6.6(top 2%)
Impact Factor
7.1(top 2%)
extended IF
397(top 1%)
H-Index
434
authors
3.3K
papers
689.2K
citations
5.8K
citing journals
36.1K
citing authors

Most Cited Articles of Journal of Financial Economics

TitleYearCitations
Theory of the firm: Managerial behavior, agency costs and ownership structure197631.1K
Common risk factors in the returns on stocks and bonds199313.4K
Corporate financing and investment decisions when firms have information that investors do not have19849.2K
Determinants of corporate borrowing19776.6K
Management ownership and market valuation19884.3K
Using daily stock returns19853.8K
Higher market valuation of companies with a small board of directors19963.7K
Industry costs of equity19973.5K
An equilibrium characterization of the term structure19773.4K
Investor protection and corporate governance20003.3K
Bid, ask and transaction prices in a specialist market with heterogeneously informed traders19853.2K
Option pricing: A simplified approach19793.2K
Option pricing when underlying stock returns are discontinuous19763.1K
The separation of ownership and control in East Asian Corporations20003.1K
The relationship between return and market value of common stocks19812.9K
Earnings management and investor protection: an international comparison20032.9K
The theory and practice of corporate finance: evidence from the field20012.8K
Asset pricing and the bid-ask spread19862.8K
Outside directors and CEO turnover19882.7K
Additional evidence on equity ownership and corporate value19902.5K
Expected stock returns and volatility19872.5K
A model of investor sentiment1We are grateful to the NSF for financial support, and to Oliver Blanchard, Alon Brav, John Campbell (a referee), John Cochrane, Edward Glaeser, J.B. Heaton, Danny Kahneman, David Laibson, Owen Lamont, Drazen Prelec, Jay Ritter (a referee), Ken Singleton, Dick Thaler, an anonymous referee, and the editor, Bill Schwert, for comments.119982.5K
The market for corporate control19832.4K
Corporate governance, chief executive officer compensation, and firm performance1The financial support of Nomura Securities and Ernst & Young LLP is gratefully acknowledged. We appreciate the able research assistance of Dan Nunn. We acknowledge the helpful comments of Abbie Smith (the referee), Kevin Murphy, and workshop participants at Columbia University, the University of California – Los Angeles, the University of Colorado – Boulder, Harvard University, George Washington University, Massachusetts Instit19992.4K
Market efficiency, long-term returns, and behavioral finance1The comments of Brad Barber, David Hirshleifer, S.P. Kothari, Owen Lamont, Mark Mitchell, Hersh Shefrin, Robert Shiller, Rex Sinquefield, Richard Thaler, Theo Vermaelen, Robert Vishny, Ivo Welch, and a referee have been helpful. Kenneth French and Jay Ritter get special thanks.119982.3K