By Luca Lambertini
The separation among possession and keep watch over has turn into universal perform during the last century, in such a lot medium and massive organizations internationally. through the 20th century, the idea of the company and the idea of business association constructed parallel and complementary perspectives on managerial companies. This ebook bargains a complete exposition of this debate.
In its survey of strategic delegation in oligopoly video games, An fiscal conception of Managerial corporations is capable of supply a reinterpretation of a number general results in the sunshine of the truth that the keep watch over of corporations is usually now not within the hand of its owners. The theoretical versions are supported by means of a wealth of real-world examples, in order to supply a examine of strategic delegation that's way more in-depth than has previously been present in the literature on business association. during this volume, analysis is prolonged in different instructions to hide functions in regards to the role of: managerial companies in combined marketplace; collusion and mergers; divisionalization and vertical family; technical growth; product differentiation; overseas trade; environmental concerns; and the intertemporal progress of firms.
This publication is of significant curiosity to people who examine commercial economics, organizational reports and business studies.
Read or Download An Economic Theory of Managerial Firms: Strategic Delegation in Oligopoly (Routledge Studies in the Economics of Business and Industry) PDF
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