On the compensation and activity of corporate boards

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

Separation of Ownership and Control

Eugene F. Fama, Michael C. Jensen · The Journal of Law and Economics · 1983 · 19.1K citations

Management, Contract Law, Corporate Governance +12

Moral Hazard and Observability

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

Business, Business Economics, Contract Law +17

The Structure of Corporate Ownership: Causes and Consequences

Harold Demsetz, Kenneth Lehn · Journal of Political Economy · 1985 · 6.4K citations

Management, Corporate Governance, Finance +12

Economics, Organization and Management.

Sudipto Bhattacharya, Paul Milgrom, John W. Roberts · The Journal of Finance · 1993 · 4.8K citations

Social Sciences, Economics, Organization Studies +11