English, Article edition: Specific Knowledge and Divisional Performance Measurement Michael C. Jensen; William H. Meckling

User activity

Share to:
 
Bookmark: http://trove.nla.gov.au/version/108906
Physical Description
  • article
Language
  • English

Edition details

Title
  • SPECIFIC KNOWLEDGE AND DIVISIONAL PERFORMANCE MEASUREMENT
Author
  • Michael C. Jensen
  • William H. Meckling
Physical Description
  • article
Notes
  • This classic by the formulators of agency cost theory discusses five common divisional performance measurement methods-cost centers, revenue centers, profit centers, investment centers, and expense centers-while providing a theory that attempts to explain when each of these methods is likely to be the most efficient. The central insight of the theory is that each method offers a different way of aligning decision-making authority with valuable "specific knowledge" inside the organization. Copyright Copyright (c) 2009 Morgan Stanley.
  • RePEc:bla:jacrfn:v:21:y:2009:i:2:p:49-57
  • This paper discusses five common divisional performance measurement methods-cost centers, revenue centers, profit centers, investment centers, and expense centers-and provides the beginnings of a theory that attempts to explain when each of these five methods is likely to be the most efficient. The central insight of the theory is that each of these methods offers an alternative way of aligning decision-making authority with valuable "specific knowledge" inside the organization. 1999 Morgan Stanley.
  • RePEc:bla:jacrfn:v:12:y:1999:i:2:p:8-17
Language
  • English
Contributed by
OAIster

Get this edition

  • Set up My libraries

    How do I set up "My libraries"?

    In order to set up a list of libraries that you have access to, you must first login or sign up. Then set up a personal list of libraries from your profile page by clicking on your user name at the top right of any screen.

  • All (1)
  • Unknown (1)
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.
None of your libraries hold this item.

User activity


e.g. test cricket, Perth (WA), "Parkes, Henry"

Separate different tags with a comma. To include a comma in your tag, surround the tag with double quotes.

Be the first to add a tag for this edition

Be the first to add this to a list

Comments and reviews

What are comments? Add a comment

No user comments or reviews for this version

Add a comment