Leverage, investment, and firm growth
40
1
Jan-96
3
29
L.H.P. Lang, E. Ofek, R.M. Stulz
9.4
Detecting abnormal operating performance: The empirical power and specification of test statistics
41
3
Jul-96
359
399
B.M. Barber, J.D. Lyon
18.9
Dealer versus auction markets: A paired comparison of execution costs on NASDAQ and the NYSE
41
3
Jul-96
313
357
R.D. Huang, H.R. Stoll
13.3
Market microstructure and asset pricing: On the compensation for illiquidity in stock returns
41
3
Jul-96
441
464
M.J. Brennan, A. Subrahmanyam
12.7
The impact of industry shocks on takeover and restructuring activity
41
2
Jun-96
193
229
M.L. Mitchell, J.H. Mulherin
11.7
Modeling the conditional distribution of interest rates as a regime-switching process
42
1
Sep-96
27
62
S.F. Gray
17.7
Grandstanding in the venture capital industry
42
1
Sep-96
133
156
P.A. Gompers
9.5
Industry costs of equity
43
2
Feb-97
153
193
E.F. Fama, K.R. French
50.2
Detecting long-run abnormal stock returns: The empirical power and specification of test statistics
43
3
Mar-97
341
372
B.M. Barber, J.D. Lyon
25.6
Emerging equity market volatility
43
1
Jan-97
29
77
G. Bekaert, C.R. Harvey
13.0
Measuring long-horizon security price performance
43
3
Mar-97
301
339
S.P. Kothari, J.B. Warner
10.6
Ownership and operating performance of companies that go public
44
3
Jun-97
281
307
W.H. Mikkelson, M.M. Partch, K. Shah
7.1
Book-to-market, dividend yield, and expected market returns: A time series analysis
44
2
May-97
169
203
S.P. Kothari, J. Shanken
5.9
Ownership structure and top executive turnover
45
2
Aug-97
193
221
D.J. Denis, D.K. Denis, A. Sarin
6.9
Market microstructure and securities values: Evidence from the Tel Aviv Stock Exchange
45
3
Sep-97
365
390
Y. Amihud, H. Mendelson, B. Lauterbach
5.4
Why is there a home bias? An analysis of foreign portfolio equity ownership in Japan
46
1
Oct-97
3
28
J.K. Kang, R Stulz
14.3
CEO turnover and outside succession: A cross-sectional analysis
46
2
Nov-97
165
197
R.F. Parrino
10.1
Venture capital and the structure of capital markets: Banks versus stock markets
47
3
Mar-98
243
277
B.S. Black, R.J. Gilson
13.4
Ownership structure, investment, and the corporate value: An empirical analysis
47
1
Jan-98
103
121
M.H. Cho
8.5
Larger board size and decreasing firm value in small firms
48
1
Apr-98
35
54
T. Eisenberg, S. Sundgren, M.T. Wells
12.2
The exercise and valuation of executive stock options
48
2
May-98
127
158
J.N. Carpenter
4.9
Market efficiency, long-term returns, and behavioral finance
49
3
Sep-98
283
306
E.F. Fama
39.7
A model of investor sentiment
49
3
Sep-98
307
343
N. Barberis, A. Shleifer, R. Vishny
33.7
Alternative factor specifications, security characteristics, and the cross-section of expected stock returns
49
3
Sep-98
345
373
M.J. Brennan, T. Chordia, A. Subrahmanyam
12.4
Earnings management and the underperformance of seasoned equity offerings
50
1
Oct-98
63
99
S.W. Teoh, I. Welch, T.J. Wong
17.7
The relation between implied and realized volatility
50
2
Nov-98
125
150
B.J. Christensen, N.R. Prabhala
9.7
Corporate governance, chief executive officer compensation, and firm performance
51
3
Mar-99
371
406
J.E. Core, R.W. Holthausen, D.F. Larcker
31.6
Testing static tradeoff against pecking order models of capital structure
51
2
Feb-99
219
244
L. Shyam-Sunder, S.C. Myers
13.9
The determinants and implications of corporate cash holdings
52
1
Apr-99
3
46
T. Opler, L. Pinkowitz, R. Stulz, R. Williamson
18.8
The motivation and impact of pension fund activism
52
3
Jun-99
293
340
D. Del Guercio, J. Hawkins
8.1
Understanding the determinants of managerial ownership and the link between ownership and performance
53
3
Sep-99
353
384
C.P. Himmelberg, R.G. Hubbard, D. Palia
26.2
The sensitivity of CEO wealth to equity risk: an analysis of the magnitude and determinants
53
1
Jul-99
43
71
W.R. Guay
11.8
Predictive regressions
54
3
Dec-99
375
421
R.F. Stambaugh
18.8
Do foreign investors destabilize stock markets? The Korean experience in 1997
54
2
Nov-99
227
264
H. Choe, B.C. Kho, R. Stulz
10.4
The investment behavior and performance of various investor types: A study of Finland's unique data set
55
1
Jan-00
43
67
M.S. Grinblatt, M. Keloharju
16.2
Uniformly least powerful tests of market efficiency
55
3
Mar-00
361
389
T. Loughran, J.R. Ritter
11.7
Commonality in liquidity
56
1
Apr-00
3
28
T. Chordia, R. Roll, A. Subrahmanyam
13.9
Is the abnormal return following equity issuances anomalous?
