The relationship between return and market value of common stocks

Risk, Return, and Equilibrium: Empirical Tests

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

Business, Economics, Finance +17

Principles of Econometrics

E. J. Hannan, Henri Theil · Technometrics · 1973 · 3.2K citations

Capital Market Equilibrium with Restricted Borrowing

Fischer Black · The Journal of Business · 1972 · 3.2K citations

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A critique of the asset pricing theory's tests Part I: On past and potential testability of the theory

Richard Roll · Journal of Financial Economics · 1977 · 3.1K citations

Business, Economics, Finance +14

The Capital Asset Pricing Model: Some Empirical Tests

Fischer Black, Michael C. Jensen, Myron S. Scholes · 1972 · 2.7K citations

Business, Economics, Finance +15