By Luca Lambertini
The separation among possession and keep watch over has develop into universal perform over the past century, in such a lot medium and big organizations internationally. during the 20th century, the idea of the enterprise and the speculation of commercial association constructed parallel and complementary perspectives on managerial corporations. This e-book deals a complete exposition of this debate.
In its survey of strategic delegation in oligopoly video games, An monetary conception of Managerial companies is in a position to supply a reinterpretation of a variety of normal results in the sunshine of the truth that the regulate of organisations is mostly no longer 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 research of strategic delegation that's way more in-depth than has previously been present in the literature on commercial association. during this volume, analysis is prolonged in numerous instructions to hide functions about the role of: managerial enterprises in combined industry; collusion and mergers; divisionalization and vertical family; technical development; product differentiation; foreign trade; environmental concerns; and the intertemporal development of firms.
This booklet is of serious curiosity to those that research commercial economics, organizational experiences and business studies.
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Extra 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