Disappearing dividends: changing firm characteristics or lower propensity to pay?

Corporate financing and investment decisions when firms have information that investors do not have

Stewart C. Myers, Nicholas S. Majluf · Journal of Financial Economics · 1984 · 19.1K citations

Management, Business Economics, Finance +17

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

Risk, Return, and Equilibrium: Empirical Tests

Eugene F. Fama, James D. MacBeth · Journal of Political Economy · 1973 · 15.1K citations

Business, Economics, Finance +17

The Capital Structure Puzzle

Stewart C. Myers · The Journal of Finance · 1984 · 7.6K citations · Full text

Business, Economics, Finance +17

Two Agency-Cost Explanations of Dividends

Frank H. Easterbrook · eYLS (Yale Law School) · 1984 · 3.1K citations

Management, Business Economics, Economics +14