A Theory of the Firm : : Governance, Residual Claims, and Organizational Forms / / Michael C. Jensen.
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 incent...
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| Superior document: | Title is part of eBook package: De Gruyter HUP eBook Package Archive 1893-1999 |
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| VerfasserIn: | |
| Place / Publishing House: | Cambridge, MA : : Harvard University Press, , [2003] ©2003 |
| Year of Publication: | 2003 |
| Language: | English |
| Online Access: | |
| Physical Description: | 1 online resource (323 p.) |
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