Corporate deductibility provisions and managerial incentives

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

Michael C. Jensen, William H. Meckling · Journal of Financial Economics · 1976 · 70.7K citations

Management, Business Economics, Corporate Governance +16

Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers

Michael C. Jensen · American Economic Review · 1986 · 17.6K citations

Management, Business Economics, Finance +17

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

Michael C. Jensen · The Journal of Finance · 1993 · 8.7K citations · Full text

Social Sciences, Economics, Finance +15

Large Shareholders and Corporate Control

Andrei Shleifer, Robert W. Vishny · Journal of Political Economy · 1986 · 8.6K citations

Management, Business Economics, Corporate Governance +11

Moral Hazard and Observability

Bengt Holmström · The Bell Journal of Economics · 1979 · 8.5K citations

Business, Business Economics, Contract Law +17