Michael C. Jensen – författare
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3 produkter
Foundations of Organizational Strategy
Häftad, 2001
466 kr
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In this volume, Michael Jensen and his collaborators present the foundations of an integrated theory of organizations. The theory assumes that organizations are equilibrium systems that, like markets, can be influenced, but cannot be told what to do; that human beings are rational and …
Theory of the Firm
Governance, Residual Claims, and Organizational Forms
Häftad, 2003
322 kr
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This collection examines the forces, both external and internal, that lead corporations to behave efficiently and to create wealth. Corporations vest control rights in shareholders, the author argues, because they are the constituency that bear business risk and therefore have the appropriate …
CEO Pay And What to Do About It
Restoring Integrity to Both Executive Compensation And Capital-market Relations
Av Michael C. Jensen, Kevin J. Murphy
Inbunden, 2025
482 kr
Tillfälligt slut
This book proposes a whole new system for incenting managers to act in the best interests of company owners. Reversing his earlier position - that companies probably weren't paying enough to attract the best executive talent - Jensen and his coauthors are now positing that, in fact, pay packages …