The Firm the Market and the Law

The Firm  the Market  and the Law Author R. H. Coase
ISBN-10 9780226051208
Release 2012-06-15
Pages 226
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Few other economists have been read and cited as often as R.H. Coase has been, even though, as he admits, "most economists have a different way of looking at economic problems and do not share my conception of the nature of our subject." Coase's particular interest has been that part of economic theory that deals with firms, industries, and markets—what is known as price theory or microeconomics. He has always urged his fellow economists to examine the foundations on which their theory exists, and this volume collects some of his classic articles probing those very foundations. "The Nature of the Firm" (1937) introduced the then-revolutionary concept of transaction costs into economic theory. "The Problem of Social Cost" (1960) further developed this concept, emphasizing the effect of the law on the working of the economic system. The remaining papers and new introductory essay clarify and extend Coarse's arguments and address his critics. "These essays bear rereading. Coase's careful attention to actual institutions not only offers deep insight into economics but also provides the best argument for Coase's methodological position. The clarity of the exposition and the elegance of the style also make them a pleasure to read and a model worthy of emulation."—Lewis A. Kornhauser, Journal of Economic Literature Ronald H. Coase was awarded the Nobel Prize in Economic Science in 1991.



The Firm

The Firm Author John Grisham
ISBN-10 0307576140
Release 2010-03-16
Pages 560
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When Mitch McDeere signed on with Bendini, Lambert & Locke of Memphis, he thought that he and his beautiful wife, Abby, were on their way. The firm leased him a BMW, paid off his school loans, arranged a mortgage, and hired the McDeeres a decorator. Mitch should have remembered what his brother Ray–doing fifteen years in a Tennessee jail–already knew: You never get nothing for nothing. Now the FBI has the lowdown on Mitch’s firm and needs his help. Mitch is caught between a rock and a hard place, with no choice–if he wants to live.



The Theory of the Growth of the Firm

The Theory of the Growth of the Firm Author Edith Penrose
ISBN-10 9780191623424
Release 2009-09-24
Pages 304
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There are not many books that are genuine classics, and only a handful in business and management whose insights and ideas last for 50 years and more. This book is one of the very few 'must reads' for anybody seriously interested in the role of management within the firm. Originally published in 1959, The Theory of the Growth of the Firm has illuminated and inspired thinking in strategy, entrepreneurship, knowledge creation, and innovation. Edith Penrose's tightly-argued classic laid the foundations for the resource based view of the firm, now the dominant framework in business strategy. She analyses managerial activities and decisions, organizational routines, and also the factors that inevitably limit a firm's growth prospects. For this new anniversary edition, Christos Pitelis has written a new introduction which both tells the story of Penrose's extraordinary life, and provides a balanced assessment of her key ideas and their continuing relevance and freshness.



Redesigning the Firm

Redesigning the Firm Author Edward H. Bowman
ISBN-10 9780198024781
Release 1995-08-31
Pages 296
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The rapidly changing nature of the modern industrial world has helped spark a radical rethinking of the design of corporations, changes no less revolutionary than the wave of innovations associated with the names of Frederick Taylor and Henry Ford at the dawn of this century. In Redesigning the Firm, nineteen experts from one of the nation's premier business schools, the Wharton School at the University of Pennsylvania, take an informed look based on their own research at various aspects of this revolution, offering managers a host of insights and powerful tools for orchestrating change in their firm. Redesigning the Firm illuminates many of the challenges that confront the executive, approaching the issue from a wide variety of perspectives. The book considers, for instance, whether the firm's stockholders, directors, and managers should reevaluate how they distribute power and share information, and it explores why external board members often fail to exercise a strong voice in governance. It looks at the changing boundary of the firm, as partnerships and alliances have become more important, examining this new development in three types of market: emerging markets such as Eastern Europe, markets where economies of scale provide a critical advantage, and dynamic markets where speed is essential. It examines the use of suppliers in Japanese, American, and European firms, and finds the former to be more efficient. Some of the essays are quite eye-opening. For instance, one chapter demonstrates that firms can increase product variety at no extra cost, revealing how a study of the automotive industry shows that investing in training, in flexible manufacturing processes, and in better operations management will increase variety without compromising productivity or lowering quality. And one chapter sounds a strong note of dissent, contending that the design of organizations matters little to a global competitor--what matters is how managers think about the world, and how the operating procedures they use guide decision-making and behavior. In the final section, editors Bowman and Kogut reflect on two outstanding issues concerning the design of the firm: how much of what managers used to believe was critical to their success can they place outside their ownership boundaries; and how to deal with the complex challenges that modular design presents. The editors apply their conclusions to the Wharton School itself, making the book particularly valuable for anyone concerned with the quality and future of business education in America. Here then is the best thinking by leading experts in corporate design, who examine the best ways to generate speed, variety, and flexibility, to expand the firm over time and over national boundaries, and to prepare a corporation for the next century.



