110 Pages Posted: 21 Apr 1998 Last revised: 17 Jan 2011
Date Written: October 17, 1999
In Coordination, Control, and the Management of Organizations (CCMO) we periodically hand out an abbreviated set of course notes to students that follow reasonably closely the class schedule and discussions in the first half of the course. The notes are designed to help students organize the main points of the class discussions and their own notes, and are not intended to be a stand-alone text (although that project is underway). These notes were first created in the mid-1970s by Jensen and Meckling for use in their CCMO course at the Rochester's Simon School of Business. Three faculty at Rochester involved in the course have published a written and somewhat supplemented version of the Course Notes as they were left in 1989 on Jensen's departure from Rochester. The notes have continued to evolve over time with the course and with the contributions of fellow teaching faculty George P. Baker and Karen H. Wruck.
We hand out the notes in two parts after we have completed discussion of the material. We have found that class discussions and learning are vastly improved if the notes are available to the students only after they have read and discussed the material. We ask students not to use notes from past semesters, to treat the notes in the same way they would treat information from fellow students in an earlier class or in an exam and not to distribute the notes to others.
The CCMO materials are presented in four electronic documents entitled as follows (you can go directly to each document and its abstract by clicking on the title below):
1. Organizations and Markets: History and Development of the Course and the Field, by Michael C. Jensen, George P. Baker, Carliss Y. Baldwin, and Karen H. Wruck, Dec. 10, 1997 (forthcoming in "The Intellectual Venture Capitalist: John H. McArthur and the Work of the Harvard Business School," 1980-1995, Thomas K. McCraw and Jeffrey L. Cruickshank, eds, (Harvard Business School Press, 1998)).
2. This document -- Coordination, Control, and the Management of Organizations: Course Notes, by Michael C. Jensen and William H. Meckling, with contributions from George P. Baker and Karen H. Wruck, April 20, 1998, Harvard Business School Working Paper.
3. Coordination, Control, and the Management of Organizations: Course Content and Materials, by Michael C. Jensen and Karen H. Wruck, April 20, 1998, unpublished manuscript, Harvard Business School.
4. Coordination, Control, and the Management of Organizations: Practice Questions, by Michael C. Jensen, William H. Meckling, George P. Baker, and Karen H. Wruck, with contributions from Carliss Y. Baldwin, and Malcolm S. Salter, April 20, 1998, unpublished manuscript, Harvard Business School.
Return to main CCMO abstract.
Notes: Sadly, Dr. Meckling, Dean Emeritus of the Simon School, passed away in May 1998.
JEL Classification: A23, D21, D23, D60, G30, J33, J50, L20
Suggested Citation: Suggested Citation
Jensen, Michael C. and Meckling, William H., Coordination, Control, and the Management of Organizations: Course Notes (2nd of 4 Ccmo Documents) (October 17, 1999). Harvard Business School NOM Unit Working Paper No. 98-098. Available at SSRN: https://ssrn.com/abstract=78008 or http://dx.doi.org/10.2139/ssrn.78008