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Business Ownership and Organisation

In: An Economist’s Guide to Economic History

Author

Listed:
  • Michael Aldous

    (Queen’s University Belfast)

Abstract

Understanding the relationship between the way business is owned and organised is crucial due to its effect on the performance of firms and economies. Optimising the form of ownership and organisation can increase the scale and scope of operations, while improving productivity, efficiency and the capacity for innovation. This chapter discusses the importance of the corporation, or the joint-stock company, in historical perspective.

Suggested Citation

  • Michael Aldous, 2018. "Business Ownership and Organisation," Palgrave Studies in Economic History, in: Matthias Blum & Christopher L. Colvin (ed.), An Economist’s Guide to Economic History, chapter 20, pages 167-174, Palgrave Macmillan.
    • Handle: RePEc:pal:palscp:978-3-319-96568-0_20
    DOI: 10.1007/978-3-319-96568-0_20
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    More about this item

    JEL classification:

    • D82 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Asymmetric and Private Information; Mechanism Design
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • L24 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Contracting Out; Joint Ventures
    • N50 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - General, International, or Comparative
    • N70 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services - - - General, International, or Comparative
    • N80 - Economic History - - Micro-Business History - - - General, International, or Comparative

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