In recent years, many new approaches have emerged regarding the effective and efficient management of organizations. These approaches are included in the literature with different disciplines and different perspectives. The main purpose of all these studies is to ensure sustainability. Among...

This paper examines characteristics and limitations of past and current manufacturing organizations, and it extends their frontiers by proposing technological, managerial and organizational capabilities which configure the new face of the industrial organization in the 21st century. From such an...

In this paper, we propose an economic model to analyze the democratization of organizations. We justify several popular forms of democratization by economic efficiency. We find that ordinary members are always better off when their organization is more democratic. Even under the majority rule,...