Neuroeconomics and the Firm

Neuroeconomics and the Firm Author Angela A. Stanton
ISBN-10 9781849805605
Release 2010-01-01
Pages 352
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Do people with high testosterone levels make decisions the same way as people with lower testosterone? Do men change their behavior when a pretty woman enters the office? Do women change their behavior when a handsome man enters the office? Do men and women affect each other within the firm to the detriment or the benefit of the firm? In some ways, the questions this edited volume addresses are questions that we are all familiar with and have asked for many years. It suggests looking for answers in places that that we have never thought of before. Some of the chapters will surprise you with their ingenious, simple answers and propositions; some will perhaps make you feel awkward with their straight-forward way of presenting what we all suspected but felt uncomfortable to talk about. From the foreword by David B. Audretsch This volume brings together leading researchers from a variety of fields to investigate the concept of the firm from new perspectives arising from neuroeconomics. The traditional theory of the firm has focused on the strategic, operational and resource management objectives of the firm as an organization. This timely and informative book explores new horizons in the biology of human decision-making and behavior, including uncertainty, entrepreneurship and ethics as it affects the functioning of the organization. The fascinating chapters cover a wide range of research fields, drawing on both the conscious and the unconscious mind, and how common hormonal cycles in the female and testosterone variations in the male affect each other in the workplace and its affect on the firm as an organization. The topics of entrepreneurship and the recent global financial crisis are discussed from the perspective of hormonal forces and the implications of those forces in the future. It is an enlightening selection of articles that scholars, students, business leaders, and managers will find a valuable read. Vernon L. Smith, 2002 Nobel Laureate in Economics The ideal firm has been studied over several centuries, yet little is known about what makes one successful and another fail. This pioneering book brings together leading researchers investigating the concept of the firm from a neuroscientific perspective. From the viewpoint of economics, the firm's purpose is to maximize shareholders' wealth; resources are commodities, each with its particular supply and demand curve that can be manipulated by the firm to its own benefit. Traditionally, the firm is focused on the strategic, operational and resource management objectives. The editors instead suggest that the objective of the firm is equal to the objectives of its workers. The definition and function of risk in decision-making, ethics, trust and the global financial crisis are all discussed. They are analyzed from the perspective of human bio-physiology, using scanning and hormonal analysis tools, with a focus on the implications for the bottom line of the firm. With experimental as well as theoretical and applied contributions, this book will benefit scholars and students of economics, business management, finance, organizational behavior, entrepreneurship, psychology, neuroscience and law. Practitioners of management, entrepreneurship and law firms will also find this book to be a captivating read.



Governing the Firm

Governing the Firm Author Gregory K. Dow
ISBN-10 0521522218
Release 2003-02-17
Pages 323
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This book provides case studies of worker-controlled firms and surveys available evidence on their behavior.



