Michael C. Jensen

Michael C. Jensen is a prominent economist and professor known for his work in finance and organizational behavior. He is recognized for developing the concepts of agency theory and the importance of aligning incentives between managers and shareholders in corporations. Jensen's research emphasizes how effective management and proper incentive structures can enhance company performance and decision-making. His ideas have significantly influenced corporate governance, strategic management, and financial economics, making him a key figure in understanding the dynamics of organizations and their economic environments.