An asymmetrical choice approach is followed to analyse the link between corporate control, social choice and capital accummulation ; based on the explicit recognition of the existence of different classes in modern capitalist economies. It is argued that all existing attempts to explore the...

The paper suggests that the largely static, ahistorical existing literature on the theory of the firm is inadequate in its treatment of the control issue. It tends to classify firms as either owner or manager controlled using an ex post analysis of share distribution. In contrast, this paper...

The idea that different types of income - classes of income recipients will have different patterns of savings-consumption behaviour, has assumed a prominent position among economic theorists throughout the years. Recent theorising however, does not support this biew. This effectively raises the...

The Relationship between advertising and industry profitability is one of the best explored in the Industrial Organization literature. Yet, we are aware of no single study that attempted to test the potential existence of such a relationship at the macroeconomic level. Given the central...

We assess Stephen Hymer's contribution to the theory of the multinational enterprise and to international business (IB) scholarship. We focus on Hymer's evolving analytical framework, and assess it in terms of its internal consistency and in the light of the shifting global landscape and...