By Luca Lambertini
The separation among possession and keep an eye on has turn into universal perform during the last century, in so much medium and big corporations the world over. during the 20th century, the speculation of the company and the speculation of commercial association constructed parallel and complementary perspectives on managerial enterprises. This booklet deals a accomplished exposition of this debate.
In its survey of strategic delegation in oligopoly video games, An fiscal idea of Managerial enterprises is capable of supply a reinterpretation of a number average results in the sunshine of the truth that the keep an eye on of agencies is usually now not within the hand of its owners. The theoretical types are supported by means 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 numerous instructions to hide purposes in regards to the role of: managerial businesses in combined marketplace; collusion and mergers; divisionalization and vertical relatives; technical development; product differentiation; overseas trade; environmental matters; and the intertemporal progress of firms.
This ebook is of significant curiosity to people who examine business economics, organizational reviews and commercial 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