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The division of labor and the market for organizations
Lindbeck, Assar; Snower, Dennis J. - 2000
The paper examines of the division of labor within firms. It provides an explanation of the pervasive observed changes in work organisation away from the traditional functional departments and towards multi-tasking and job rotation. Whereas the exsisting literature on the division of labour...
Persistent link: https://www.econbiz.de/10010316081
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The division of labor and the market for organizations
Lindbeck, Assar; Snower, Dennis J. - 2000
The paper examines the determinants of the division of labor within firms. It provides an explanation of the pervasive observed changes in work organization away from the traditional functional departments and towards multi-tasking and job rotation. Whereas the existing literature on the...
Persistent link: https://www.econbiz.de/10010320018
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Externalities, communication and the allocation of decision rights
Bester, Helmut - 2005
This paper views authority as the right to undertake decisions that impose externalities on other members of the organization. When only decision rights can be contractually assigned to one of the organization's stakeholders, the optimal assignment minimizes the resulting inefficiencies by...
Persistent link: https://www.econbiz.de/10010299085
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Consistency in Organization
Schlicht, Ekkehart - 2003
Recent thinking has emphasized the importance of consistency in a firm?s compensation policy. By starting from Williamson?s ideas about idiosyncratic exchange, this view can be supplied with some theoretical foundation. At the same time, the consistency view can be applied to a number of...
Persistent link: https://www.econbiz.de/10010261986
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Cournot Competition between Teams: An Experimental Study
Schipper, Burkhard C.; Raab, Philippe - 2004
In the economic literature on market competition, firms are often modeled as single decision makers and the internal organization of the firm is neglected (unitary player assumption). However, as the literature on strategic delegation suggests, one can not generally expect that the behavior of...
Persistent link: https://www.econbiz.de/10010263110
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Community Enterprises: An institutional innovation
Frey, Bruno S.; Lüthi, Roger; Osterloh, Margit - 2011
Management research has long focused on the theory of the firm, studying for-profit organizations that produce privately owned resources based on central authority and within well-defined boundaries. In recent times, a new kind of enterprise has emerged that we call Community Enterprises. They...
Persistent link: https://www.econbiz.de/10010274756
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Consistency in organization (updated)
Schlicht, Ekkehart - 2011
Internal organization relies heavily on psychological consistency requirements. This thought has been emphasized in modern compensation theory, but has not been extended to organization theory. The perspective sheds new light on several topics in the theory of the firm, like the boundaries of...
Persistent link: https://www.econbiz.de/10010278547
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Consistency in Organization
Schlicht, Ekkehart - 2008
Internal organization relies heavily on psychological consistency requirements. This perspective has been emphasized in modern compensation theory, but has not been extended to organization theory. The idea is developed by starting from Williamson's discussion of idiosyncratic exchange. The...
Persistent link: https://www.econbiz.de/10010427523
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Corporate Governance: The Role of Other Constituencies
Schmidt, Reinhard H. - 1997
The paper discusses the role of various constituencies in the corporate governance of a corporation from the perspective of incomplete contracts. A strict shareholder value orientation in the sense of a rule that at any time firm decisions should be made strictly in the interest of the present...
Persistent link: https://www.econbiz.de/10010316256
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Erich Gutenberg und die Theorie der Unternehmung
Schmidt, Reinhard H. - 1998
Ich möchte in diesem Vortrag Beziehungen zwischen Gutenbergs Theorie der Unternehmung, die in seiner … Habilitationsschrift angelegt und in den Grundlagen der Betriebswirtschaftslehre entfaltet ist, und aktuellen Entwicklungen in der Theorie …, ob mein Vorhaben ein wissenschaftlich sinnvolles Unterfangen darstellt: Kann Gutenbergs Theorie der Unternehmung noch …
Persistent link: https://www.econbiz.de/10010316296