Order

Field

Literature Title and Publish Date

Author

Citation Frequency/

Centrality

1

Asset pricing

Common risk factors in the returns on stocks and bonds (1993)

Fama and French

434

On persistence in mutual fund performance (1997)

Carhart

290

Estimating standard errors in finance panel data sets: Comparing approaches (2009)

Petersen

275

Illiquidity and stock returns: Cross-section and time-series effects (2002)

Amihud

194

The pricing of options and corporate liabilities (1973)

Black and Scholes

163

Returns to buying winners and selling losers: Implications for stock market efficiency (1993)

Jegadeesh and Titman

163

Growth or glamour? Fundamentals and systematic risk in stock returns (2010)

Campbell et al.

0.66

A simple way to estimate bid-ask spreads from daily high and low prices (2012)

Corwin and Schultz

0.58

2

Corporation finance

Theory of the firm: managerial behavior, agency costs and ownership structure (1976)

Jensen and Meckling

305

Law and finance (1998)

Lopez-de-Silanes et al.

236

Corporate governance and equity prices (2003)

Gompers et al.

202

Corporate financing and investment decisions when firms have information that investors do not have (1984)

Myers and Majluf

191

A survey of corporate governance (1997)

Shleifer and Vishny,

103

What matters in corporate governance? (2009)

Bebchuk et al.

98

Local underwriter oligopolies and IPO underpricing (2011)

Liu and Ritter

0.65

Corporate governance and value creation: Evidence from private equity (2013)

Acharya et al.

0.43

3

Finance intermediation

Financial intermediation and delegated monitoring (1984)

Diamond

104

Measuring mutual fund performance with characteristic-based benchmarks (1997)

Daniel et al.

78

Does function follow organizational form? Evidence from the lending practices of large and small banks (2005)

Berger et al.

73

This time is the same: using bank performance in 1998 to explain bank performance during the recent financial crisis (2012)

Fahlenbrach et al.

0.5

A model of shadow banking (2013)

Gennaioli et al.

0.35

4

Investor’s behave-ours

Prospect theory: an analysis of decisions under risk (1979)

Kahneman and Tversky

57

A model of investor sentiment (1998)

Barberis et al.

52

All that glitters: the effect of attention and news on the buying behavior of individual and institutional investors (2008).

Barber and Odean

47

Nature or nurture: what determines investor behavior? (2010)

Barnea et al.

0.45

Global, local, and contagious investor sentiment (2012)

Baker et al.

0.42