Chapter | The Modern Theory of Corporate Finance | 1984

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

by Michael Jensen and William H. Meckling

Keywords: Managerial Roles; Management Style; Ownership; Organizational Structure; Theory;

Citation:

Jensen, Michael, and William H. Meckling. "Theory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure." In The Modern Theory of Corporate Finance, edited by Michael C. Jensen and Clifford H. Smith Jr.. McGraw-Hill, 1984. (Also in Economics of Corporation Law & Securities Regulation, Posner & Scott, Eds, (Little Brown,1980); Jensen, Foundations of Organizational Strategy, (HUP, 1998); & Theory of the Firm. . . (HUP, 2000) and JFE.)