Stewart Myers
#4,789
Most Influential Person Now
American writer and economist
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Economics
Why Is Stewart Myers Influential?
(Suggest an Edit or Addition)According to Wikipedia, Stewart Clay Myers is the Robert C. Merton Professor of Financial Economics at the MIT Sloan School of Management. He is notable for his work on capital structure and innovations in capital budgeting and valuation, and has had a "remarkable influence" on both the theory and practice of corporate finance. Myers, in fact, coined the term "real option". He is the co-author with Richard A. Brealey and Franklin Allen of Principles of Corporate Finance, a widely used and cited business school textbook, now in its 11th edition. He is also the author of dozens of research articles.
Stewart Myers's Published Works
Published Works
- Determinants of corporate borrowing (1977) (12339)
- R-Squared Around the World: New Theory and New Tests (2004) (1391)
- Testing static tradeoff against pecking order models of capital structure 1 This paper has benefited (1999) (1030)
- The Paradox of Liquidity (1995) (971)
- Finance Theory and Financial Strategy (1984) (807)
- Interactions of Corporate Financing and Investment Decisions-Implications for Capital Budgeting (1974) (747)
- Investment, Interest and Capital. (1970) (455)
- Financing of corporations (2003) (350)
- VALUATION OF FINANCIAL LEASE CONTRACTS (1976) (334)
- STILL SEARCHING FOR OPTIMAL CAPITAL STRUCTURE (1993) (323)
- CAPITAL BUDGETING AND THE CAPITAL ASSET PRICING MODEL: GOOD NEWS AND BAD NEWS (1977) (319)
- CAPITAL ALLOCATION FOR INSURANCE COMPANIES (2001) (293)
- The Internal Governance of Firms (2009) (254)
- CONCEPTUAL PROBLEMS IN THE USE OF RISK‐ADJUSTED DISCOUNT RATES* (1966) (246)
- Problems in the Theory of Optimal Capital Structure (1966) (238)
- R&D Accounting and the Tradeoff between Relevance and Objectivity (1999) (186)
- A Lintner Model of Payout and Managerial Rents (2010) (171)
- A Theory of Takeovers and Disinvestment (2005) (150)
- Optimal financing decisions (1965) (149)
- Stock Issues and Investment Policy When Firms Have Information that Investors Do Not Have (1982) (130)
- The application of finance theory to public utility rate cases (1972) (130)
- Tax Asymmetries and Corporate Income Tax Reform (1986) (123)
- Study guide for use with Principles of corporate finance, sixth edition (2000) (116)
- Risk Management Failures : What Are They and When Do They Happen ? (2008) (95)
- Debt and Managerial Rents in a Real-Options Model of the Firm (2007) (91)
- Principles of corporate finance: Global edition (10th edition) (2011) (84)
- A Discounted Cash Flow Approach to Property-Liability Insurance Rate Regulation (1987) (82)
- Calculating abandonment value using option pricing theory (1983) (79)
- Regulating the United States Railroads: The Effects of Sunk Costs and Asymmetric Risk (2002) (67)
- A Programming Approach to Corporate Financial Management (1974) (64)
- A NOTE ON LINEAR PROGRAMMING AND CAPITAL BUDGETING (1972) (64)
- Financing and risk management (2003) (58)
- The Dynamics of Investment, Payout and Debt (2014) (55)
- Valuing the Government&Apos;S Tax Claim on Risky Corporate Assets (1985) (54)
- Capital investment and valuation (2003) (53)
- Valuation Of The Firm: Effects Of Uncertainty In A Market Context (1966) (49)
- Modern Developments in Financial Management (1977) (44)
- A Time-State-Preference Model of Security Valuation (1968) (41)
- Solutions manual for use with principles of corporate finance (2006) (40)
- Venture Capital Contracting and Syndication: An Experiment in Computational Corporate Finance (2005) (36)
- Outside Equity Financing (1998) (35)
- Brealey, Myers, and Allen on Real Options (2008) (35)
- Regulatory Risk: Economic Principles and Applications to Natural Gas Pipelines and Other Industries (1993) (33)
- A Theory of Risk Capital (2014) (33)
- Study Guide for use with Fundamentals of Corporate Finance (1998) (32)
- Notes on an Expert System for Capital Budgeting (1988) (31)
- Fischer Black's Contributions to Corporate Finance (1996) (31)
- Profitability and Capital Costs for Manufacturing Corporations and All Nonfinancial Corporations (1980) (28)
- Discounting Rules for Risky Assets (1987) (24)
- Finance, Theoretical and Applied (2015) (24)
- QUANTIFYING THE STRATEGIC OPTION VALUE OF TECHNOLOGY INVESTMENTS (2004) (23)
- On the Use of Beta in Regulatory Proceedings: A Comment (1972) (19)
- Financial Reform and Corporate Governance in China (2002) (19)
- TAXES, CORPORATE FINANCIAL POLICY AND THE RETURN TO INVESTORS: COMMENT (1967) (18)
- Changes in the Age Distribution of Income in the United States, 1968-1984 (1985) (18)
- Tax Asymmetries and Corporate Tax Reform (1987) (18)
