Nonfamily Managers, Family Firms, and the Winner's Curse: The Influence of Noneconomic Goals and Bounded Rationality

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

The Market for "Lemons": Quality Uncertainty and the Market Mechanism

George A. Akerlof · The Quarterly Journal of Economics · 1970 · 22.6K citations

Social Sciences, Economics, Microeconomics +8

Job Market Signaling

Michael Spence · The Quarterly Journal of Economics · 1973 · 15.2K citations

Social Sciences, Business Economics, Economics +17

The Economic Institutions of Capitalism

The Antitrust Bulletin · 1986 · 11K citations

Social Sciences, Economics, Banking +9

Agency Theory: An Assessment and Review

Kathleen M. Eisenhardt · Academy of Management Review · 1989 · 9.4K citations

Management, Business Economics, Organizational Behavior +11