Managerial Theories of the Firm

Managerial Finance - Tập 4 Số 1 - Trang 10-25 - 1978
ChristopherPass, BryanLowes

Tóm tắt

The continuing growth in the size and importance of very large joint‐stock companies in the modern economy has prompted a search for new theories of the firm which are more relevant in explaining the behaviour of giant enterprises. For whilst the traditional profit‐maximising theory of the firm derived from neo‐classical economics may be an appropriate generalised approximation of the behaviour of firms operating in competitive markets, the need for broader theories to explain the behaviour of large manager‐controlled, oligopolistic companies has been recognised.

Từ khóa


Tài liệu tham khảo

Papandreau A. S., 1952, A Survey of Contemporary Economics, 2

Simon H. A., 1959, No. 67

Cyert R. M., 1963, A Behavioural Theory of the Firm

10.2307/1884512

Alchian A. A., 1965, Journal of Industrial Economics, 40

Baumol W. J., 1967, Harcourt

Williamson O. E., 1967, The Economics of Discretionary Behaviour: Managerial Objectives in a Theory of the Firm

10.1007/978-1-349-81732-0

Baumol, op. cit., p.40.

Heidensohn K., 1974, Allan

10.1007/978-1-349-01110-0

Baumol, op. cit., p.97.

Marris, op. cit., p.2.

Penrose E., 1959, The Theory of the Growth of the Firm

Marris, op. cit., p.186.

Thông tin
Thông tin xuất bản

Managerial Finance

Tập 4 Số 1

10-25

Thông tin tác giả