Details about Michael C. Jensen

Access statistics for papers by Michael C. Jensen.

Last updated 2014-06-03. Update your information in the RePEc Author Service.

Short-id: pje57

Working Papers

2014

1. Putting integrity Into Finance: A Purely Positive Approach
   NBER Working Papers, National Bureau of Economic Research, Inc View citations (6)

1988

2. COMPENSATION AND INCENTIVES: PRACTICE VS. THEORY
   Working Papers, Rochester, Business - Managerial Economics Research Center View citations (446)
3. PERFORMANCE PAY AND TOP MANAGEMENT INCENTIVES
   Working Papers, Rochester, Business - Managerial Economics Research Center View citations (8)
   See also Journal Article in Journal of Political Economy (1990)
4. THE DISTRIBUTION OF POWER AMONG CORPORATE MANAGERS, SHAREHOLDERS, AND DIRECTORS
   Working Papers, Rochester, Business - Managerial Economics Research Center View citations (65)
   See also Journal Article in Journal of Financial Economics (1988)

Journal Articles

2010

1. Active Investors, LBOs, and the Privatization of Bankruptcy
   Journal of Applied Corporate Finance, 2010, 22, (1), 77-85 View citations (4)
   Also in Journal of Applied Corporate Finance, 1989, 2, (1), 35-44 (1989) View citations (59)
2. Baylor University Roundtable on The Corporate Mission, CEO Pay, and Improving the Dialogue with Investors
   Journal of Applied Corporate Finance, 2010, 22, (1), 8-31
3. CEO Incentives—It's Not How Much You Pay, But How*
   Journal of Applied Corporate Finance, 2010, 22, (1), 64-76 View citations (18)
   Also in Journal of Applied Corporate Finance, 1990, 3, (3), 36-49 (1990) View citations (137)
4. Just Say No to Wall Street: Putting a Stop to the Earnings Game
   Journal of Applied Corporate Finance, 2010, 22, (1), 59-63 View citations (12)
   Also in Journal of Applied Corporate Finance, 2002, 14, (4), 41-46 (2002) View citations (57)
5. The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems
   Journal of Applied Corporate Finance, 2010, 22, (1), 43-58 View citations (18)
   Also in Journal of Applied Corporate Finance, 1994, 6, (4), 4-23 (1994) View citations (9)
   Journal of Finance, 1993, 48, (3), 831-80 (1993) View citations (2142)
6. Value Maximization, Stakeholder Theory, and the Corporate Objective Function
   Journal of Applied Corporate Finance, 2010, 22, (1), 32-42 View citations (40)
   Also in Journal of Applied Corporate Finance, 2001, 14, (3), 8-21 (2001) View citations (527)
   European Financial Management, 2001, 7, (3), 297-317 (2001) View citations (418)

2009

7. Specific Knowledge and Divisional Performance Measurement
   Journal of Applied Corporate Finance, 2009, 21, (2), 49-57 View citations (4)
   Also in Journal of Applied Corporate Finance, 1999, 12, (2), 8-17 (1999) View citations (2)

2005

8. Agency Costs of Overvalued Equity
   Financial Management, 2005, 34, (1) View citations (185)

2004

9. The Agency Costs of Overvalued Equity and the Current State of Corporate Finance
   European Financial Management, 2004, 10, (4), 549-565 View citations (47)

2003

10. Paying People to Lie: the Truth about the Budgeting Process
    European Financial Management, 2003, 9, (3), 379-406 View citations (81)

1998

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

1995

12. SPECIFIC AND GENERAL KNOWLEDGE, AND ORGANIZATIONAL STRUCTURE
    Journal of Applied Corporate Finance, 1995, 8, (2), 4-18 View citations (108)

