Foundations of Organizational Strategy
Download or Read eBook Foundations of Organizational Strategy PDF written by Michael C. Jensen and published by Harvard University Press. This book was released on 2001-03-02 with total page 428 pages. Available in PDF, EPUB and Kindle.
| Author | : Michael C. Jensen |
| Publisher | : Harvard University Press |
| Total Pages | : 428 |
| Release | : 2001-03-02 |
| ISBN-10 | : 9780674005648 |
| ISBN-13 | : 0674005643 |
| Rating | : 4/5 (48 Downloads) |
Book Synopsis Foundations of Organizational Strategy by : Michael C. Jensen
Book excerpt: Presenting the foundations of an integrated theory of organizations, Jensen argues that the cost of transferring information necessitates decentralization of some decision rights in organizations and economies. This in turn requires organizations to solve the control problem that results when self-interested persons do not behave as perfect agents.