- A LINTNER MODEL OF DIVIDENDS AND MANAGERIAL RENTS (2011) (15)
- Fundamentals of Corporate Finance 7th Edition (2012) (15)
- INFLATION AND RATE OF RETURN REGULATION (1985) (13)
- On the Use of Modern Portfolio Theory in Public Utility Rate Cases: Comment (1978) (11)
- Signaling and Accounting Information (1989) (11)
- R&D OPTION STRATEGIES (2001) (10)
- Business Finance Issues: Discussion (1971) (10)
- Brealey, Myers, and Allen on Capital Budgeting, Capital Structure, and Agency Issues (2008) (10)
- Valuation Under Uncertainty: Comment (1968) (10)
- Procedures for capital budgeting under uncertainty (2013) (9)
- Real Options, Taxes and Financial Leverage (2012) (9)
- Trends in Corporate Profitability and Capital Costs (2015) (8)
- Venture Capital: An Experiment in Computational Corporate Finance (2004) (7)
- EBOOK : Principles of Corporate Finance, 13th Edition (2020) (5)
- Merton H. Miller's Contributions to Financial Economics (1991) (5)
- Liquidity and the rise of financial intermediation (1995) (5)
- Study guide for Principles of corporate finance (2011) (4)
- Vanderbilt University Roundtable on the Capital Structure Puzzle (2023) (4)
- Growth Risk of Nontraded Industries and Asset Pricing (2019) (3)
- Solutions manual for principles of corporate finance (2014) (3)
- MIT Sloan School of Management and NBER (2018) (3)
- Effects of uncertainty on the valuation of securities and the financial decisions of the firm (1966) (3)
- Financial Puzzles (2006) (2)
- The Controversy Over Executive Compensation (2004) (2)
- A programming model for corporate financial management (1973) (2)
- A simple model of firm behavior under regulation and uncertainty (2015) (2)
- The Internal Governance of Firms 1 Viral (2008) (1)
- Discussion of " Capital Allocation for Insurance Companies " by (2003) (1)
- On the Interaction of Corporate Financing and Investment Decisions and the Weighted Average Cost of Capital (2011) (1)
- Corporate income tax reform (2019) (1)
- Risk Capital: Theory and Applications (2021) (1)
- Regulation and Corporate Investment Policy: Discussion (1982) (1)
- DESIGN OF CORPORATE GOVERNANCE: (2005) (1)
- Capital Structure (1)
- Financial Models of Regulated Firms: Discussion (1975) (1)
- Agency dynamics in corporate finance (2016) (1)
- Principles of Corporate Finance with Cdrom (2000) (1)
- APITAL A LLOCATION FOR I NSURANCE C OMPANIES (2001) (0)
- Risk Analysis for Natural Gas Pipelines (1993) (0)
- Two Views of Pipeline Risk (1993) (0)
- Response to Brown (1996) (0)
- Real Options and Hidden Leverage ∗ (2022) (0)
- Addressing Excessive Risk-Taking in the Financial Sector: A Corporate Governance Approach-G20 Insights (2020) (0)
- Enhancing Enterprise Value: Value to Investors (2000) (0)
- Economic principles and applications to natural gas pipelines and other industries (1994) (0)
- Risk and Return in R&D-Intensive Industries (1995) (0)
- Dewey Working Paper Alfred P. Sloan School of Management Vertical Market Arrangements, Risk-shifting, and Natural Gas Pipeline Regulation Vertical Market Arrangements, Risk-shifting, and Natural Gas Pipeline Regulation Working Paper #1369-82 (2008) (0)
- Applicability of Finance Theory to Public Utility Rate Cases (2015) (0)
- Policy Statement on Social Security (1999) (0)
- The Theory of Regulatory Risk (1993) (0)
- American Finance Association The Internal Governance of Firms Author ( s ) : VIRAL (2015) (0)
- Payout, debt and takeovers in declining industries (2004) (0)
- SCHOOL OF MANAGEMENT TRENDS IN CORPORATE PROFITABILITY AND CAPITAL COSTS (2008) (0)
- Sources of Asymmetric Risk in Regulated Industries (1993) (0)
- Frontiers of Finance: The Batterymarch Fellowship Papers (1990) (0)
- Regulatory Risk: Objections to the Theory (1993) (0)
- A Programing Model for Corporate Financial Management a Programming Model for Corporate Financial Management (0)
- Risk of the Interstate Natural Gas Pipeline Industry: Summary (1993) (0)
- Two Fundamental Questions (1993) (0)
- Comments on capital stocks and investment flows in the U.S. economy: The effects of economic pricing in the electric and gas utilities (1985) (0)
- Research on Mergers, Conglomerates, and Diversification. (1979) (0)
- Recent Trends in the Interstate Gas Pipeline Industry (1993) (0)
- Pioneers in Finance: An Interview with Stewart Myers (2013) (0)
- Linear Programming for Financial Planning Under Uncertainty (2015) (0)
- Book Review:Capital Budgeting-A Quantitative Evaluation of Investment Alternatives. Robert V. Oakford (1972) (0)
- Solutions Manual to accompany Principles of Corporate Finance (2016) (0)
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What Schools Are Affiliated With Stewart Myers?
Stewart Myers is affiliated with the following schools: