CEO stock option pay and R&D spending: a behavioral agency explanation

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

Prospect Theory: An Analysis of Decision under Risk

Daniel Kahneman, Amos Tversky · Econometrica · 1979 · 45.8K citations

An Evolutionary Theory of Economic Change.

Brian J. Loasby, Richard R. Nelson, Sidney G. Winter · The Economic Journal · 1983 · 21.7K citations

Economics, Business, Heterodox Economics +5

Exploration and Exploitation in Organizational Learning

James G. March · Organization Science · 1991 · 20.8K citations

Old Certainties, Organizational Learning, Education +17

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