56
2
May-00
209
249
A. Brav, C. Geczy, P.A. Gompers
9.1
Corporate governance proposals and shareholder activism: The role of institutional investors
57
2
Aug-00
275
305
S.L. Gillan, L.T. Starks
13.1
Financial flexibility and the choice between dividends and stock repurchases
57
3
Sep-00
355
384
M. Jagannathan, C.P. Stephens, M.S. Weisbach
9.9
The separation of ownership and control in East Asian Corporations.
58
1
Oct-00
81
112
S. Claessens, S. Djankov, L.H.P. Lang
48.1
Investor protection and corporate governance
58
1
Oct-00
3
27
R. LaPorta, F. Lopez-de-Silanes, A. Shleifer, R. Vishny
45.5
Finance and the sources of growth
58
1
Oct-00
261
300
T. Beck, R. Levine, N. Loayza
25.5
The information content of stock markets: Why do emerging markets have synchronous stock price movements?
58
1
Oct-00
215
260
R. Morck, B. Yeung, W. Yu
23.7
Financial markets and the allocation of capital
58
1
Oct-00
187
214
J. Wurgler
17.0
Corporate governance in the Asian financial crisis
58
1
Oct-00
141
186
S. Johnson, P. Boone, A. Breach, E. Friedman
16.5
Common factors in prices, order flows, and liquidity
59
3
Mar-01
383
411
J. Hasbrouck, D.J. Seppi
11.0
The portfolio flows of international investors
59
2
Feb-01
151
193
K.A. Froot, P.G.J. O'Connell, M.S. Seasholes
10.6
The theory and practice of corporate finance: Evidence from the field
60
2
May-01
187
243
J.R. Graham, C.R. Harvey
41.4
Disappearing dividends: Changing firm characteristics or lower propensity to pay?
60
1
Apr-01
3
43
E.F. Fama, K.R. French
23.8
The distribution of stock return volatility
61
1
Jul-01
43
76
T.G. Andersen, T. Bollerslev, F.X. Diebold, H. Evans
25.6
Stealth trading: Which traders trades move prices?
61
2
Aug-01
289
307
S. Chakravarty
9.4
Does Delaware law improve firm value?
62
3
Dec-01
525
558
R.M. Daines
9.5
Understanding the determination of managerial ownership and its relationship to firm performance: Comment
62
3
Dec-01
559
571
X. Zhou
8.1
The jump-risk premia implicit in options: evidence from an integrated time-series study
63
1
Jan-02
3
50
J. Pan
24.7
Asymmetric correlations of equity portfolios
63
3
Mar-02
443
494
A. Ang, J. Chen
17.7
Expectation puzzles, time-varying risk premia, and affine models of the term structure
63
3
Mar-02
415
441
Q. Dai, K.J. Singleton
10.2
A cross-firm analysis of the impact of corporate governance on the East Asian financial crisis
64
2
May-02
215
241
T. Mitton
12.2
Industry growth and capital allocation:: Does having a market- or bank-based system matter?
