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Equilibrium Growth of the Hierarchical Firm: Shareholder-Employee Cooperative Game Approach

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  • Aoki, Masahiko

Abstract

This volume collects 22 articles by Masahiko Aoki, selected from writings published over the course of his 45-year academic career. These fascinating essays cover a range of issues, including mechanism design, comparative governance, corporate governance, institutions and institutional change, but are tied together by a focus on East Asia and a comparative institutional framework.
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Suggested Citation

  • Aoki, Masahiko, 1982. "Equilibrium Growth of the Hierarchical Firm: Shareholder-Employee Cooperative Game Approach," American Economic Review, American Economic Association, vol. 72(5), pages 1097-1110, December.
  • Handle: RePEc:aea:aecrev:v:72:y:1982:i:5:p:1097-1110
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    Cited by:

    1. Gary Gorton & Frank Schmid, 2000. "Class Struggle Inside the Firm: A Study of German Codetermination," NBER Working Papers 7945, National Bureau of Economic Research, Inc.
    2. Jyh‐Bang Jou & Tan (Charlene) Lee, 2021. "Uncertainty, hiring and firing costs, and the determinants of profit‐sharing rules," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 42(1), pages 185-197, January.
    3. Sridhar Balasubramanian & Pradeep Bhardwaj, 2004. "When Not All Conflict Is Bad: Manufacturing-Marketing Conflict and Strategic Incentive Design," Management Science, INFORMS, vol. 50(4), pages 489-502, April.
    4. Rayenda Khresna Brahmana & Hui San Loh & Maria Kontesa, 2020. "Market Competition, Managerial Incentives and Agency Cost," Global Business Review, International Management Institute, vol. 21(4), pages 937-955, August.
    5. Kamijo, Yoshio & Tomaru, Yoshihiro, 2014. "The endogenous objective function of a partially privatized firm: A Nash bargaining approach," Economic Modelling, Elsevier, vol. 39(C), pages 101-109.
    6. Dieter Bös, 2000. "Privatization under Asymmetric Information," CESifo Working Paper Series 244, CESifo.

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