Societies achieve their purposes through organizations. But organizations may develop into instrumental entities bereft of ethical debate. Roberts (Account. Org. Soc. 16(4) (1991) 355) claims that their hierarchical accountability systems powerfully reinforce instrumentality and individualize...

A basic message of the transaction cost approach (TCA) is that the firm is not a market. In this spirit the coalitional, holistic and social nature of the firm and the importance of recognizing certain behavioural assumptions are discussed and illustrated empirically in the first part of the...