64
2
May-02
147
180
T. Beck, R. Levine
10.3
The ultimate ownership of Western European corporations
65
3
Sep-02
365
395
M. Faccio, L.H.P. Lang
37.5
Order imbalance, liquidity, and market returns
65
1
Jul-02
111
130
T. Chordia, R. Roll, A. Subrahmanyam
10.5
The market for borrowing stock
66
2
Nov-02
271
306
G. D'Avolio
14.0
Investor protection and equity markets
66
1
Oct-02
3
27
A. Shleifer, D. Wolfenzon
13.2
Breadth of ownership and stock returns
66
2
Nov-02
171
205
J. Chen, H. Hong, J.C. Stein
12.6
Protection of minority shareholder interests, cross-listings in the United States, and subsequent equity offerings
66
1
Oct-02
65
104
W.A. Reese, M.S. Weisbach
12.5
Cronyism and capital controls: evidence from Malaysia
67
2
Feb-03
351
382
S. Johnson, T. Mitton
14.6
Testing the pecking order theory of capital structure
67
2
Feb-03
217
248
M.Z. Frank, V.K. Goyal
14.4
Founding family ownership and the agency cost of debt
68
2
May-03
263
285
R.C. Anderson, S.A. Mansi, D.M. Reeb
16.2
The value of corporate voting rights and control: A cross-country analysis
68
3
Jun-03
325
351
T. Nenova
16.2
Do liquidity measures measure liquidity?
92
2
May-09
152
181
R.Y. Goyenko, C.W. Holden, C.A. Trzcinka
14.3
Style investing
68
2
May-03
161
199
N. Barberis, A. Shleifer
11.8
Corporate governance and firm profitability: Evidence from Korea before the economic crisis
68
2
May-03
287
322
S.W. Joh
11.8
Earnings management and investor protection: An international comparison
69
3
Sep-03
505
527
C. Leuz, D. Nanda, P.D. Wysocki
43.7
The great reversals: The politics of financial development in the 20th Century
69
1
Jul-03
5
50
R.G. Rajan, L. Zingales
36.6
Stock market driven acquisitions
70
3
Dec-03
295
311
A. Shleifer, R.W. Vishny
21.8
Culture, openness, and finance
70
3
Dec-03
313
349
R.M. Stulz, R. Williamson
16.2
China share issue privatization: The extent of its success
70
2
Nov-03
183
222
Q. Sun, W.H.S. Tong
12.5
Law, endowments, and finance
70
2
Nov-03
137
181
T. Beck, A. Demirguc-Kunt, R. Levine
11.5
Why are foreign firms listed in the U.S. worth more?
71
2
Feb-04
205
238
C. Doidge, G.A. Karolyi, R.M. Stulz
26.0
Corporate governance and firm value: evidence from the Korean financial crisis
71
2
Feb-04
265
313
J.S. Baek, J.K. Kang, K.S. Park
10.5
The effects of government ownership on bank lending 
72
2
May-04
357
384
P. Sapienza
11.6
U.S. cross-listings and the private benefits of control: evidence from dual-class firms 
72
3
Jun-04
519
553
C. Doidge
9.5
Firm size and the gains from acquisitions
73
2
Aug-04
201
228
S.B. Moeller, F.P. Schlingemann, R.M. Stulz
23.5
New lists: Fundamentals and survival rates
73
2
Aug-04
229
269
E.F. Fama, K.R. French
9.5
An econometric model of serial correlation and illiquidity in hedge fund returns
74
3
Dec-04
529
609
M. Getmansky, A.W. Lo, I. Makarov
12.8
Cross-country determinants of mergers and acquisitions
74
2
Nov-04
277
304
S. Rossi, P. Volpin
12.6
Predicting returns with financial ratios
74
2
Nov-04
209
235
J. Lewellen
12.2
Managerial succession and firm performance
74
2
Nov-04
237
275
M.R. Huson, P.H. Malatesta, R. Parrino
10.8
Information content of equity analyst reports
75
2
Feb-05
245
282
P. Asquith, M.B. Mikhail, A.S. Au
19.2
The risk and return of venture capital
75
1
Jan-05
3
52
J.H. Cochrane
11.8
Can foreign firms bond themselves effectively by renting U.S. securities laws?
