Details about Michael C. Jensen

Access statistics for papers by Michael C. Jensen.

Last updated 2009-11-04. Update your information in the RePEc Author Service.

Short-id: pje57

Working Papers

1988

1. COMPENSATION AND INCENTIVES: PRACTICE VS. THEORY
   Working Papers, Rochester, Business - Managerial Economics Research Center View citations
   See also Journal Article in Journal of Finance (1988)
2. PERFORMANCE PAY AND TOP MANAGEMENT INCENTIVES
   Working Papers, Rochester, Business - Managerial Economics Research Center View citations
   See also Journal Article in Journal of Political Economy (1990)
3. THE DISTRIBUTION OF POWER AMONG CORPORATE MANAGERS, SHAREHOLDERS, AND DIRECTORS
   Working Papers, Rochester, Business - Managerial Economics Research Center View citations
   See also Journal Article in Journal of Financial Economics (1988)

Journal Articles

2009

1. Specific Knowledge and Divisional Performance Measurement
   Journal of Applied Corporate Finance, 2009, 21, (2), 49-57
   Also in Journal of Applied Corporate Finance, 1999, 12, (2), 8-17 (1999)

2005

2. Agency Costs of Overvalued Equity
   Financial Management, 2005, 34, (1) View citations

2004

3. The Agency Costs of Overvalued Equity and the Current State of Corporate Finance
   European Financial Management, 2004, 10, (4), 549-565 View citations

2003

4. Paying People to Lie: the Truth about the Budgeting Process
   European Financial Management, 2003, 9, (3), 379-406 View citations
5. The Capital Market as a Growth Engine
   CESifo Forum, 2003, 4, (2), 14-28

2002

6. JUST SAY NO TO WALL STREET: PUTTING A STOP TO THE EARNINGS GAME
   Journal of Applied Corporate Finance, 2002, 14, (4), 41-46 View citations

2001

7. VALUE MAXIMIZATION, STAKEHOLDER THEORY, AND THE CORPORATE OBJECTIVE FUNCTION
   Journal of Applied Corporate Finance, 2001, 14, (3), 8-21 View citations
   Also in European Financial Management, 2001, 7, (3), 297-317 (2001) View citations

1998

8. The Two Key Principles Behind Effective TQM Programs
   European Financial Management, 1998, 4, (3), 401-423

1995

9. SPECIFIC AND GENERAL KNOWLEDGE, AND ORGANIZATIONAL STRUCTURE
   Journal of Applied Corporate Finance, 1995, 8, (2), 4-18 View citations

1994

10. ECONOMICS AND ORGANIZATIONAL INNOVATION
    Contemporary Economic Policy, 1994, 12, (2), 1-20
11. SELF-INTEREST, ALTRUISM, INCENTIVES, AND AGENCY THEORY
    Journal of Applied Corporate Finance, 1994, 7, (2), 40-45 View citations
12. Science, specific knowledge, and total quality management
    Journal of Accounting and Economics, 1994, 18, (3), 247-287 View citations
13. THE MODERN INDUSTRIAL REVOLUTION, EXIT, AND THE FAILURE OF INTERNAL CONTROL SYSTEMS
    Journal of Applied Corporate Finance, 1994, 6, (4), 4-23 View citations
    Also in Journal of Finance, 1993, 48, (3), 831-80 (1993) View citations
14. THE NATURE OF MAN
    Journal of Applied Corporate Finance, 1994, 7, (2), 4-19 View citations

1991

15. CORPORATE CONTROL AND THE POLITICS OF FINANCE
    Journal of Applied Corporate Finance, 1991, 4, (2), 13-34 View citations

1990

16. CEO INCENTIVES - IT'S NOT HOW MUCH YOU PAY, BUT HOW
    Journal of Applied Corporate Finance, 1990, 3, (3), 36-49 View citations
17. Editorial
    Journal of Financial Economics, 1990, 28, (1-2), 3-5
18. Performance Pay and Top-Management Incentives
    Journal of Political Economy, 1990, 98, (2), 225-64 View citations
    See also Working Paper (1988)
19. Preface
    Journal of Financial Economics, 1990, 27, (1), 1-3
    Also in Journal of Financial Economics, 1983, 11, (1-4), 3-3 (1983)
    Journal of Financial Economics, 1986, 15, (1-2), 1-2 (1986)

1989

20. Active Investors, LBOs, and the Privatization of Bankruptcy
    Journal of Applied Corporate Finance, 1989, 2, (1), 35-44 View citations
21. Clinical papers and their role in the development of financial economics
    Journal of Financial Economics, 1989, 24, (1), 3-6 View citations

1988

22. Compensation and Incentives: Practice vs. Theory
    Journal of Finance, 1988, 43, (3), 593-616 View citations
    See also Working Paper (1988)
23. Takeovers: Their Causes and Consequences
    Journal of Economic Perspectives, 1988, 2, (1), 21-48 View citations
24. The distribution of power among corporate managers, shareholders, and directors
    Journal of Financial Economics, 1988, 20, (1-2), 3-24 View citations
    See also Working Paper (1988)

1987

25. The free cash flow theory of takeovers: a financial perspective on mergers and acquisitions and the economy
    Conference Series ; [Proceedings], 1987, 102-148 View citations

1986

26. Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers
    American Economic Review, 1986, 76, (2), 323-29 View citations
27. Analysis of alternative standing doctrines
    International Review of Law and Economics, 1986, 6, (2), 205-216

1985

28. Management compensation and the managerial labor market
    Journal of Accounting and Economics, 1985, 7, (1-3), 3-9 View citations
29. Organizational forms and investment decisions
    Journal of Financial Economics, 1985, 14, (1), 101-119 View citations

1983

30. Agency Problems and Residual Claims
    Journal of Law & Economics, 1983, 26, (2), 327-49 View citations
31. Separation of Ownership and Control
    Journal of Law & Economics, 1983, 26, (2), 301-25 View citations
32. The market for corporate control: The scientific evidence
    Journal of Financial Economics, 1983, 11, (1-4), 5-50 View citations

1979

33. Rights and Production Functions: An Application to Labor-managed Firms and Codetermination
    Journal of Business, 1979, 52, (4), 469-506 View citations

1978

34. Some anomalous evidence regarding market efficiency
    Journal of Financial Economics, 1978, 6, (2-3), 95-101 View citations

1976

35. Theory of the firm: Managerial behavior, agency costs and ownership structure
    Journal of Financial Economics, 1976, 3, (4), 305-360 View citations

1972

36. Capital Markets: Theory and Evidence
    Bell Journal of Economics, 1972, 3, (2), 357-398 View citations
37. Corporate Investment under Uncertainty and Pareto Optimality in the Capital Markets
    Bell Journal of Economics, 1972, 3, (1), 151-174 View citations

1970

38. Random Walks and Technical Theories: Some Additional Evidence
    Journal of Finance, 1970, 25, (2), 469-82 View citations

1969

39. Risk, The Pricing of Capital Assets, and the Evaluation of Investment Portfolios
    Journal of Business, 1969, 42, (2), 167-247 View citations