The Form Of The Firm
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The Form Of The Firm
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Author : Abraham A. Singer
language : en
Publisher: Oxford University Press
Release Date : 2018-10-25
The Form Of The Firm written by Abraham A. Singer and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-10-25 with Political Science categories.
What are we to make of the power that corporations wield over people in modern society? Is such power legitimate? Many think so. To many businessmen and economists, as well as the general public, firms are purely private and economic entities, justified in using all legal means to maximize profit. In The Form of the Firm, Abraham Singer contends that such a view rests on a theoretical foundation that, while quite subtle, is deeply flawed. Contrary to the conventional wisdom, corporations are not natural outgrowths of the free market. Instead, Singer invites us to see corporations as political institutions that correct market inefficiencies through mechanisms normally associated with government -hierarchy, power, and state-sanctioned authority. Corporations exist primarily to increase economic efficiency, but they do this in ways that distinguish them from the markets in which they operate. Corporations serve economic ends, but through political means. Because of this, Singer argues that they also must be structured and obliged to uphold the social and political values that enable their existence and smooth-running in the first place: individual autonomy, moral and social equality, and democratic norms and institutions. A profound and timely rethinking of what a corporation actually is and how power within it ought to be structured and exercised, The Form of the Firm will reshape our understanding of political theory, corporate governance, corporate law, and business ethics.
The Form Of The Firm
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Author : Abraham A. Singer
language : en
Publisher:
Release Date : 2019
The Form Of The Firm written by Abraham A. Singer and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019 with Business & Economics categories.
The Form of the Firm attempts to unveil the nature of the corporation as it exists in modern liberal societies. The author contends that economic theories understate the importance and danger of corporate power, and should be supplemented with a political analysis that foregrounds the sorts of political and moral values at stake in corporate activity.
The Form Of The Firm
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Author : Abraham A. Singer
language : en
Publisher: Oxford University Press
Release Date : 2018-10-25
The Form Of The Firm written by Abraham A. Singer and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-10-25 with Political Science categories.
What are we to make of the power that corporations wield over people in modern society? Is such power legitimate? Many think so. To many businessmen and economists, as well as the general public, firms are purely private and economic entities, justified in using all legal means to maximize profit. In The Form of the Firm, Abraham Singer contends that such a view rests on a theoretical foundation that, while quite subtle, is deeply flawed. Contrary to the conventional wisdom, corporations are not natural outgrowths of the free market. Instead, Singer invites us to see corporations as political institutions that correct market inefficiencies through mechanisms normally associated with government -hierarchy, power, and state-sanctioned authority. Corporations exist primarily to increase economic efficiency, but they do this in ways that distinguish them from the markets in which they operate. Corporations serve economic ends, but through political means. Because of this, Singer argues that they also must be structured and obliged to uphold the social and political values that enable their existence and smooth-running in the first place: individual autonomy, moral and social equality, and democratic norms and institutions. A profound and timely rethinking of what a corporation actually is and how power within it ought to be structured and exercised, The Form of the Firm will reshape our understanding of political theory, corporate governance, corporate law, and business ethics.
A Theory Of The Firm
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Author : Michael C. Jensen
language : en
Publisher: Harvard University Press
Release Date : 2003-09-30
A Theory Of The Firm written by Michael C. Jensen and has been published by Harvard University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-09-30 with Business & Economics categories.
This collection examines the forces, both external and internal, that lead corporations to behave efficiently and to create wealth. Corporations vest control rights in shareholders, the author argues, because they are the constituency that bear business risk and therefore have the appropriate incentives to maximize corporate value. Assigning control to any other group would be tantamount to allowing that group to play poker with someone else's money, and would create inefficiencies. The implicit denial of this proposition is the fallacy of the so-called stakeholder theory of the corporation, which argues that corporations should be run in the interests of all stakeholders. This theory offers no account of how conflicts between different stakeholders are to be resolved, and gives managers no principle on which to base decisions, except to follow their own preferences. In practice, shareholders delegate their control rights to a board of directors, who hire, fire, and set the compensation of the chief officers of the firm. However, because agents have different incentives than the principals they represent, they can destroy corporate value unless closely monitored. This happened in the 1960s and led to hostile takeovers in the market for corporate control in the 1970s and 1980s. The author argues that the takeover movement generated increases in corporate efficiency that exceeded $1.5 trillion and helped to lay the foundation for the great economic boom of the 1990s.