75
2
Feb-05
319
359
J. Siegel
10.9
Comovement
75
2
Feb-05
283
317
N. Barberis, A. Shleifer, J. Wurgler
10.7
Does function follow organizational form? Evidence from the lending practices of large and small banks
76
2
May-05
237
269
A.N. Berger, N.H. Miller, M.A. Petersen, R.G. Rajan, J.C. Stein
22.0
There is a risk-return tradeoff after all
76
3
Jun-05
509
548
E. Ghysels, P. Santa-Clara, R. Valkanov
13.5
Financing decisions: who issues stock?
76
3
Jun-05
549
582
E.F. Fama, K.R. French
10.5
Law, finance and economic growth in China
77
1
Jul-05
57
116
F. Allen, J. Qian, M. Qian
29.3
Asset pricing with liquidity risk
77
2
Aug-05
375
410
V.V. Acharya, L.H. Pedersen
28.4
Does financial liberalization spur growth?
77
1
Jul-05
3
55
G. Bekaert, C.R. Harvey, C. Lundblad
23.4
Payout policy in the 21st century
77
3
Sep-05
483
527
A Brav, J. Graham, R. Michaely, C.R. Harvey
23.2
Valuation waves and merger activity: The empirical evidence
77
3
Sep-05
561
603
M. Rhodes-Kropf, D.T. Robinson, S. Viswanathan
14.0
What drives merger waves?
77
3
Sep-05
529
560
J. Harford
12.7
Institutions, ownership and finance: The determinants of profit reinvestment among Chinese firms
77
1
Jul-05
117
146
R. Cull, L.C. Xu
10.7
The costs of entrenched boards
78
2
Nov-05
409
433
L.A. Bebchuk, A. Cohen
15.7
Short interest, institutional ownership, and stock returns
78
2
Nov-05
243
276
P. Asquith, P.A. Pathak, J.R. Ritter
11.4
Short sales, institutional investors, and the cross-section of stock returns
78
2
Nov-05
277
309
S. Nagel
10.7
Managerial incentives and risk-taking
79
2
Feb-06
431
468
J.L. Coles, N.D. Daniel, L. Naveen
21.7
The impact of performance-based compensation on misreporting
79
1
Jan-06
35
67
N. Burns, S. Kedia
18.8
Partial adjustment toward target capital structures
79
3
Mar-06
469
506
M.J. Flannery, K.P. Rangan
18.2
Separating microstructure noise from volatility
79
3
Mar-06
655
692
F.M. Bandi, J.R. Russell
14.4
R2 around the world: New theory and new tests
79
2
Feb-06
257
292
L. Jin, S.C. Myers
14.3
How do family ownership, control, and management affect firm value?
80
2
May-06
385
417
B. Villalonga, R. Amit
48.2
CEO incentives and earnings management
80
3
Jun-06
511
529
D. Bergstresser, T. Philippon
21.7
Momentum and post-earnings-announcement drift anomalies: the role of liquidity risk
80
2
May-06
309
349
R. Sadka
12.6
Efficient tests of stock return predictability
81
1
Jul-06
27
60
J.Y. Campbell, M. Yogo
15.6
Dividend policy and the earned/contributed capital mix: a test of the lifecycle theory
81
2
Aug-06
227
254
H. DeAngelo, L. DeAngelo, R.M. Stulz
10.1
Entry regulation as a barrier to entrepreneurship
82
3
Dec-06
591
629
L. Klapper, L. Laeven, R. Rajan
15.0
The conditional CAPM does not explain asset-pricing anomalies
82
2
Nov-06
289
314
J. Lewellen, S. Nagel
11.7
Corporate governance and the value of cash holdings
83
3
Mar-07
599
634
A. Dittmar, J. Mahrt-Smith
21.5
Multi-period corporate default prediction with stochastic covariates
83
3
Mar-07
635
665
D. Duffie, L. Saita, K. Wang
15.4
Firms' histories and their capital structures
83
1
Jan-07
1
32
A. Kayhan, S. Titman
10.3
Does backdating explain the stock price pattern around executive stock option grants?
