JFE All Star Papers, 1974-2003
All Papers with 5 or More Citations per Year through 2005
Title
V
N
Date
PB
PE
Authors
Cites/Year
Risk and return:
1
4
Dec-74
303
336
Gershon Mandelker
8.1
The case of merging firms
The effects of dividend yield and dividend policy
1
1
May-74
1
22
Fischer Black
6.7
on common stock prices and returns
Myron S. Scholes
Price performance of
2
3
Sep-75
235
272
Roger G. Ibbotson
5.6
common stock new issues
Theory of the firm: 
3
4
Oct-76
305
360
Michael C. Jensen
116.5
Managerial behavior, agency costs
William H. Meckling 
and ownership structure
The valuation of options for
3
1
Jan-76
145
166
John C. Cox
15.1
alternative stochastic processes
Stephen A. Ross 
The pricing of commodity contracts
3
1
Jan-76
167
179
Fischer Black  
13.4
Option pricing when underlying
3
1
Jan-76
125
144
Robert C. Merton
11.2
stock returns are discontinuous
The option pricing model
3
1
Jan-76
53
82
Dan Galai
8.7
and the risk factor of stock
Ronald W. Masulis
Option pricing:  A review
3
1
Jan-76
3
52
Clifford W. Smith
5.3
A critique of the asset pricing theory's tests: 
4
2
Mar-77
129
176
Richard Roll 
19.5
On past and potential testability of the theory
Determinants of corporate borrowing
5
2
Nov-77
147
176
Stewart C. Myers 
25.6
Estimating betas from nonsynchronous data
5
3
Dec-77
309
328
Myron S. Scholes
19.4
Joseph Williams 
An equilibrium characterization
5
2
Nov-77
177
188
Oldrich Vasicek 
16.9
of the term structure
Asset returns and inflation
5
2
Nov-77
115
146
Eugene F. Fama
12.8
G. William Schwert 
Option pricing:
7
3
Sep-79
229
264
John C. Cox
17.9
A simplified approach
Stephen A. Ross
Mark Rubinstein
An intertemporal asset pricing model
7
3
Sep-79
265
296
Douglas T. Breeden 
17.8
with stochastic consumption
and investment opportunities
On financial contracting:
7
2
Jun-79
117
162
Clifford W. Smith
17.7
An analysis of bond covenants
Jerold B. Warner 
Risk measurement when shares
7
2
Jun-79
197
226
Elroy Dimson
9.2
are subject to infrequent trading
The valuation of compound options
7
1
Mar-79
53
82
Robert Geske
5.0
Measuring security price performance
8
3
Sep-80
205
258
Stephen J. Brown
17.8
Jerold B. Warner 
Optimal capital structure under
8
1
Mar-80
3
30
Harry DeAngelo
11.5
corporate and personal taxation
Ronald W. Masulis 
On estimating the expected
8
4
Dec-80
323
362
Robert C. Merton
10.2
return on the market: 
An exploratory investigation
Stock returns and the weekend effect
8
1
Mar-80
55
70
Kenneth R. French
7.0
Merger proposals, management discretion,
8
2
Jun-80
105
138
Peter Dodd
6.5
and stockholder wealth
The effects of capital structure
8
2
Jun-80
139
178
Ronald W. Masulis
6.4
change on security prices: 
A study of exchange offers
Dealership market:
8
1
Mar-80
31
54
Yakov Amihud
5.6
Market-making with inventory
Haim Mendelson
The relationship between return
9
1
Mar-81
3
18
Rolf W. Banz 
16.9
and market value of common stocks
Misspecification of capital asset pricing:
9
1
Mar-81
19
46
Marc R. Reinganum 
10.4
Empirical anomalies based on
earnings' yields and market values
The relation between
9
4
Dec-81
321
346
John C. Cox
7.1
forward prices and futures prices
Jonathan E. Ingersoll
Stephen A. Ross
Optimal dealer pricing under
9
1
Mar-81
47
74
Thomas Ho
6.4
transactions and return uncertainty
Hans R. Stoll
A model of international asset pricing
9
4
Dec-81
383
406
René M. Stulz 
6.4
Common stock repurchases
9
2
Jun-81
139
184
Theo Vermaelen
6.5
and market signaling: 
An empirical study
Common stock repurchases: 
9
2
Jun-81
113
138
Larry Y. Dann
6.2
An analysis of returns to
bondholders and stockholders
Information aggregation in a
9
3
Sep-81
221
236
Douglas W. Diamond
5.0
noisy rational expectations economy
Robert E. Verrecchia
The stochastic behavior of
10
4
Dec-82
407
432
Andrew A. Christie 
7.8
common stock variances:
Value, leverage and interest rate effects
Multivariate tests of financial models: 
10
1
Mar-82
3
28
Michael R. Gibbons 
5.6
A new approach
On the exclusion of assets from
10
3
Nov-82
237
268
Robert F. Stambaugh 
27.9
tests of the two-parameter model:
A sensitivity analysis
The market for corporate control:
11
1
Mar-83
5
50
Michael C. Jensen
10.5
The scientific evidence
Richard S. Ruback 
On corporate governance:
11
1
Mar-83
401
438
Peter Dodd
7.0
A study of proxy contests
Jerold B. Warner 
Merger bids, uncertainty,
11
1
Mar-83
51
84
Paul Asquith
6.0
and stockholder returns
The rationale behind interfirm tender offers:
11
1
Mar-83
183
206
Michael Bradley
5.7
Information or synergy?