1994

13. ECONOMICS AND ORGANIZATIONAL INNOVATION
    Contemporary Economic Policy, 1994, 12, (2), 1-20
14. SELF‐INTEREST, ALTRUISM, INCENTIVES, AND AGENCY THEORY
    Journal of Applied Corporate Finance, 1994, 7, (2), 40-45 View citations (53)
15. Science, specific knowledge, and total quality management
    Journal of Accounting and Economics, 1994, 18, (3), 247-287 View citations (57)
16. THE NATURE OF MAN*
    Journal of Applied Corporate Finance, 1994, 7, (2), 4-19 View citations (70)

1991

17. CORPORATE CONTROL AND THE POLITICS OF FINANCE
    Journal of Applied Corporate Finance, 1991, 4, (2), 13-34 View citations (112)

1990

18. Editorial
    Journal of Financial Economics, 1990, 28, (1-2), 3-5
19. Performance Pay and Top-Management Incentives
    Journal of Political Economy, 1990, 98, (2), 225-64 View citations (1660)
    See also Working Paper (1988)
20. Preface
    Journal of Financial Economics, 1990, 27, (1), 1-3
    Also in Journal of Financial Economics, 1986, 15, (1-2), 1-2 (1986)
    Journal of Financial Economics, 1983, 11, (1-4), 3-3 (1983)

1989

21. Clinical papers and their role in the development of financial economics
    Journal of Financial Economics, 1989, 24, (1), 3-6 View citations (14)

1988

22. Takeovers: Their Causes and Consequences
    Journal of Economic Perspectives, 1988, 2, (1), 21-48 View citations (348)
23. The distribution of power among corporate managers, shareholders, and directors
    Journal of Financial Economics, 1988, 20, (1-2), 3-24 View citations (74)
    See also Working Paper (1988)

1987

24. The free cash flow theory of takeovers: a financial perspective on mergers and acquisitions and the economy
    Conference Series ; [Proceedings], 1987, 31, 102-148 View citations (6)

1986

25. Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers
    American Economic Review, 1986, 76, (2), 323-29 View citations (6543)
26. Analysis of alternative standing doctrines
    International Review of Law and Economics, 1986, 6, (2), 205-216 View citations (1)

1985

27. Management compensation and the managerial labor market
    Journal of Accounting and Economics, 1985, 7, (1-3), 3-9 View citations (20)
28. Organizational forms and investment decisions
    Journal of Financial Economics, 1985, 14, (1), 101-119 View citations (115)

1983

29. Agency Problems and Residual Claims
    Journal of Law and Economics, 1983, 26, (2), 327-49 View citations (857)
30. Separation of Ownership and Control
    Journal of Law and Economics, 1983, 26, (2), 301-25 View citations (3636)
31. The market for corporate control: The scientific evidence
    Journal of Financial Economics, 1983, 11, (1-4), 5-50 View citations (945)

1979

32. Rights and Production Functions: An Application to Labor-managed Firms and Codetermination
    The Journal of Business, 1979, 52, (4), 469-506 View citations (218)

1978

33. Some anomalous evidence regarding market efficiency
    Journal of Financial Economics, 1978, 6, (2-3), 95-101 View citations (328)

1976

34. Theory of the firm: Managerial behavior, agency costs and ownership structure
    Journal of Financial Economics, 1976, 3, (4), 305-360 View citations (12504)

1972

35. Capital Markets: Theory and Evidence
    Bell Journal of Economics, 1972, 3, (2), 357-398 View citations (48)
36. Corporate Investment under Uncertainty and Pareto Optimality in the Capital Markets
    Bell Journal of Economics, 1972, 3, (1), 151-174 View citations (8)

1970

37. Random Walks and Technical Theories: Some Additional Evidence
    Journal of Finance, 1970, 25, (2), 469-82 View citations (111)

1969

38. Risk, The Pricing of Capital Assets, and the Evaluation of Investment Portfolios
    The Journal of Business, 1969, 42, (2), 167-247 View citations (173)

1968

39. THE PERFORMANCE OF MUTUAL FUNDS IN THE PERIOD 1945–1964
    Journal of Finance, 1968, 23, (2), 389-416 View citations (901)

Chapters

2012

1. arbitrage, information theft and insider trading
   Palgrave Macmillan