83
2
Feb-07
271
295
R.A. Heron, E. Lie
10.1
Housing, consumption and asset pricing
83
3
Mar-07
531
569
M. Piazzesi, M. Schneider, S. Tuzel
10.0
Private credit in 129 countries
84
2
May-07
299
329
S. Djankov, C. McLiesh, A. Shleifer
34.0
Politically connected CEOs, corporate governance, and Post-IPO performance of China's newly partially privatized firms
84
2
May-07
330
357
J.P.H. Fan, T.J. Wong, T. Zhang
21.1
Insider trading in credit derivatives
84
1
Apr-07
110
141
V.V. Acharya, T.C. Johnson
10.9
The determinants of corporate board size and composition: An empirical analysis
85
1
Jul-07
66
101
A.L. Boone, L.C. Field, J.M. Karpoff, C.G. Raheja
22.4
Why do corporate managers misstate financial statements? The role of option compensation and other factors
85
3
Sep-07
667
708
J. Efendi, A. Srivastava, E.P. Swanson
14.0
Is there a diversification discount in financial conglomerates?
85
2
Aug-07
331
367
L. Laeven, R. Levine
12.1
Does industry-wide distress affect defaulted firms? Evidence from creditor recoveries
85
3
Sep-07
787
821
V.V. Acharya, S.T. Bharath, A. Srinivasan
10.5
Why do countries matter so much for corporate governance?
86
1
Oct-07
1
39
C. Doidge, G.A. Karolyi, R.M. Stulz
17.3
Monitoring: Which institutions matter?
86
2
Nov-07
279
305
X. Chen, J. Harford, K. Li
14.8
Asset fire sales (and purchases) in equity markets
86
2
Nov-07
479
512
J.D. Coval, E. Stafford
13.8
Boards: does one size fit all?
87
2
Feb-08
329
356
J.L. Coles, N.D. Daniel, L. Naveen
31.0
The determinants of board structure
87
2
Feb-08
308
328
J.S. Linck, J.M. Netter, T. Yang
27.6
Corporate governance and firm cash holdings in the U.S.
87
3
Mar-08
535
555
J. Harford, S.A. Mansi, W.F. Maxwell
14.0
Pricing the commonality across alternative measures of liquidity
87
1
Jan-08
45
72
R.A. Korajczyk, R. Sadka
11.0
The Colors of Investors' Money: Which Firms Attract Institutional Investors From Around the World?
88
3
Jun-08
499
533
M.A. Ferreira, P. Matos
14.3
Political connections and preferential access to finance: the role of campaign contributions
88
3
Jun-08
554
580
S. Claessens, E. Feijen, L. Laeven
11.9
Dumb money: mutual fund flows and the cross-section of stock returns
88
2
May-08
299
322
A. Frazzini, O.A. Lamont
11.6
The consequences to managers for financial misrepresentation
88
2
May-08
193
215
J.M. Karpoff, D.S. Lee, G.S. Martin
10.7
Who makes acquisitions? CEO overconfidence and the market's reaction
89
1
Jul-08
20
43
U. Malmendier, G. Tate
22.9
Financing patterns around the world: are small firms different?
89
3
Sep-08
467
487
T. Beck, A. Demirguc-Kunt, V. Maksimovic
10.3
Venture capital reputation and investment performance
90
2
Nov-08
127
151
R. Nahata
8.0
Does the use of peer groups contribute to higher pay and less efficient compensation?
90
2
Nov-08
152
168
J.M. Bizjak, M.L. Lemmon, L. Naveen
6.9
High idiosyncratic volatility and low returns: international and further U.S. evidence
91
1
Jan-09
1
23
A. Ang, R.J. Hodrick, Y. Xing, X. Zhang
17.2
Idiosyncratic risk and the cross-section of expected stock returns
91
1
Jan-09
24
37
F. Fu
15.5
Has New York become less competitive in global markets? Evaluating foreign listing choices over time
91
3
Mar-09
253
277
C. Doidge, G.A. Karolyi, R.M. Stulz
12.0
Why is PIN priced?
