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Foundations Of Organizational Strategy Book

Foundations Of Organizational Strategy
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  • Foundations Of Organizational Strategy
  • Written by author Michael C. Jensen
  • Published by Harvard University Press, March 2001
  • In this volume, Michael Jensen and his collaborators present the foundations of an integrated theory of organizations. The theory assumes that organizations are equilibrium systems that, like markets, can be influenced, but cannot be told what to do; that
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Authors

Preface

Introduction

I. Fundamental Building Blocks of the Theory

1. The Nature of Man

2. Self-Interest, Altruism, Incentives, and Agency Theory

3. Theory of the Firm: Managerial Behavior, Agency Costs, and Ownership Structure

4. Specific and General Knowledge and Organizational Structure

5. Organization Theory and Methodology

II. Residual Claims and Organizational Forms

6. Agency Problems and Residual Claims

7. Separation of Ownership and Control

III. Compensation

8. Compensation and Incentives: Practice versus Theory

9. Performance Pay and Top-Management Incentives

10. CEO Incentives: It's Not How Much You Pay, But How

IV. Organizational Applications of the Theory

11. Science, Specific Knowledge, and Total Quality Management

12. Divisional Performance Measurement

Notes

References

Acknowledgments

Index


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