|
Article
| Journal of Applied Corporate Finance
|
winter 1994
The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems
by
M. C. Jensen
|
Keywords: System;
Failure;
Citation:
Jensen, M. C. "The Modern Industrial Revolution, Exit, and the Failure of Internal Control Systems." Journal of Applied Corporate Finance 6, no. 4 (winter 1994). (Reprinted in the JACF, (winter 1994); Finanzmarkt und Portfolio Management, (January 1993); and Jensen, Theory of the Firm, (HUP, 2000) & abridged version forthcoming in Management Revolution. . ., (HUP, 2001).)