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Nilsson, Andreas - 2017

This paper develops a simple framework for understanding the emergence of new organizational forms, such as socially responsible firms and social entrepreneurs, that embody the private sector's efforts to resolve problems that typically have been within the purview of government and traditional...

Persistent link: https://www.econbiz.de/10012455177

Tax Law Changes, Income Shifting and Measured Wage Inequality : Evidence from India

Sivadasan, Jagadeesh - 2006

We use a large dataset covering all registered plants in the manufacturing sector in India over the period 1986 to 1995 to examine the effects of a 1992 income tax law change that eliminated the double taxation of wages paid to partners in partnership firms. This tax law change provides a unique...

Persistent link: https://www.econbiz.de/10012466428

Why are Worker Cooperatives So Rare?

Kremer, Michael - 1997

This paper argues that worker cooperatives are prone to redistribution among members, and that this redistribution distorts incentives. I assume that employment contracts are incomplete. In the model cooperative members pay in a capital contribution to purchase equipment. They then receive...

Persistent link: https://www.econbiz.de/10012472696

In Search of New Foundations

Zingales, Luigi - 2000

In this paper I argue that corporate finance theory, empirical research, practical applications, and policy … recommendations are deeply rooted in an underlying theory of the firm. I also argue that while the existing theories have delivered … are emerging. I outline the characteristics that a new theory of the firm should satisfy and how such a theory could …

Persistent link: https://www.econbiz.de/10012471055

The Visible Hand, the Invisible Hand and Efficiency

Goldman, Eitan - 2000

When a firm forms a market closes. Resources that were previously allocated via the price system are allocated by managerial authority within the firm. We explore this choice of organizational form using a model of price formation in which agents negotiate prices on behalf of their principals...

Persistent link: https://www.econbiz.de/10012471182

The Firm as a Dedicated Hierarchy : A Theory of the Origin and Growth of Firms

Rajan, Raghuram G. - 2000

A fundamental problem entrepreneurs face in the formative stages of their businesses is how to provide incentives for employees to protect, rather than steal, the source of organizational rents. We study how the entrepreneur's response to this problem will determine the organization's internal...

Persistent link: https://www.econbiz.de/10012471229

Enter at Your Own Risk : HMO Participation and Enrollment in the MedicareRisk Market

Abraham, Jean - 1999

We examine HMO participation and enrollment in the Medicare risk market for the years 1990 to 1995. We develop a profit- maximization model of HMO behavior, which explicitly considers potential linkages between an HMO's production decision in the commercial enrollee market and its participation...

Persistent link: https://www.econbiz.de/10012471400

What Determines Firm Size?

Kumar, Krishna B. - 1999

Motivated by theories of the firm, which we classify as technological' or organizational,' we analyze the determinants of firm size across industries and across countries in a sample of 15 European countries. We find that, on average, firms facing larger markets are larger. At the industry...

Persistent link: https://www.econbiz.de/10012471580

Models of Firm Behavior Under Minimum Wage Legislation

Bloom, David E. - 1986

This paper sets out three simple models of firm behavior under minimum wage legislation. The key feature of these models is that they account for important aspects of the government's mechanism for monitoring and enforcing compliance with the minimum wage law. The major results of the paper are...

Persistent link: https://www.econbiz.de/10012477199

The Role of Nonemployers in Business Dynamism and Aggregate Productivity

Bento, Pedro - 2019

A decline in the net entry rate of employer firms in the United States in the last decades, a decline in business dynamism, may explain the observed productivity slowdown. We consider the role of nonemployers, businesses without paid employees, in business dynamism and aggregate productivity....

Persistent link: https://www.econbiz.de/10012479947

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