Some highpoints of the history Black Scholes and Option "The Pricing of Option and Corporate Liabilities",Journal of Political Economy,1973 Michael Jensen William Meckling and Agency Problem "Theory of the Firm:Managerial Behavior, Agency Costs,and Ownership Structure",JFE 1976 22-622-6 Some highpoints of the history Some highpoints of the history ƒ Black & Scholes and Option “The Pricing of Option and Corporate Liabilities” ,Journal of Political Economy,1973 ƒ Michael Jensen & William Meckling and Agency Problem "Theory of the Firm: Managerial Behavior, Agency Costs, and Ownership Structure”, JFE, 1976