Journal of Applied Finance, No. 2, 2010
8 Pages Posted: 30 Oct 2010 Last revised: 12 Oct 2012
Date Written: December 20, 2011
This interview is Part 1 Video 2 of a two-part series (contained in 4 videos) in which Professor Ralph Walkling, the Stratakis Chair in Corporate Governance and Executive Director of the Center for Corporate Governance at Drexel University, interviews Professor Michael C. Jensen, Jesse Isidor Straus Professor of Business Administration, Emeritus, of the Harvard Business School, on topics ranging from his early work to current research.
The transcript covers what led to his agency theory and corporate governance work, and the resistance he experienced in getting this early work published. Additionally, Professor Jensen reflects on the evolution in the market for corporate control over the past 20 years and discusses topical issues regarding the financial crisis, boards of directors, governance, and compensation.
Links to all 4 of the videos follow:
Part (1) Video (1) PDF file of the Transcript of the first half of the full interview is available here.
Part (1) Video (2)
Part (2) Video (3) PDF file of the Transcript of the second half of the full interview is available here.
Part (2) Video (4).
Keywords: Agency Theory, Market for Corporate Control, Private Equity
JEL Classification: A13, D74, G14, G30, L21, M10
Suggested Citation: Suggested Citation
Jensen, Michael C. and Walkling, Ralph A., Video: Pioneers in Finance: An Interview with Michael C. Jensen - Part 1 Video 1 (December 20, 2011). Journal of Applied Finance, No. 2, 2010; Barbados Group Working Paper No. 10-12; Harvard Business School NOM Unit Working Paper No. 11-045. Available at SSRN: https://ssrn.com/abstract=1699862 or http://dx.doi.org/10.2139/ssrn.1699862
By David Hess