Anand Desai
E. Han Kim
Antitakeover charter amendments and stockholder wealth
11
1
Mar-83
329
360
Harry DeAngelo
5.3
Edward M. Rice
Horizontal mergers, collusion, and stockholder wealth
11
1
Mar-83
241
274
B. Espen Eckbo
13.6
The gains to bidding firms from merger
11
1
Mar-83
121
140
Paul Asquith
5.3
Robert F. Bruner
David W. Mullins
Size-related anomalies and
12
1
Jun-83
13
32
Donald B. Keim 
6.6
stock return seasonality: 
Further empirical evidence
Biases in computed returns:
12
3
Oct-83
387
404
Marshall E. Blume
6.1
An application to the size effect
Robert F. Stambaugh 
The anomalous stock market
12
1
Jun-83
89
104
Marc R. Reinganum
5.4
behavior of small firms in January:
Empirical tests for tax-loss selling effects
The relationship between earnings' yield,
12
1
Jun-83
129
156
Sanjoy Basu
5.4
market value and return for NYSE
common stocks: Further evidence
Transaction costs and the small firm effect
12
1
Jun-83
57
80
Hans R. Stoll
45.0
Robert E. Whaley
Corporate financing and investment
13
2
Jun-84
187
222
Stewart C. Myers
#REF!
decisions when firms have information
Nicholas S. Majluf 
that investors do not have
The information in the term structure
13
4
Dec-84
509
528
Eugene F. Fama 
7.6
The effect of capital structure
13
1
Mar-84
137
152
Sheridan Titman
5.2
on a firm's liquidation decision
Using daily stock returns:
14
1
Mar-85
3
32
Stephen J. Brown
27.3
The case of event studies
Jerold B. Warner 
Bid, ask and transaction prices
14
1
Mar-85
71
100
Lawrence R. Glosten
23.0
in a specialist market with
Paul R. Milgrom 
heterogeneously informed traders
Corporate capital expenditure decisions
14
3
Sep-85
399
422
John J. McConnell
5.3
and the market value of the firm
Chris J. Muscarella
Investment banking and
15
1
Jan-86
3
30
Clifford W. Smith 
13.3
the capital acquisition process
Equity issues and offering dilution
15
1
Jan-86
61
90
Paul Asquith
13.1
David W. Mullins 
Why new issues are underpriced
15
1
Jan-86
187
212
Kevin Rock 
12.9
Valuation effects of security offerings
15
1
Jan-86
31
60
Wayne H. Mikkelson
11.9
and the issuance process
M. Megan Partch 
Investment banking, reputation,
15
1
Jan-86
213
232
Randolph P. Beatty
10.9
and the underpricing of
Jay R. Ritter
initial public offerings
Seasoned equity offerings:
15
1
Jan-86
91
118
Ronald W. Masulis
9.5
An empirical investigation
Ashok N. Korwar
Capital raising, underwriting and
15
1
Jan-86
261
281
James R. Booth
6.1
the certification hypothesis
Richard L. Smith
Valuation effects of
15
1
Jan-86
119
152
B. Espen Eckbo
5.6
corporate debt offerings
A transaction data study of weekly and
16
1
May-86
99
118
Lawrence E. Harris 
7.4
intradaily patterns in stock returns
Insiders' profits, costs of trading,
16
2
Jun-86
189
212
H. Nejat Seyhun 
5.3
and market efficiency
Stock return variances: 
17
1
Sep-86
5
26
Kenneth R. French
14.2
The arrival of information and
Richard Roll 
the reaction of traders
Asset pricing and the bid-ask spread
17
2
Dec-86
223
250
Yakov Amihud
13.9
Haim Mendelson 
Predicting returns in the
17
2
Dec-86
357
390
Donald B. Keim
12.0
stock and bond markets
Robert F. Stambaugh 
Modeling the term structure of
17
1
Sep-86
27
56
Kenneth B. Dunn
5.3
interest rates under non-separable
Kenneth J. Singleton
utility and durability of goods
Stock returns and the term structure
18
2
Jun-87
373
400
John Y. Campbell 
12.7
The choice of organizational form:
18
2
Jun-87
401