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Most cited papers in Corporate Insolvency and Governance

Corporate Insolvency and Governance

What are the most cited papers in Corporate Insolvency and Governance?

The most cited paper in Corporate Insolvency and Governance is "Law and Finance" (Rafael La Porta, Florencio López‐de‐Silanes, Andrei Shleifer et al., 1998), with 18,396 citations. Next come "Enjoying the Quiet Life? Corporate Governance and Managerial Preferences" (4,001) and "Stewardship Theory or Agency Theory: CEO Governance and Shareholder Returns" (3,570).

Showing 50 of 96 papers. Every paper with more than 364 citations is listed.

Most cited papers, sortable by citations and release date
#Paper
1 Law and Finance Rafael La Porta, Florencio López‐de‐Silanes, Andrei Shleifer et al. · Journal of Political Economy Dec 1998 18,396
2 Enjoying the Quiet Life? Corporate Governance and Managerial Preferences Marianne Bertrand, Sendhil Mullainathan · Journal of Political Economy 23 Sep 2003 4,001
3 Stewardship Theory or Agency Theory: CEO Governance and Shareholder Returns Lex Donaldson, James H. Davis · Australian Journal of Management Jun 1991 3,570
4 The Role of Boards of Directors in Corporate Governance: A Conceptual Framework and Survey Renée B. Adams, Benjamin E. Hermalin, Michael S. Weisbach · Journal of Economic Literature Mar 2010 2,451
5 A Survey of Corporate Governance Andrei Shleifer, Robert W. Vishny · The Journal of Finance Jun 1997 2,281
6 Corporate Governance and the Board of Directors: Performance Effects of Changes in Board Composition Barry D. Baysinger, Henry N. Butler · The Journal of Law Economics and Organization 1985 1,773
7 The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems Michael C. Jensen · SSRN Electronic Journal PreprintOpen access 1999 1,737
8 Eclipse of the Public Corporation Michael C. Jensen · SSRN Electronic Journal PreprintOpen access 1999 1,725
9 Tunneling through intercorporate loans: The China experience☆ Guohua Jiang, Charles M.C. Lee, Heng Yue · Journal of Financial Economics 11 May 2010 1,654
10 Too Busy to Mind the Business? Monitoring by Directors with Multiple Board Appointments Stephen P. Ferris, Murali Jagannathan, Adam C. Pritchard · The Journal of Finance 6 May 2003 1,535
11 Managerial Power and Rent Extraction in the Design of Executive Compensation Lucian A. Bebchuk, Jesse M. Fried, David I. Walker · The University of Chicago Law Review 2002 1,488
12 Corporate governance and board effectiveness Kose John, Lemma W. Senbet · Journal of Banking & Finance Open access May 1998 1,365
13 Lending Relationships and Loan Contract Terms Sreedhar T. Bharath, Sandeep Dahiya, Anthony Saunders et al. · Review of Financial Studies 7 Oct 2009 1,300
14 Investor Protection and Corporate Governance Rafael La Porta, Florencio López de Silanes, Andrei Shleifer et al. · SSRN Electronic Journal PreprintOpen access 2000 1,300
15 Corporate Governance: Some Theory and Implications Oliver Hart · The Economic Journal May 1995 1,273
16 Incomplete Contracts: Where do We Stand? Jean Tirole · Econometrica Jul 1999 1,236
17 Boards of Directors as an Endogenously Determined Institution: A Survey of the Economic Literature Benjamin E. Hermalin, Michael S. Weisbach · SSRN Electronic Journal PreprintOpen access 2000 1,230
18 An Empirical Analysis of the Dynamic Relation between Investment‐Grade Bonds and Credit Default Swaps Roberto Blanco, Simon Brennan, IAN W. MARSH · The Journal of Finance 16 Sep 2005 1,220
19 The Boundaries of the Firm Revisited Bengt R. Holmstrom, John Heath Roberts · The Journal of Economic Perspectives Open access Nov 1998 1,211
20 The Market for Corporate Control: The Empirical Evidence Since 1980 Gregg A. Jarrell, James A. Brickley, Jeffry M. Netter · The Journal of Economic Perspectives Feb 1988 1,150
21 Boards of directors: A review and research agenda Jonathan Lewis Johnson · Journal of Management 1996 1,150
22 Troubled debt restructurings Stuart C. Gilson, Kose John, Larry H.P. Lang · Journal of Financial Economics Oct 1990 1,137
23 The Non-Correlation between Board Independence and Long-Term Firm Performance Sanjai Bhagat, Bernard S. Black · SSRN Electronic Journal PreprintOpen access 1998 1,129
24 Bankruptcy, boards, banks, and blockholders Stuart C. Gilson · Journal of Financial Economics Oct 1990 1,129
