A theory of the firm : governance, residual claims, and organizational forms
- Title
- A theory of the firm : governance, residual claims, and organizational forms / Michael C. Jensen.
- Published by
- Cambridge, MA : Harvard University Press, [2000], ©2000.
- Author
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Status | Format | Access | Call number | Item location |
---|---|---|---|---|
Status | FormatText | AccessRequest in advance | Call numberHD2741 .J46 2000 | Item locationOff-site |
Details
- Description
- 311 pages : illustrations; 25 cm
- Summary
- "This collection examines the forces, both external, and internal, that lead corporations to behave efficiently and to create wealth."--BOOK JACKET.
- Subject
- Contents
- I. Corporate Governance and the Market for Corporate Control. 1. U.S. Corporate Governance: Lessons from the 1980s. 2. The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems. 3. Active Investors, LBOs, and the Privatization of Bankruptcy -- II. Agency Costs, Residual Claims, and Incentives. 4. Theory of the Firm: Managerial Behavior, Agency Costs, and Ownership Structure. 5. Stockholder, Manager, and Creditor Interests: Applications of Agency Theory. 6. Rights and Production Functions: An Application to Labor-Managed Firms and Codetermination. 7. Organizational Forms and Investment Decisions. 8. The Distribution of Power among Corporate Managers, Shareholders, and Directors.
- Owning institution
- Columbia University Libraries
- Bibliography (note)
- Includes bibliographical references (p. 277-300) and index.