The deterioration of bank balance sheets in Japan: Risk-taking and recapitalization

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

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

An analytic derivation of the cost of deposit insurance and loan guarantees An application of modern option pricing theory

Robert C. Merton · Journal of Banking & Finance · 1977 · 1.9K citations

Business, Economics, Finance +15

The Credit Crunch

Ben Bernanke, Cara S. Lown, Benjamin M. Friedman · Brookings Papers on Economic Activity · 1991 · 1.3K citations

Risk in Banking and Capital Regulation

Daesik Kim, Anthony M. Santomero · The Journal of Finance · 1988 · 993 citations

Business, Finance, Risk Management +17