Theory of the firm
Managerial behavior, agency costs and ownership structure
Bibliographic Data
| ID | 23313475 |
|---|---|
| Authors | Michael C Jensen (0000-0001-9084-1361, University of Rochester), William H Meckling (University of Rochester) |
| Year | 1976 |
| Volume | 3 |
| Issue | 4 |
| Pages | 305-360 |
| Publication date | 1976-10-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Journal of Financial Economics (JOURNAL) |
| Journal identifiers | ISSN: 0304-405X • E-ISSN: 1879-2774 |
| Publisher | Elsevier BV (PUBLISHER) |
| DOI | 10.1016/0304-405x(76)90026-x |
| OpenAlex | W2752617332 |
| Language | EN |
| Citations received | 2.385 |
| References cited | 50 |
Agency (philosophy) · Agency cost · Business · Corporate governance · Debt · Economics · Equity (law) · Law and economics · Pareto principle · Political science · Principal–agent problem · Sociology · Accounting · Banking stability, regulation, efficiency · Economic theories and models · Finance · Financial Markets and Investment Strategies · Law
HIV/Aids Information by African Companies
Corporate Governance
Opportunism, Hold-Up and the (Contractual) Theory of the Firm
No Utopia
Constraints on Private Benefits of Control
Ownership and Allocation of Capital
Tax Status and Tax Response Heterogeneity of Multinationals' Debt Finance
Why is the Response of Multinationals' Capital-Structure Choice to Tax Incentives That Low? Some Possible Explanations
Toward a Comparative Institutional Analysis
Mergers and CEO Power
Authoritarian Agents of Democratic Principals?
Shareholder Protection and Outside Blockholders
The Effects of Differential Taxation on Managerial Effort and Risk Taking
Specification cost
No-fault Default, Chapter 11 Bankruptcy, and Financial Institutions
Capitalism, Corporations and the Social Contract
Um estudo das principais fraudes em instituições financeiras no Brasil
Credible Commitments
Macroeconomics and Behavioral Finance
Sharecropping and Feudal Class Processes in the Postbellum Mississippi Delta
Cost and Revenue Overruns of the Olympic Games 2000–2018
Contemporary Destination Governance
Institutional and Organizational Analysis
Honorable Business
Why Delegate?
Contending Orders
Enhancing Boardroom Diversity in Saudi Arabia
Unfreedom for All
Jahrbuch für Neue Politische Ökonomie
Beyond the Washington consensus
National Culture Moderates Corporate Governance and Integrated Reporting
Revitalizing the American Republic by reinvigorating voluntary association
CEO 's Demographic, Governance, and Career Factors in Environmental and Sustainable Performance
Chief executive officer ability and corporate environmental sustainability information disclosure
An Innovative Decision‐Making Model for Alternative Regulatory Frameworks Based on Sustainable Development Goal Disclosure Costs
CEO career horizons, foreign experience, and state ownership impact on the adoption of the Global Reporting Initiative standards for corporate social responsibility reporting
How Does CEO Career Horizon Affect ESG Engagement? The Contingent Role of Individual and Multiple Performance Feedback
Does Firms' Exposure to Religion Lead to Conservative Loan Financing? The Mediating Role of ESG Performance
Green finance, management power, and environmental information disclosure in China—Theoretical mechanism and empirical evidence
In search of the roots of corporate reputation management
Corporate Social Responsibility Theories in the Context of Global Transformational Events
ESG pay and corporate social irresponsibility
Economic Democracy at Work
Economic Law
Human Rights and Political Economy
Fraud pentagon elements in detecting fraudulent financial statement
Niche level investment challenges for European Green Deal financing in Europe
Analysis of the Influence of Managerial Ownership, Audit Quality and Audit Committee on Income Management (Study on Manufacturing Companies in the Consumer Goods Sector Listed on the Indonesia Stock Exchange 2014-2018)
Unravelling the CSR-financial distress link
Determinants of dividend yield
