By Luca Lambertini
The separation among possession and keep an eye on has develop into universal perform over the past century, in so much medium and massive agencies the world over. in the course of the 20th century, the speculation of the company and the speculation of commercial association built parallel and complementary perspectives on managerial agencies. This booklet deals a finished exposition of this debate.
In its survey of strategic delegation in oligopoly video games, An fiscal conception of Managerial organisations is capable of supply a reinterpretation of various typical results in the sunshine of the truth that the keep an eye on of enterprises is usually now not within the hand of its owners. The theoretical types are supported via 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 numerous instructions to hide functions about the role of: managerial companies in combined industry; collusion and mergers; divisionalization and vertical kin; technical growth; product differentiation; overseas trade; environmental matters; and the intertemporal progress of firms.
This booklet is of serious curiosity to people who research business economics, organizational reviews and business 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