The Theory of the Firm goes Global

What insights can be gained from bringing the theory of the firm to the global economy? I discuss several new features of the world economy that can be explained by incorporating the theory of the firm into the theory of international trade. Among the new features I discuss are the move to flatter corporate hierarchies and the decentralization of authority in firms, the 'war for talent', the rise of CEO pay in rich countries, organizational convergence across countries, and firm heterogeneity.

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Year of publication:	2012
Authors:	Marin, Dalia
Publisher:	München : Sonderforschungsbereich/Transregio 15 - Governance and the Efficiency of Economic Systems (GESY)
Subject:	Theorie der Unternehmung \| Globalisierung \| Internationale Wirtschaft \| Außenwirtschaftstheorie \| Organisatorischer Wandel \| Managervergütung \| Theorie

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Series:	SFB/TR 15 Discussion Paper ; 370
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Working Paper
Language:	English
Other identifiers:	10.5282/ubm/epub.13184 [DOI] 720709679 [GVK] hdl:10419/93936 [Handle] RePEc:trf:wpaper:370 [RePEc]
Source:	EconStor

Persistent link: https://www.econbiz.de/10010333913