The relationship between gearing ratio and return on equity (ROE) ratio to earnings per share (EPS)
Enhancing audit quality to detect financial statement fraud at public accounting firms member of OAI Solusi Manajemen Nusantara
Panel regression of industrial sustainability indicators
Impact of management control on the organizational performance
Moderating role of board gender diversity and firm size on the relationship between free cash flow and corporate sustainability of Thai listed companies
An accounting review of regional and central budgeting dynamics in Indonesia
Market failures and costs of intermediation cause obstacles to the delivery of transactions
Alienation, Superstructure and Class Struggle
The Federal Communications Commission and the Communications Policymaking Process
Declining Job Quality in the United States
The Catholic university’s integral purpose
Kun tietoa mitataan euroissa
Sustainability Reporting and Corporate Performance
Golden Age Drama in the Spanish Republican Exile
From Traditional Research to Responsible Research
Da “Justiça” ao “Acesso à Justiça”
Papel da Economia Compartilhada no Desempenho da Produção de Assentamentos Rurais de Reforma Agrária
Entraves à implementação da Política de enfrenta à violência contra mulheres
Towards a new policy direction for an improved housing delivery system in Nigerian cities
The Macroeconomics of Corruption
A process-based perspective of smart tourism destination governance
Governing Shadows
Incentivo Público Às Empresas Para Utilizarem Os Tributos Como Estrutura De Capital
É Possível Escapar Do Colonialismo Em Responsabilidade Social Empresarial No Brasil? Uma Proposta Pluralista, Praxeológica E Estruturacionista
Une analyse historique de la nature juridique de la firme
Risks in Grantmaking
Resource-Based View (RBV) of Unincorporated Social Economy Organizations
Representative Board Governance
Social Entrepreneurial Ecosystem
Dividend Policy and Investment Decisions of Korean Banks
Dividend Policy in Crisis. Case of Japan 1991–2008
Corporate Business Diplomacy’
Los dilemas de las redes criminales de Bello
The relationship between women’s presence in corporate positions and firm performance
Busy female directors
Fields, Power, and Social Skill
Main Factors for Human Capital Reproduction
Economic Sociology (Steiner Ph. La Sociologie Économique. Paris
Economic Sociology in France
Rationality or Social Norms
Fields, Power and Social Skill
Social Networks
The New Poor» Scientists
Virtual Collaboration of Economists and Sociologists or «Russian Social Scholars, Let's Be in the Internet
Desenvolvimento regional sustentável
Implementation of a Multi-Agent Carbon Emission Reduction Strategy under the Chinese Dual Governance System
Can Economic Theory Demystify North Korea
The Case for Increasing Shareholder Power
Firm Size and Corporate Social Performance
Does share‐holding pattern affect firm performance? Evidence from India
Business behavior, value and growth.
The economics of discretionary behavior
The Role of a Stock Market in a General Equilibrium Model With Technological Uncertainty
Modern Corporation and Private Property
Markets and Hierarchies : analysis and antitrust implications
The Economic Theory of ‘Managerial’ Capitalism
The Federal Communications Commission
The Role of Securities in the Optimal Allocation of Risk-bearing
Theory of Rational Option Pricing
Information and Efficiency
A behavioral theory of the firm
The Economics of Discrimination
The Social Responsibility of Business Is to Increase Its Profits
A Theory of Large Managerial Firms
On the Theory of Optimal Investment Decision
The Pricing of Options and Corporate Liabilities
The Nature of the Firm
Investment, Interest and Capital
The Corporation in Modern Society
A Behavioral Model of Rational Choice
Aspects of Labor Economics
| Unique citing works | 2.385 |
|---|---|
| Citations per year | 48,67 |
| Citation span | 1977 - 2026 (50) |
| Citation velocity | current |
| Highly cited | Yes |
| Citation types | Neutral: 2.083 |