Synergies and Internal Agency Conflicts: The Double-Edged Sword of Mergers

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

Management, Business Economics, Finance +17

The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration

Sanford J. Grossman, Oliver Hart · Journal of Political Economy · 1986 · 9.5K citations · Full text

Business, Business Economics, Contract Law +16

The economic institutions of capitalism firms, markets, relational contracting

Oliver E. Williamson · 1987 · 7.3K citations

Business, Economics, Contract Theory +15

Property Rights and the Nature of the Firm

Oliver Hart, John Moore · Journal of Political Economy · 1990 · 5.4K citations · Full text

Business, Business Economics, Contract Theory +11

Managerial discretion and optimal financing policies

René M. Stulz · Journal of Financial Economics · 1990 · 3.8K citations

Management, Finance, Financial Management +14