Foundations of Organizational Strategy

Abstract

Part 1 Fundamental building blocks of the theory: the nature of man self-interest, altruism, incentives and agency theory theory of the firm - managerial behaviour, agency costs and ownership structure specific and general knowledge and organizational structure organization theory and methodology. Part 2 Residual claims and organizational forms: agency problems and residual claims separation of ownership and control. Part 3 Compensation: compensation and incentives - practice versus theory performance pay and top-management incentives CEO incentives - it's not how much you pay, but how. Part 4 Organizational applications of the theory: science, specific knowledge and total quality management divisional performance measurement.

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