The Origin of the Capitalist Firm
Zhang, Weiying
Produktnummer:
183fc9875d464a4273866fa835a553a88f
| Autor: | Zhang, Weiying |
|---|---|
| Themengebiete: | Capital-hiring-labor Capitalist Firm Entrepreneurship Principalship Wealth |
| Veröffentlichungsdatum: | 23.08.2017 |
| EAN: | 9789811002205 |
| Sprache: | Englisch |
| Seitenzahl: | 196 |
| Produktart: | Gebunden |
| Verlag: | Springer Singapore |
| Untertitel: | An Entrepreneurial/Contractual Theory of the Firm |
Produktinformationen "The Origin of the Capitalist Firm"
The book addresses the entrepreneurial origin of the capitalist firm and its asymmetric contractual relationships between capitalists, workers, managers and entrepreneurs, and explains the origin of the firm by focusing on entrepreneurship. A hidden action model shows how assigning residual claim to entrepreneurs can provide a better overall incentive; a hidden information model demonstrates that capitalists are given priority and have authority to select the management, because capital can signal entrepreneurial ability; and a general equilibrium entrepreneurial model shows that the equilibrium relationships between different members of the firm depend on the joint distribution of ability, wealth and risk attitudes in the population. Overall, the book reveals that the capitalist firm is more efficient, not only because it provides better incentives but also because it ensures that the most entrepreneurial people control the firm.
Sie möchten lieber vor Ort einkaufen?
Sie haben Fragen zu diesem oder anderen Produkten oder möchten einfach gerne analog im Laden stöbern? Wir sind gerne für Sie da und beraten Sie auch telefonisch.
Juristische Fachbuchhandlung
Georg Blendl
Parcellistraße 5 (Maxburg)
8033 München
Montag - Freitag: 8:15 -18 Uhr
Samstags geschlossen