This handbook assesses the contemporary relevance, purpose, and performance of the corporation. The corporation is one of the most significant, if contested, innovations in human history, and the direction and effectiveness of corporate law, corporate governance, and corporate performance are...

Featuring contributions from the faculty of the Wharton School, University of Pennsylvania, this study explores how best to organize a firm. It considers the various strategies used to compete in the changing world market, owing to innovations and new principles of organization developed in Japan

Recent years have witnessed an enormous amount of reorganization of the corporate sector in the US and in Europe. This paper examines the role of market competition for this trend in corporate reorganization. We find that at intermediate levels of competition the CEO of the corporation decides...