| # | Title | Journal | Year | Citations |
|---|
| 1 | Capital Structure Decisions: Which Factors Are Reliably Important? | Financial Management | 2009 | 1,694 |
| 2 | The Effects of Board Composition and Direct Incentives on Firm Performance | Financial Management | 1991 | 1,646 |
| 3 | A Simple Approximation of Tobin's q | Financial Management | 1994 | 1,538 |
| 4 | Active Institutional Shareholders and Costs of Monitoring: Evidence from Executive Compensation | Financial Management | 2005 | 907 |
| 5 | Corporate Stakeholders and Corporate Finance | Financial Management | 1987 | 861 |
| 6 | Corporate Social Performance and Stock Returns: UK Evidence from Disaggregate Measures | Financial Management | 2006 | 743 |
| 7 | Managerial Optimism and Corporate Finance | Financial Management | 2002 | 724 |
| 8 | The Syndication of Venture Capital Investments | Financial Management | 1994 | 697 |
| 9 | Agency Costs of Overvalued Equity | Financial Management | 2005 | 646 |
| 10 | Exposure to Currency Risk: Definition and Measurement | Financial Management | 1984 | 555 |
| 11 | Advertising, R&D Expenditures and the Market Value of the Firm | Financial Management | 1993 | 506 |
| 12 | Differences between Politically Connected and Nonconnected Firms: A Cross‐Country Analysis | Financial Management | 2010 | 500 |
| 13 | Toward a Model of Venture Capital Investment Decision Making | Financial Management | 1994 | 477 |
| 14 | 1998 Wharton Survey of Financial Risk Management by US Non-Financial Firms | Financial Management | 1998 | 466 |
| 15 | Trade Credit, Quality Guarantees, and Product Marketability | Financial Management | 1993 | 465 |
| 16 | Real Options and Interactions with Financial Flexibility | Financial Management | 1993 | 439 |
| 17 | Does Corporate Social Responsibility (CSR) Improve Credit Ratings? Evidence from Geographic Identification | Financial Management | 2014 | 412 |
| 18 | Capital and Ownership Structure: A Comparison of United States and Japanese Manufacturing Corporations | Financial Management | 1986 | 395 |
| 19 | The Impact of Corporate Social Performance on Financial Risk and Utility: A Longitudinal Analysis | Financial Management | 2012 | 389 |
| 20 | The Economics of Director Heterogeneity | Financial Management | 2011 | 371 |
| 21 | The Efficiency of Equity-Linked Compensation: Understanding the Full Cost of Awarding Executive Stock Options | Financial Management | 2001 | 360 |
| 22 | The Long-Run Performance of Initial Public Offerings: The UK Experience 1980-1988 | Financial Management | 1993 | 357 |
| 23 | Determinants of the Size and Composition of US Corporate Boards: 1935‐2000 | Financial Management | 2009 | 332 |
| 24 | The Returns to Acquiring Firms in Tender Offers: Evidence from Three Decades | Financial Management | 1989 | 326 |
| 25 | Does Default Risk in Coupons Affect the Valuation of Corporate Bonds?: A Contingent Claims Model | Financial Management | 1993 | 318 |
| 26 | Recognizing Financial Distress Patterns Using a Neural Network Tool | Financial Management | 1993 | 311 |
| 27 | Competition, Efficiency, and Stability in Banking | Financial Management | 2014 | 297 |
| 28 | Does Financial Liberalization Reduce Financing Constraints? | Financial Management | 2003 | 296 |
| 29 | A Cash Conversion Cycle Approach to Liquidity Analysis | Financial Management | 1980 | 294 |
| 30 | A Test of the Agency Theory of Managerial Ownership, Corporate Leverage, and Corporate Dividends | Financial Management | 1989 | 294 |
| 31 | Fads in the Initial Public Offering Market? | Financial Management | 1990 | 294 |
| 32 | Exchange Risk Sensitivity and Its Determinants: A Firm and Industry Analysis of U.S. Multinationals | Financial Management | 1995 | 293 |
| 33 | Institutional Environment and Sovereign Credit Ratings | Financial Management | 2006 | 292 |
| 34 | Does Hedging Affect Firm Value? Evidence from the US Airline Industry | Financial Management | 2006 | 280 |
| 35 | International Evidence on Financial Derivatives Usage | Financial Management | 2009 | 272 |
| 36 | Liquidity and Asset Prices: Financial Management Implications | Financial Management | 1988 | 268 |
| 37 | Family Control of Firms and Industries | Financial Management | 2010 | 262 |
| 38 | Is Corporate Diversification Beneficial in Emerging Markets? | Financial Management | 2002 | 254 |
| 39 | The Aftermarket Performance of Initial Public Offerings in Latin America | Financial Management | 1993 | 249 |
| 40 | A Functional Perspective of Financial Intermediation | Financial Management | 1995 | 247 |
| 41 | Estimating Exchange Rate Exposures: Issues in Model Structure | Financial Management | 2003 | 245 |
| 42 | How Much Growth Can a Firm Afford? | Financial Management | 1977 | 244 |
| 43 | A Survey of Capital Budgeting Techniques Used by Major U.S. Firms | Financial Management | 1977 | 243 |
| 44 | The Debt Maturity Structure of Small Firms | Financial Management | 2001 | 240 |
| 45 | Small Business Finance: A Research Agenda | Financial Management | 1985 | 239 |
| 46 | Market Efficiency and the Returns to Technical Analysis | Financial Management | 1998 | 238 |
| 47 | A Survey of Management Views on Dividend Policy | Financial Management | 1985 | 237 |
| 48 | The Shareholder Wealth Implications of Corporate Lawsuits | Financial Management | 1998 | 229 |
| 49 | An Empirical Investigation of the Pecking Order Hypothesis | Financial Management | 1989 | 228 |
| 50 | An Agency Perspective on Franchising | Financial Management | 1991 | 228 |
