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(1984), Jensen (1986), Fluck (1998a, 1998b), Myers (1998), Gomes (1998), to the analysis of the modern corporation (Berle and Means (1932), Jensen and.
 (Jensen, 1986). Nowadays, the main issue for capital structure is how to resolve the conflict on the firms' resources between managers and owners (Jensen
 Problems in Selection of Security Portfolios. THE PERFORMANCE OF MUTUAL FUNDS IN THE PERIOD 1945–1964. Authors. Michael C. Jensen. Close author
 25 Nov 2002 Michael C. Jensen. The Journal of Finance, Volume 23, Issue 2, Papers and Proceedings of the Twenty-Sixth. Annual Meeting of the American
 Michael C. Jensen. The American Economic Review, Vol. 76, No. 2, Papers and Proceedings of the Ninety-Eighth. Annual Meeting of the American Economic
 23 Jun 2006 Jensen 1986; Stulz 1990). When managers' objectives differ from those of shareholders, the presence of internally generated cash flow in
 Download this Paper Open PDF in Browser. Share: 2, May 1986 Jensen, Michael C., Agency Cost Of Free Cash Flow, Corporate Finance, and Takeovers.
 Author(s): Michael C. Jensen Eighth Annual Meeting of the American Economic Association (May, 1986), pp. 323- tems require (see George Baker, 1986).
 By Michael Jensen; Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers. American Economic Review, 1986, vol. 76, issue 2, 323-29.
 M. C. Jensen and J. B. Warner, Power and gooemmce iti coqwrutions. 5 [Grossman and Hart (1982), Jensen (1986a, b)k so firm vaiue will depend on.
     
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