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A Contractual Perspective of the Firm with an Application to the Maritime Industry

In: The Modern Firm, Corporate Governance and Investment


  • Per-Olof Bjuggren
  • Johanna Palmberg


This book explores the revolutionary development of the theory of the firm over the past 35 years. Despite rapid progress in the field, new developments in the microeconomic and industrial organization literature have been relatively scant. This book attempts to redress the balance by providing a comprehensive overview of the theory of the firm before moving on to examine firms and the organization of their economic activities. The contributors also investigate the impact of ownership structure and board composition on firm performance and study how the institutional framework of an economy affects investment decisions.

Suggested Citation

  • Per-Olof Bjuggren & Johanna Palmberg, 2009. "A Contractual Perspective of the Firm with an Application to the Maritime Industry," Chapters,in: The Modern Firm, Corporate Governance and Investment, chapter 4 Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:13362_4

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    References listed on IDEAS

    1. Mattoo, Aaditya & Rathindran, Randeep, 2006. "Measuring Services Trade Liberalization and Its Impact on Economic Growth: An Illustration," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 21, pages 64-98.
    2. Hertel, Thomas, 1997. "Global Trade Analysis: Modeling and applications," GTAP Books, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, number 7685.
    3. John Gilbert & Robert Scollay & Bijit Bora, 2011. "Assessing Regional Trading Arrangements in the Asia-Pacific," Working Papers 2001-20, Utah State University, Department of Economics.
    4. Bin Sheng, 2007. "Political Economy of the Asia-Pacific Free Trade Area: A Dilemma for China," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 15(5), pages 38-49.
    5. Kox, Henk L.M. & Lejour, Arjan, 2006. "Dynamic effects of European services liberalisation: more to be gained," MPRA Paper 3751, University Library of Munich, Germany.
    6. Elroy Dimson & Paul Marsh & Mike Staunton, 2003. "Global Evidence On The Equity Risk Premium," Journal of Applied Corporate Finance, Morgan Stanley, vol. 15(4), pages 27-38.
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    Cited by:

    1. Bjuggren, Per-Olof & Sund, Lars-Göran, 2011. "A Contractual Perspective on Succession in Family Firms," Ratio Working Papers 181, The Ratio Institute.


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