Publications
Publications
  • 1985
  • Chapter
  • Recent Advances in Corporate Finance

Stockholder, Manager, and Creditor Interests: Applications of Agency Theory

By: Michael Jensen and Clifford W. Smith Jr.
  • Format:Print
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Keywords

Agency Theory; Business and Shareholder Relations; Financing and Loans; Credit; Borrowing and Debt

Citation

Jensen, Michael, and Clifford W. Smith Jr. "Stockholder, Manager, and Creditor Interests: Applications of Agency Theory." In Recent Advances in Corporate Finance, edited by E. I. Altman and M. G. Subrahmanyam. Homewood, IL: Richard D. Irwin, 1985. (Reprinted in Theory of the Firm: Governance, Residual Claims, and Organizational Forms, (Harvard University Press, 2000).)

About The Author

Michael C. Jensen

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