Год выпуска: 0 Автор: Robin Lapthorn Marris, Robin Lapthorn Economic Theory of Managerial Capitalism Marris Издательство: Страниц: 0 ISBN: 0312215789
Описание
This is an updated and edited version of Robin Marris' classic The Economic Theory of Managerial Capitalism (1964). This was widely recognized as pathbreaking as it was the first attempt by a professional economist to make a formal theory of the behavior and growth of a large-scale "managerial" corporation based on a realistic assessment of the sociological and institutional environment. The model determined the long run growth rates of individual firms on the basis of the financial and market environment on the one hand, and the needs, interest and aspirations of both managers and shareholders on the other. Managers in particular were shown to trade desire for growth against fear of takeover. These then novel important features of modern capitalism--mergers, takeovers and executive bonuses and the relationship between the growth of firms and the growth of the economy--have become increasingly topical. The new book contains the original introduction along with reworked and...