The Mechanisms of Governance

Gebonden Engels 1996 9780195078244
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Samenvatting

Oliver Williamson has helped to create a new perspective that economists use to understand the ways that organizations function. Traditionally, economists have viewed firms as "black boxes" that maximize some economic function (like profit). Williamson shows that decision makers in firms respond to economic factors - what he calls "transaction costs" - within the firm that affect both the structure of the individual firm and the structure of the industry within which the organization operates.

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ISBN13:9780195078244
Taal:Engels
Bindwijze:Gebonden
Aantal pagina's:448
Uitgever:OUP USA

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          The Mechanisms of Governance