25 Default and Renegotiation: A Dynamic Model of Debt Oliver Hart, Jerome F. Moore · The Quarterly Journal of Economics Open access Feb 1998 1,073
26 Are Busy Boards Effective Monitors? Eliezer M. Fich, Anil Shivdasani · Corporate Governance Book chapter 2012 1,072
27 Management turnover and financial distress Stuart C. Gilson · Journal of Financial Economics Dec 1989 1,043
28 Association between independent non-executive directors, family control and financial disclosures in Hong Kong Charles J.P. Chen, Bikki L. Jaggi · Journal of Accounting and Public Policy Dec 2000 989
29 Performance Changes Following Top Management Dismissals David J. Denis, Diane K. Denis · The Journal of Finance Sep 1995 988
30 Contagion and competitive intra-industry effects of bankruptcy announcements Larry H.P. Lang, René M. Stulz · Journal of Financial Economics Aug 1992 971
31 Debt Enforcement around the World Simeon Djankov, Oliver Hart, Caralee McLiesh et al. · Journal of Political Economy Dec 2008 958
32 Corporate governance in China: A modern perspective Fuxiu Jiang, Kenneth A. Kim · Journal of Corporate Finance 22 Oct 2014 949
33 The Choice Between Equity and Debt: An Empirical Study PAUL MARSH · The Journal of Finance Mar 1982 819
34 The consequences to managers for financial misrepresentation Jonathan M. Karpoff, D. Scott Lee, Gerald S. Martin · Journal of Financial Economics 12 Mar 2008 816
35 Financial distress, reorganization, and organizational efficiency Karen Hopper Wruck · Journal of Financial Economics Oct 1990 798
36 Creditor Control Rights, Corporate Governance, and Firm Value Greg Nini, David Chan Smith, Amir Sufi · Review of Financial Studies 13 Mar 2012 795
37 Creditor rights and corporate risk-taking Viral V. Acharya, Yakov Amihud, Lubomir P. Litov · Journal of Financial Economics 2 Jun 2011 795
38 The Uncertain Relationship between Board Composition and Firm Performance Sanjai Bhagat, Bernard S. Black May 1999 792
39 Renegotiation of financial contracts: Evidence from private credit agreements Michael R. Roberts, Amir Sufi · Journal of Financial Economics 6 May 2009 756
40 Does industry-wide distress affect defaulted firms? Evidence from creditor recoveries Viral V. Acharya, Sreedhar T. Bharath, Anand Srinivasan · Journal of Financial Economics 19 Apr 2007 751
41 The End of History for Corporate Law Henry B. Hansmann, Reinier H. Kraakman · SSRN Electronic Journal PreprintOpen access 2000 745
42 Corporate Governance and Merger Activity in the United States: Making Sense of the 1980s and 1990s Bengt R. Holmstrom, Steven Neil Kaplan · The Journal of Economic Perspectives Open access May 2001 739
43 Bankruptcy resolution Lawrence A. Weiss · Journal of Financial Economics Oct 1990 729
44 The Costs of Bankruptcy: Chapter 7 Liquidation versus Chapter 11 Reorganization Arturo Bris, Ivo Welch, Ning Zhu · The Journal of Finance 16 May 2006 724
45 BOARD CONTROL, REMUNERATION COMMITTEES, AND TOP MANAGEMENT COMPENSATION. Martin J. Conyon, Simon I. Peck · Academy of Management Journal Apr 1998 711
46 Law and Finance in Transition Economies Katharina Pistor, Martin Raiser, Stanislaw Gelfer · Economics of Transition Open access Jul 2000 704
47 Internal versus External Capital Markets Robert H. Gertner, David S. Scharfstein, Johannes Stein · The Quarterly Journal of Economics Nov 1994 686
48 Control Rights and Capital Structure: An Empirical Investigation Michael R. Roberts, Amir Sufi · The Journal of Finance Open access 16 Jul 2009 652
49 Bankruptcy Codes and Innovation Viral V. Acharya, Krishnamurthy V. Subramanian · Review of Financial Studies 9 Apr 2009 615
50 CORPORATE BOARD SIZE, COMPOSITION AND CORPORATE FAILURES IN RETAILING INDUSTRY[1] Rajeswararao Chaganti, Vijay Mahajan, Subhash Sharma · Journal of Management Studies Jul 1985 601

Citations are OpenAlex's own counts, from its 2026-09-23 snapshot, so the ranking can differ from Google Scholar or Web of Science. A paper is listed for a field when OpenAlex files it under one of the field's topics; retracted papers and papers whose citation count cannot be traced to citing works are left out, and a preprint and the article it became are shown once. Release dates are OpenAlex's: where a source gave only a month or a year, that is what is shown. How the lists are chosen.