Publications

08 Jul 2014
First Look

First Look: July 8

plans-epitomized by the ubiquitous 401(k)-which transfer the investment risk from the company to the employee. With that transfer has come a dangerous shift in investment focus, argues Nobel Laureate Robert View Details

Keywords: Carmen Nobel

23 Mar 2010
First Look

First Look: March 23

United States. In recent years, however, this centralized approach to the collection and analysis of adverse events through doctor-initiated case reports has been superseded by innovative, though episodic, pharmacoepidemiological studies... View Details

Keywords: Martha Lagace

28 Jan 2014
First Look

First Look: January 28

predict the future, with the aim of profiting from their forecasts. This book chronicles the lives and careers of the men who defined this first wave of economic fortune tellers, men such as Roger Babson, Irving Fisher, John Moody, C. J.... View Details

Keywords: Sean Silverthorne

02 Feb 2010
First Look

First Look: Feb. 2

achieve actionable transparency by embedding their design in a centralized system with a shared design language and near-real-time updating, where everyone with an interest in improving the design has the right and the means to act on it.... View Details

Keywords: Martha Lagace

20 Feb 2018
First Look

First Look at New Research and Ideas, February 20, 2018

market regulation. New Deal partnerships in planning borrowed from those efforts to manage competitive markets, yet ultimately discredited the fair trade model by mandating economy-wide trade rules that sharply reduced competition. Laura... View Details

Keywords: Sean Silverthorne

01 Sep 2009
News

Executive Pay: Onward & Upward

departing executives soon become common practice. 1990 To better align executive pay with shareholder returns, academics — led by HBS professor Michael Jensen — and activists... View Details

Keywords: Corporate Services; Management, Scientific, and Technical Consulting Services; Professional Services

2003
Chapter

What's a Director to Do?

By: Michael C. Jensen and Joseph Fuller

Keywords: Managerial Roles; Decision Making

1995
Chapter

U.S. Corporate Governance: Lessons from the 1980s

By: Michael C. Jensen and Donald Chew

Keywords: Corporate Governance; United States

June 1991 (Revised November 1996)
Supplement

Fighton, Inc. (B)

By: Michael C. Jensen and Karen Wruck

Find at Harvard

September 1990 (Revised November 1996)
Case

Fighton, Inc. (A)

By: Michael C. Jensen and Karen Wruck

Find at Harvard

December 1998
Supplement

Gordon Cain

By: Michael C. Jensen and Brian Barry

December 1990 (Revised February 2000)
Supplement

Wisconsin Central Ltd. Railroad and Berkshire Partners, Video

By: Michael C. Jensen and Brian Barry

Edward Burkhardt, president and CEO of Wisconsin Central, and Carl Freebback, general partner of Berkshire Partners, engage in a question and answer session with the students. View Details

Keywords: Financial Management; Governing and Advisory Boards; Leveraged Buyouts; Financial Condition; Financing and Loans; Corporate Finance; Rail Industry

2010
Working Paper

A 'Value-Free' Approach to Values (PDF File of PowerPoint Slides)

By: Michael C. Jensen and Werner Erhard

We argue here that the three factors we identify as constituting the foundation for being a leader and the effective exercise of leadership can also be seen as "A 'Value-Free' Approach to Values" that proves to be very effective in allowing students to acquire the... View Details

Keywords: Leadership Development; Attitudes; Values and Beliefs

11 Aug 2009
First Look

First Look: August 11, 2009

from 3% to 15% as a fraction of government budget without negatively affecting publication quality and quantity. This follows incentive policy change and leadership change at labs, an event whose timing is plausibly exogenous being dictated View Details

Keywords: Martha Lagace

September 1998 (Revised September 1998)
Teaching Note

Wisconsin Central Ltd. Railroad and Berkshire Partners Series TN

By: Michael C. Jensen and Brian Barry

Teaching Note for (9-190-062), (9-190-070), and (9-891-509). View Details

Keywords: Rail Industry

2002
Other Unpublished Work

What's a Director to Do?

By: Michael C. Jensen and Joseph Fuller

Keywords: Decision Making

September 1998
Teaching Note

Gordon Cain and the Sterling Group Series TN

By: Michael C. Jensen and Brian Barry

Teaching Note for (9-492-021) and (9-492-022). View Details

Keywords: Banking Industry; Chemical Industry; Houston

June 1991
Teaching Note

Fighton, Inc. (A) and (B), Teaching Note

By: Michael C. Jensen and Karen Wruck