Executive compensation and executive incentive problems

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

Michael C. Jensen, William H. Meckling · Journal of Financial Economics · 1976 · 69.2K citations

Agency Costs, Managerial Aspect, Ownership Structure +11

The Pricing of Options and Corporate Liabilities

Fischer Black, Myron S. Scholes · Journal of Political Economy · 1973 · 29.1K citations

Option Pricing, Liability (Financial Accounting), Asset Pricing +11

Separation of Ownership and Control

Eugene F. Fama, Michael C. Jensen · The Journal of Law and Economics · 1983 · 18.8K citations

Control Environment, Ownership Structure, Ownership Theory +5

Determinants of corporate borrowing

Stewart C. Myers · Journal of Financial Economics · 1977 · 13.2K citations

Financial Economics, Corporate Borrowing, Loans +4

Agency Problems and the Theory of the Firm

Eugene F. Fama · Journal of Political Economy · 1980 · 10.5K citations

Agency Problems, Ownership Structure, Firm Performance +14