By Luca Lambertini
The separation among possession and keep an eye on has turn into universal perform over the past century, in such a lot medium and big corporations the world over. during the 20th century, the speculation of the company and the speculation of business association constructed parallel and complementary perspectives on managerial enterprises. This e-book bargains a finished exposition of this debate.
In its survey of strategic delegation in oligopoly video games, An monetary thought of Managerial organisations is in a position to supply a reinterpretation of various commonplace results in the sunshine of the truth that the keep an eye on of businesses is mostly now not within the hand of its owners. The theoretical types are supported by way of a wealth of real-world examples, in order to supply a learn of strategic delegation that's way more in-depth than has previously been present in the literature on business association. during this volume, analysis is prolonged in different instructions to hide functions in regards to the role of: managerial enterprises in combined marketplace; collusion and mergers; divisionalization and vertical family; technical development; product differentiation; overseas trade; environmental matters; and the intertemporal development of firms.
This booklet is of significant curiosity to people who research commercial economics, organizational reports and commercial studies.
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Additional resources for An Economic Theory of Managerial Firms: Strategic Delegation in Oligopoly (Routledge Studies in the Economics of Business and Industry)
An Economic Theory of Managerial Firms: Strategic Delegation in Oligopoly (Routledge Studies in the Economics of Business and Industry) by Luca Lambertini