Theory of the Firm: Governance, Residual Claims, and Organizational Forms by Michael C. Jensen

Theory of the Firm: Governance, Residual Claims, and Organizational Forms

Michael C. Jensen

323 pages missing pub info (editions)

nonfiction business economics challenging informative medium-paced
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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 bu...

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