Strategic Management Color
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Author :
language : en
Publisher:
Release Date : 2020-08-18
Strategic Management Color written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-08-18 with categories.
Strategic Management (2020) is a 325-page open educational resource designed as an introduction to the key topics and themes of strategic management. The open textbook is intended for a senior capstone course in an undergraduate business program and suitable for a wide range of undergraduate business students including those majoring in marketing, management, business administration, accounting, finance, real estate, business information technology, and hospitality and tourism. The text presents examples of familiar companies and personalities to illustrate the different strategies used by today's firms and how they go about implementing those strategies. It includes case studies, end of section key takeaways, exercises, and links to external videos, and an end-of-book glossary. The text is ideal for courses which focus on how organizations operate at the strategic level to be successful. Students will learn how to conduct case analyses, measure organizational performance, and conduct external and internal analyses.
The Nature Of The Firm
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Author : Oliver E. Williamson
language : en
Publisher:
Release Date : 1993
The Nature Of The Firm written by Oliver E. Williamson and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1993 with Business & Economics categories.
This volume features a series of essays which arose from a conference on economics, addressing the question: what is the nature of the firm in economic analysis? This paperback edition includes the Nobel Lecture of R.N. Case.
Historical Working Papers On The Economic Stabilization Program August 15 1971 To April 30 1974
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Author : United States. Department of the Treasury. Office of Economic Stabilization
language : en
Publisher:
Release Date : 1974
Historical Working Papers On The Economic Stabilization Program August 15 1971 To April 30 1974 written by United States. Department of the Treasury. Office of Economic Stabilization and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1974 with Economic stabilization categories.
Sec Docket
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Author : United States. Securities and Exchange Commission
language : en
Publisher:
Release Date : 2002
Sec Docket written by United States. Securities and Exchange Commission and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Securities categories.
Business Studies Class 11 Chhattisgarh Mp Board
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Author : Dr. S. K. Singh,
language : en
Publisher: SBPD Publications
Release Date : 2022-10-11
Business Studies Class 11 Chhattisgarh Mp Board written by Dr. S. K. Singh, and has been published by SBPD Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-10-11 with Travel categories.
Part 'A' : Foundations of Business 1.Nature and Purpose of Business, 2. Classification of Business Activities, 3. Forms of Business Organisations—Sole Proprietorship or Sole Trade, 4. Joint Hindu Family Business, 5. Partnership, 6. Co-operative Societies, 7. Company/Joint Stock Company, 8. Choice of Form of Business Organisations and Starting a Business, 9. Private and Public Sector/Enterprises, 10. Forms of Organising Public Sector Enterprises and Changing Role of Public Sector, 11. Global Enterprises (Multinational Companies) Joint Venture and Public Private Partnership,12. Business Services – I Banking, 13. Business Services – II Insurance, 14. Business Services – III Communication : Postal and Telecom, 15. Business Services – IV Warehousing, 16. Transportation, 17. E-Business and Outsourcing Services, 18. Social Responsibility of Business and Business Ethics, Part - B Corporate Organisation, Finance and Trade 19. Foramation of a Compay, 20.Sources of Business Finance, 21. Small Business, 22. Internal Trade, 23. External Trade or International Business, 24. Project Report, Value Based Question (VBQ) with Answers.
Phase Iv Oil Regulations And Petroleum Marketing Problems
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Author : United States. Congress. House. Permanent Select Committee on Small Business. Subcommittee on Activities of Regulatory Agencies
language : en
Publisher:
Release Date : 1974
Phase Iv Oil Regulations And Petroleum Marketing Problems written by United States. Congress. House. Permanent Select Committee on Small Business. Subcommittee on Activities of Regulatory Agencies and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1974 with Petroleum industry and trade categories.