Showing 1 - 10 of 189
The paper suggests one of the possible approaches to formulation of structure and content of corporate strategic management theory. The paper formulates requirements to the theory of enterprise, essential for using the theory as a basis of strategic management theory structure, including...
Persistent link: https://www.econbiz.de/10009493277
This paper proposes an empirical method to estimate the model of sustainable profit and corporate social responsibility originated by Sudtasan and Suriya (2013). It suggests analysts to use data from official financial statements of companies which may be reported to the Stock Exchange in a...
Persistent link: https://www.econbiz.de/10011113180
specific approach for the implementation of these relatively new concepts (e.g. sustainable development, pollution, ecological … thing which should be mentioned is that with the increasing energy demand, pollution levels will increase too. But we must … not forget that the worldâ€(tm)s population is growing rapidly and the level of pollution per capita increased we might …
Persistent link: https://www.econbiz.de/10010607192
Increased transportation demand creates new problems specialists, putting them in a position to find practical solutions to match. Analysis of the current structure of Romanian road transport process involves an analytical approach that exceed the basis of their decisions only experience and...
Persistent link: https://www.econbiz.de/10008756286
Looking through contributions about microeconomic theory, from classics to modern theory, it is possible to identify various attitudes on the role that firms play in the market. To simplify the existing multiplicity of opinion, two distinct positions can be recognized: 1) the first one considers...
Persistent link: https://www.econbiz.de/10005837341
The neoclassical theory of the firm deals with the pattern of perfect competition, within which the perfect information available to economic agents provides instant allocation of production factors and access to economic goods. The Austrian School (C. Menger, L. von Mises, Hayek, etc.)...
Persistent link: https://www.econbiz.de/10010685453
The genuine problem of governance is one that pays equal attention to both incentive and knowledge issues in private and public contexts. This work brings together Austrian, Public Choice and theory of the firm insights to address such problem. By taking into account incentives and knowledge, it...
Persistent link: https://www.econbiz.de/10011111830
We reconsider the property rights approach to the theory of the firm based on incomplete contracts. We explore the implications of different degrees of relationship-specificity when there are two parties, A and B, who can make investments in physical capital (instead of human capital). If...
Persistent link: https://www.econbiz.de/10011112525
The emergence of transaction cost economics (TCE) in the early 1970s with Oliver Williamson’s successful reconciliation of the so called neoclassical approach with Herbert Simon’s organizational theory can be considered an important part of the first cognitive turn in economics. The...
Persistent link: https://www.econbiz.de/10008559303
This is an earlier draft for the introduction to the book "The theory of the growth of the firm" published by Oxford Press, 4th edition, 2009.
Persistent link: https://www.econbiz.de/10008568363