The Firm

The Firm Author Duff McDonald
ISBN-10 9781780743936
Release 2014-06-02
Pages 400
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They helped invent the bar code. They revolutionized business schools and created the corporate practices that now rule our world. They reinvented the idea of American capitalism and aggressively exported it across the globe. McKinsey employees are trusted and distrusted, loved and despised. They are doing behind-the-scenes work for the most powerful people in the world, and their ranks of alumni include the chairman of HSBC and William Hague. Renowned financial journalist Duff McDonald uncovers how these high-priced business savants have ushered in waves of structural, financial, and technological shifts but also become mired in controversy across the years. Discover how the firm both endorsed and celebrated Enron’s disastrous corporate structure and how they’ve been instrumental in the Coalition’s controversial NHS reforms. Are they worth their astronomical fees? And what do firms and governments actually get for their money? Based on exclusive interviews with key McKinsey players and written in gripping prose, this is a revealing window onto one of the most secretive and powerful companies in the world.



The Firm and the Formless

The Firm and the Formless Author Hans Mol
ISBN-10 9780889201170
Release 1982-12
Pages 103
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Comprehensive survey based on secondary sources; Discusses relationship to land; theories of totemism; taboo; asceticism; ritual; rites of passage; myth; missionary influence; pentecostalism; neo-traditionalism; conditions for cultural revitalisation.



Handbook on the Economics and Theory of the Firm

Handbook on the Economics and Theory of the Firm Author Michael Dietrich
ISBN-10 9781781002407
Release 2012-01-01
Pages 500
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This unique Handbook explores both the economics of the firm and the theory of the firm, two areas which are traditionally treated separately in the literature. On the one hand, the former refers to the structure, organization and boundaries of the firm, while the latter is devoted to the analysis of behaviours and strategies in particular market contexts. the novel concept underpinning this authoritative volume is that these two areas closely interact, and that a framework must be articulated in order to illustrate how linkages can be created. This interpretative framework is comprehensively developed in the editors' introduction, and the expert contributors – more than fifty academics of renowned authority – further elaborate on the linkages in the seven comprehensive sections that follow, encompassing: background; equilibrium and new institutional theories; the multinational firm; dynamic approaches to the firm; modern issues; firms' strategies; and economic policy and the firm. Bridging economics and theory of the firm, and providing both technical and institutional perspectives on real corporations, this path-breaking Handbook will prove an invaluable resource for academics, researchers and students in the fields of economics, heterodox economics, business and management, and industrial organization.



Sirket

Sirket Author John Grisham
ISBN-10 975141329X
Release 2009-02-01
Pages 472
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Sirket has been writing in one form or another for most of life. You can find so many inspiration from Sirket also informative, and entertaining. Click DOWNLOAD or Read Online button to get full Sirket book for free.



Managerial Economics Markets and the Firm

Managerial Economics  Markets and the Firm Author William Boyes
ISBN-10 9780618988624
Release 2011-01-01
Pages 432
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Boyes introduces non-majors to the power of economics in business decision making. The text’s intuitive approach clearly highlights how economics influences marketing, management, and other business-related decisions. In addition to traditional principles of price theory MANAGERIAL ECONOMICS examines organizational behavior, strategic management, human resource management, and emerging issues such as game theory, TQM, and information economics. MANAGERIAL ECONOMICS departs from convention to illustrate the role of economic intuition in making sound business decisions. While other texts focus on quantitative analysis, this book enphasizes logic and conceptual modeling -- reinforced by real-life examples -- to highlight the pivotal link between economics and key business concerns such as costs, prices, markets, and personnel. Students learn to weigh the strategic costs and benefits of each business choice, instead of relying on popular quick-fix solutions. Ideal for students in MBA programs and less quantitative courses, MANAGERIAL ECONOMICS demonstrates the power of economic insight on business decision making. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.