91
2
Feb-09
119
138
J. Duarte, L. Young
10.0
Bank governance, regulation and risk taking
93
2
Aug-09
259
275
L. Laeven, R. Levine
29.0
The price of sin: the effects of social norms on markets
93
1
Jul-09
15
36
H. Hong, M. Kacperczyk
12.5
Cost of capital effects and changes in growth expectations around U.S. cross-listings
93
3
Sep-09
428
454
L. Hail, C. Leuz
11.7
It pays to have friends
93
1
Jul-09
138
158
B. Hwang, S. Kim
10.8
Women in the boardroom and their impact on governance and performance
94
2
Nov-09
291
309
R.B. Adams, D. Ferreira
18.5
Opaque financial reports, R2, and the distribution of crash risks
94
1
Oct-09
67
86
A.P. Hutton, A.J. Marcus, H. Tehranian
8.3
Are family firms more tax aggressive than non-family firms?
95
1
Jan-10
41
61
S. Chen, X. Chen, Q. Cheng, T. Shevlin
11.6
Does corporate governance matter in competitive industries?
95
3
Mar-10
312
331
X. Giroud, H. Mueller
10.2
A skeptical appraisal of asset-pricing tests
96
2
May-10
175
194
J. Lewellen, S. Nagel, J. Shanken
15.4
When are outside directors effective?
96
2
May-10
195
214
R. Duchin, J.G. Matsusaka, O. Ozbas
9.2
Bank lending during the financial crisis of 2008
97
3
Sep-10
319
338
V. Ivashina, D. Scharfstein
28.0
The real effects of financial constraints: evidence from a financial crisis
97
3
Sep-10
470
487
M. Campello, J.R. Graham, C.R. Harvey
22.2
The subprime mortgage credit crisis and contagion in financial markets
97
3
Sep-10
436
450
F.A. Longstaff
12.2
Costly external finance, corporate investment, and the subprime mortgage credit crisis
97
3
Sep-10
418
435
R. Duchin, O. Ozbas, B.A. Sensoy
11.2
Tunneling through inter-corporate loans: The China experience
98
1
Oct-10
1
20
G. Jiang, C.M. Lee, H. Yue
9.4
Bank activity and funding strategies: The impact on risk and returns
98
3
Dec-10
626
650
A. Demirguc-Kunt, H. Huizinga
9.4
Simple formulas for standard errors that cluster by both firm and time
99
1
Jan-11
1
10
S.B. Thompson
20.5
Bank CEO incentives and the credit crisis
99
1
Jan-11
11
26
R. Fahlenbrach, R.M. Stulz
18.5
Does governance travel around the world? Evidence from institutional investors
100
1
Apr-11
154
181
R.K. Aggarwal, I. Erel, M.A. Ferreira, P.P Matos
11.0
Ownership structure and the cost of corporate borrowing
100
1
Apr-11
1
23
C. Lin, Y. Ma, P. Malatesta, Y. Xuan
10.5
Financial literacy and stock market participation
101
2
Aug-11
449
472
M. van Rooij, A. Lusardi, R. Alessie
18.3
Securitized banking and the run on repo
104
3
Jun-12
425
451
G. Gorton, A. Metrick
25.7
Econometric measures of connectedness and systemic risk in the finance and insurance sectors
104
3
Jun-12
535
559
M. Billio, M. Getmansky, A.W. Lo , L. Pelizzon
13.7
Neglected risks, financial innovation, and financial fragility
104
3
Jun-12
452
468
N. Gennaioli, A. Shleifer, R. Vishny
12.0
Global, local, and contagious investor sentiment
104
2
May-12
272
287
M. Baker, J. Wurgler, Y. Yuan
11.7
The short of it: Investor sentiment and anomalies
104
2
May-12
288
302
R.F. Stambaugh, J. Yu, Y. Yuan
10.0
Endogeneity and the dynamics of internal corporate governance
105
3
Sep-12
581
606
M.B. Wintoki, J.S. Linck, J.M. Netter
13.0
* All papers that have an average of 10 or more citations per year since publication, or the papers that are one of the top two papers in the volume in terms of average citations per year for each volume through 2010.