Managerial Economics & Organizational Architecture by James Brickley

Managerial Economics & Organizational Architecture by James Brickley

With two distinct objectives, this text’s approach to managerial economics takes models from recent economics research and applies the research to the internal structure of a firm. After teaching basic applied economics, the authors look inside the firm and apply this analysis to management decision making. Authors Brickley, Smith, and Zimmerman contend that organizational architecture consists of three aspects of corporate organization: the assignment of decision rights within the company; methods of rewarding individuals; the structure of systems to evaluate the performance of both individuals and business units. These three components can be likened to a stool with three legs. If one of the legs is shorter, the stool is out of balance. These three elements must be in balance in the organization as well.

Research and teaching interests in the economics of organizations, corporate governance and compensation policy, corporate finance, franchising and banking. From 1989 to 1991, he was chairman of the Finance Department and research director at he University of Utah's Garn Institute of Finance. Professor Brickley was chairman of he Committee on MBA Programs from 1994-1997. Professor Smith has research interests in the fields of corporate financial policy, derivative securities and financial intermediation. He has published 14 books and over 80 articles in leading finance and economics journals. Students in the Executive Development Program have given him their Superior Teaching Award 16 times; students in the M.B.A. program have given him their Superior Teaching Award 10 times. In 1986, he was given the first Special Award for a Perfect Teaching Rating by the School; in 1983 he was chosen as a University Mentor in recognition of his scholarship and teaching. Research and teaching interests involve financial and managerial accounting. He and Professor Ross L. Watts received American Institute of Certified Public Accountants Awards in 1979 and 1980 for their joint papers. He received the American Accounting Association award for Seminal Contribution to Accounting Literature in 2004. He was the 1978 winner of the Competitive Manuscript Award, sponsored by the American Accounting Association, for his paper, "The Costs and Benefits of Cost Allocation." His research, which has come to be called "positive theories of accounting," seeks to understand the costs and benefits of various accounting procedures. He and Watts co-authored a book, Positive Accounting Theory, published by Prentice-Hall in 1986.

SKU	Nicht verfügbar
ISBN 13	9780071106337
ISBN 10	0071106332
Titel	Managerial Economics & Organizational Architecture
Autor	James Brickley
Buchzustand	Nicht verfügbar
Bindungsart	Paperback
Verlag	McGraw-Hill Education - Europe
Erscheinungsjahr	2006-05-16
Seitenanzahl	752
Hinweis auf dem Einband	Die Abbildung des Buches dient nur Illustrationszwecken, die tatsächliche Bindung, das Cover und die Auflage können sich davon unterscheiden.
Hinweis	Nicht verfügbar