Michael C. Jensen
Michael C. Jensen is an American economist known for his work in the field of financial economics, particularly in the areas of corporate finance, organizational theory, and agency theory. He is a Professor Emeritus at Harvard Business School and has made significant contributions to the understanding of corporate governance and the role of incentives in business.
Books
This list of books are ONLY the books that have been ranked on the lists that are aggregated on this site. This is not a comprehensive list of all books by this author.
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1. A Theory Of The Firm
Governance, Residual Claims, and Organizational Forms
This book delves into the intricate dynamics of corporate governance, exploring how firms operate as complex entities driven by the interplay of various stakeholders, including managers, shareholders, and employees. It examines the fundamental principles that guide decision-making within firms, emphasizing the importance of aligning incentives to optimize performance and value creation. Through a blend of theoretical insights and empirical evidence, the book offers a comprehensive framework for understanding the economic and organizational factors that influence firm behavior and performance in competitive markets.
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