articleTop 1% cited
Theory of the firm: Managerial behavior, agency costs and ownership structure
Journal of Financial Economics · 1976 · Vol. 3(4) · pp. 305–360
Michael C. Jensen✉(University of Rochester)William H. Meckling(University of Rochester)
Economic theories and modelsBanking stability, regulation, efficiencyFinancial Markets and Investment StrategiesAgency costPrincipal–agent problemEquity (law)DebtEconomicsAgency (philosophy)BusinessPareto principleLaw and economicsFinance
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American Economic Review · 1973 · 4,131 citations
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The Economic Journal · 1976 · 13,767 citations
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CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK*
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Journal of Political Economy · 1973 · 29,215 citations
ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES*
The Journal of Finance · 1974 · 11,005 citations
The Cost of Capital, Corporation Finance and the Theory of Investment
American Economic Review · 1958 · 15,017 citations
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