The Growth of the Firm

The Growth of the Firm Author Edith Tilton Penrose
ISBN-10 0199248524
Release 2002
Pages 330
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Edith Penrose has been one of the most significant economists of the second part of the twentieth century. Her contribution to the theory of the firm has reinvented and productively developed the classical tradition in economics. It has informed the currently dominant resource/knowledge-based theory of the firm. Penrose's contribution, however, extends to a great variety of areas, to include industry organization, strategic management, international business, human resource management, economics of innovation and technological change, history, methodology, macroeconomics, and much more. This volume builds on a special issue of Contributions to Political Economy, that celebrated forty years since Penrose's classic The Theory of the Growth of the Firm. It includes fourteen chapters by leading contributors on the aforementioned aspects of Penrose's work. This book celebrates Penrose's contribution to economics and management. Leading scholars (including such 'classic' names asRobin Marris and George Richardson), assess Penrose's contribution to economics, strategic management, industry organization, and more. Using a Penrosean lens, these authors address the most important issues such as resource allocation and resource creation, co-ordination, innovation and growth. They cover topics ranging from the nature of the firm, firm growth, and strategy, to multinational firms, industry organization, innovation, and economic development. In so doing, they make contributions to scholarship of the highest quality, with significant implications for business and government policy on competition, industry, and development.



The Nature of the Firm

The Nature of the Firm Author Oliver E. Williamson
ISBN-10 0195083563
Release 1993
Pages 244
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In 1937, Ronald H. Coase published "The Nature of the Firm," a classic paper that raised fundamental questions about the concept of the firm in economic theory. Coase proposed that the comparative costs of organizing transactions through markets rather than within firms are the primary determinants of the size and scope of firms. Coase won the 1991 Nobel Prize in Economics for this work. This volume derives from a conference held in 1987 to commemorate the fiftieth anniversary of the publication of Coase's classic article. The first chapter affords an overview of the volume. It is followed by a republication of the 1937 article, and by the three lectures Coase presented at the conference. These lectures provide a lively and informative history of the origins and development of his thought. Subsequent chapters explore a wide-range of theoretical and empirical issues that have arisen in the transaction cost economic tradition. They illustrate the power of the transaction cost approach to enhance understanding not only of business firms, but of problems of economic organization generally. In addition to Coase's work, contributors include Sherwin Rosen, Paul Joskow, Oliver Hart, Harold Demsetz, Scott Masten, Benjamin Klein, as well as the volume's editors, Oliver E. Williamson, and Sidney G. Winter. The Nature of the Firm includes Coase's acceptance speech for his Nobel Prize in Economics.



The Firm of Girdlestone

The Firm of Girdlestone Author Arthur Conan Doyle, Sir
ISBN-10 9781427054807
Release 2008-06-04
Pages 348
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In Doyles The Firm of Girdlestone (1890) is a romance, John Girdlestone and his son Ezra are the owners of a successful firm that is going bankrupt. To avoid bankruptcy, Girdlestone stoops to lying, cheating, and even to commit murder.



Behavioral Theory of the Firm

Behavioral Theory of the Firm Author Richard M. Cyert
ISBN-10 0631174516
Release 1992-07-27
Pages 268
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Behavioural Theory of the Firm has become a classic work in organizational theory, and is one of the most significant contributions to improving the theory of the firm. This second edition includes new material which puts the original text in a contemporary context.



An Entrepreneurial Theory of the Firm

An Entrepreneurial Theory of the Firm Author Frédéric Sautet
ISBN-10 9781134582938
Release 2002-09-26
Pages 208
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This original, provocative work makes a thorough and comprehensive enquiry into the relationship that exists between firms and markets, with separate, in-depth examinations of both the existence and inner organisation of the firm. Sautet develops an accomplished and convincing theory that encompasses a wealth of existing literature and leads it in an entirely new direction.



Holy the Firm

Holy the Firm Author Annie Dillard
ISBN-10 9781782117742
Release 2016-04-07
Pages 80
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In 1975 Annie Dillard took up residence on an island in Puget Sound in a wooden room - one enormous window, one cat, one spider and one person. For the next two years she asked herself questions about time, reality, sacrifice and death. In Holy the Firm she writes about a moth consumed in a candle flame, about a seven-year-old girl burned in an aeroplane accident, about a baptism on a cold beach. But behind the moving curtain of what she calls 'the hard things - rock mountain and salt sea', she sees, sometimes far off and sometimes as close by as a veil or air, the power play of holy fire. Holy the Firm is a profound and breath-taking book about the natural world by a Pulitzer Prize winner and one of the most influential figures in contemporary non-fiction.