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Recent Developments in the Theory of the Firm

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  • Jeff Borland
  • Gerald Garvey

Abstract

This article reviews recent literature on the theory of the firm. The issues addressed include the role and determinants of the size of firms, the financial structure and organisation of labour in firms, and the policy implications of this research.

Suggested Citation

  • Jeff Borland & Gerald Garvey, 1994. "Recent Developments in the Theory of the Firm," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 27(1), pages 60-82, January.
    • Handle: RePEc:bla:ausecr:v:27:y:1994:i:1:p:60-82
    DOI: 10.1111/j.1467-8462.1994.tb00825.x
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    References listed on IDEAS

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    1. repec:cep:stitep:/1990/217 is not listed on IDEAS
    2. Piore, M.J., 1989. "Corporate Reform In American Manufacturing And The Challenge To Economic Theory," Working papers 533, Massachusetts Institute of Technology (MIT), Department of Economics.
    3. Oliver Hart & John Moore, 1990. "A Theory of Corporate Financial Structure Based on the Seniority of Claims," STICERD - Theoretical Economics Paper Series 217, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.
    Full references (including those not matched with items on IDEAS)

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