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The Theory of Financial Decisions.
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The Theory of Financial Decisions. (1974)The Theory of Financial Decisions.A POST KEYNESIAN VIEW OF MODERN FINANCIAL ECONOMICS: IN SEARCH OF ALTERNATIVE PARADIGMS (1985)A POST KEYNESIAN VIEW OF MODE…Evaluating International Projects: An Adjusted Present Value Approach (1981)Evaluating International Proj…ON THE NEGATIVE RISK PREMIUM FOR RISK ADJUSTED DISCOUNT RATES (1980)ON THE NEGATIVE RISK PREMIUM …A Multiple Objective Approach to Capital Budgeting (1979)A Multiple Objective Approach…THE RELATIONSHIP BETWEEN YIELD, RISK, AND RETURN OF CORPORATE BONDS (1978)THE RELATIONSHIP BETWEEN YIEL…SOME OBSERVATIONS ON RISK‐ADJUSTED DISCOUNT RATES (1977)SOME OBSERVATIONS ON RISK‐ADJ…BOND REFUNDING: A CLARIFYING ANALYSIS (1977)BOND REFUNDING: A CLARIFYING …AN EMPIRICAL TEST OF THE LARSON‐GONEDES EXCHANGE RATIO DETERMINATION MODEL (1977)AN EMPIRICAL TEST OF THE LARS…Why risk analysis isn't working (1975)Why risk analysis isn't worki…THE COST OF CAPITAL AS A WEIGHTED AVERAGE (1975)THE COST OF CAPITAL AS A WEIG…Multinational business finance (1973)A Monetary Approach To The Exchange Rate: Doctrinal Aspects And Empirical Evidence (1977)Multinational Business Finance. (1984)Concession period of public private partnership projects: industry–academia gap analysis (2017)Financial Management and Policy (1969)Financial Theory and Corporate Policy. (1980)Risk adjusted discount rates and the present value of risky costs (1998)Assessment of uncertain returns from investment in short rotation coppice using risk adjusted discount rates (2016)Valuation of projects with minimum revenue guarantees: A Gaussian copula–based simulation approach (2016)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)EFFICIENT CAPITAL MARKETS: A REVIEW OF THEORY AND EMPIRICAL WORK* (1970)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)A Fresh Look at the Efficient Market Hypothesis: How the Intellectual History of Finance Encouraged a Real “Fraud-on-The-Market” (2000)Risk: Traditional Finance versus Behavioral Finance (2008)Adapting financial rationality: Is a new paradigm emerging? (2013)CORPORATE INCOME TAXES AND THE COST OF CAPITAL: A CORRECTION (1963)A STATE‐PREFERENCE MODEL OF OPTIMAL FINANCIAL LEVERAGE (1973)INTERACTIONS OF CORPORATE FINANCING AND INVESTMENT DECISIONS—IMPLICATIONS FOR CAPITAL BUDGETING (1974)Interest Rate Uncertainty and the Value of Bond Call Protection (1978)OPTIMAL TERMS OF THE CALL PROVISION ON A CORPORATE BOND (1980)On the Matter of Parity among Financial Obligations (1981)A Behavioral Theory of the Firm (1963)Richard M. Cyert & James G. March, A Behavioral Theory of The Firm, Prentice-Hall, Inc., Englewood Cliffs, New Jersey, 1963, 332 s. (1964)The Quarterly Journal of Economics (2024)The Pricing of Options and Corporate Liabilities (1973)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)Applying the Market Model to Long-Term Corporate Bonds (1980)Time-Varying Return and Risk in the Corporate Bond Market (1990)Expected Returns, Yield Spreads, and Asset Pricing Tests (2004)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)The Theory of Financial Management. (1964)Problems with the Concept of the Cost of Capital (1978)The Weighted Average Cost of Capital as a Cutoff Rate: A Further Analysis (1979)The cost of capital, corporation finance and the theory of investment (2008)The Valuation of Risk Assets and the Selection of Risky Investments in Stock Portfolios and Capital Budgets (1965)Portfolio Theory and Capital Markets. (1972)THE VALUATION OF RISK ASSETS AND THE SELECTION OF RISKY INVESTMENTS IN STOCK PORTFOLIOS AND CAPITAL BUDGETS**This paper is another in a series of interrelated theoretical and statistical studies of corporate financial and investment policies being made under grants from the Rockefeller Foundation, and more recently the Ford Foundation, to the Harvard Business School. The generous support for this work is most gratefully acknowledged. The author is also much indebted to his colleagues Professors Bishop, Christenson, Kahr, Raiffa, and (especially) Schlaifer, for extensive discussion and commentary on an earlier draft of this paper; but responsibility for any errors or imperfections remains strictly his own.[Professor Sharpe's paper, “Capital Asset Prices: A Theory of Market Equilibrium Under Conditions of Risk” (Journal of Finance, September 1964) appeared after this paper was in final form and on its way to the printers. My first section, which parallels the first half of his paper (with corresponding conclusions), sets the algebraic framework for sections II, III and VI, (which have no counterpart in his paper) and for section IV on the equilibrium prices of risk assets, concerning which our results differ significantly for reasons which will be explored elsewhere. Sharpe does not take up the capital budgeting problem developed in section V below.] (1975)Correct or incorrect application of CAPM? Correct or incorrect decisions with CAPM? (2007)A Credit Score System for Socially Responsible Lending (2014)An Economic Disturbance Theory of Mergers (1969)DIVERSIFICATION, PORTFOLIO ANALYSIS AND THE UNEASY CASE FOR CONGLOMERATE MERGERS (1970)A PURE FINANCIAL RATIONALE FOR THE CONGLOMERATE MERGER (1971)Premium, merger fees and the choice of investment banks: A simultaneous analysis (2007)A note on mergers and acquisitions (2008)Complex Managerial Decisions Involving Multiple Objectives (1973)The Theory of Financial Decisions. (1980)
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  • 1978THE RELATIONSHIP BETWEEN YIELD, RISK, AND RETURN OF CORPORATE BONDS57 cited
  • 1977SOME OBSERVATIONS ON RISK‐ADJUSTED DISCOUNT RATES54 cited
  • 1975Why risk analysis isn't working37 cited
  • 1975THE COST OF CAPITAL AS A WEIGHTED AVERAGE35 cited
  • 1980ON THE NEGATIVE RISK PREMIUM FOR RISK ADJUSTED DISCOUNT RATES32 cited
  • 1977BOND REFUNDING: A CLARIFYING ANALYSIS31 cited
  • 1979A Multiple Objective Approach to Capital Budgeting31 cited
  • 1985A POST KEYNESIAN VIEW OF MODERN FINANCIAL ECONOMICS: IN SEARCH OF ALTERNATIVE PARADIGMS29 cited
  • 1981Evaluating International Projects: An Adjusted Present Value Approach24 cited
  • 1977AN EMPIRICAL TEST OF THE LARSON‐GONEDES EXCHANGE RATIO DETERMINATION MODEL23 cited

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