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The Economic Nature of the Firm

Editor

Listed:
  • Kroszner,Randall S.
  • Putterman,Louis

Abstract

This book brings together classic writings on the economic nature and organization of firms, including works by Ronald Coase, Oliver Williamson, and Michael Jensen and William Meckling, as well as more recent contributions by Paul Milgrom, Bengt Holmstrom, John Roberts, Oliver Hart, Luigi Zingales, and others. Part I explores the general theme of the firm's nature and place in the market economy; Part II addresses the question of which transactions are integrated under a firm's roof and what limits the growth of firms; Part III examines employer-employee relations and the motivation of labor; and Part IV studies the firm's organization from the standpoint of financing and the relationship between owners and managers. The volume also includes a consolidated bibliography of sources cited by these authors and an introductory essay by the editors that surveys the new institutional economics of the firm and issues raised in the anthology.

Suggested Citation

  • Kroszner,Randall S. & Putterman,Louis (ed.), 2009. "The Economic Nature of the Firm," Cambridge Books, Cambridge University Press, number 9780521141772.
    • Handle: RePEc:cup:cbooks:9780521141772
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    Citations

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    Cited by:

    1. Michael Berlemann & Vera Jahn, 2016. "Regional Importance of Mittelstand Firms and Innovation Performance," Regional Studies, Taylor & Francis Journals, vol. 50(11), pages 1819-1833, November.
    2. Michael Berlemann & Vera Jahn, 2014. "Ist der deutsche Mittelstand tatsächlich ein Innovationsmotor?," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 67(17), pages 22-28, September.
    3. Falk Bräuning & Victoria Ivashina & Ali Ozdagli, 2022. "High-Yield Debt Covenants and Their Real Effects," Working Papers 22-5, Federal Reserve Bank of Boston.
    4. Vladislav Valentinov, 2022. "System or Process? A Meta-theoretical Reflection on the Nature of the Firm," Systemic Practice and Action Research, Springer, vol. 35(1), pages 1-14, February.
    5. Valentinov, Vladislav & Chia, Robert, 2022. "Stakeholder theory: A process‐ontological perspective," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 31(3), pages 762-776.
    6. Freshwater, David, 2012. "Complexity and Obsolete Data Concepts: Canadian Farm Policy, and the Changing Structure of Agriculture," Staff Papers 119473, University of Kentucky, Department of Agricultural Economics.
    7. Berlemann, Michael & Jahn, Vera, 2014. "Governance, Firm Size and Innovative Capacity: Regional Empirical Evidence for Germany," Working Paper 150/2014, Helmut Schmidt University, Hamburg.
    8. Shteryo Nozharov, 2018. "The Institutional Economics of Collective Waste Recovery Systems: an Empirical Investigation," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 5, pages 172-180.
    9. Hsu, Kuang-Chung & Wright, Michael & Zhu, Zhen, 2017. "What motivates merger and acquisition activities in the upstream oil & gas sectors in the U.S.?," Energy Economics, Elsevier, vol. 65(C), pages 240-250.
    10. Gagalyuk, T., 2018. "A resilience-based rationale for farm growth: the case of Ukrainian agroholdings," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277115, International Association of Agricultural Economists.
    11. Tarik AKIN & Abbas MIRAKHOR, 2016. "Efficiency with Rule-Compliance: A Contribution to the Theory of the Firm in Islamic Economics," Journal of Economics and Political Economy, KSP Journals, vol. 3(3), pages 560-574, September.
    12. Vítor Gaspar, 2010. "Financial Stability and Policy Cooperation," Working Papers o201001, Banco de Portugal, Economics and Research Department.
    13. Maria Alessandra Antonelli, 2014. "Organizational Governance: Managerial Discretion, Automatic Rules or Ethics?," Public Finance Research Papers 5, Istituto di Economia e Finanza, DSGE, Sapienza University of Rome.
    14. Roth, Steffen & Schwede, Peter & Valentinov, Vladislav & Pérez-Valls, Miguel & Kaivo-oja, Jari, 2020. "Harnessing big data for a multifunctional theory of the firm," European Management Journal, Elsevier, vol. 38(1), pages 54-61.

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