I show that the three main contributions to the theory of the business of the last century, those of Cobb and Douglas (1928), Coase (1937), and Lucas (1978), are actually complementary and can be fitted into a general model of the firm size choice as the solution to a problem of optimal...

Competitiveness results from factors beyond structural conditions and organizational boundaries, such as cooperation. Evidence gathered in credit unions suggests there is a social process in the firm for generating capabilities and economic goods to satisfy the needs established by social...

Entrepreneurs, opportunities, and entrepreneurial behaviors play an important role within the theory of entrepreneurship. However, we have limited knowledge about possible associations among these factors. Therefore, this study investigates these interactions. The study aims to identify the...

The concept of vertical architecture defines the scope of a firm and the extent to which it is open to final and intermediate markets. A firm can make or buy inputs, and transfer outputs downstream or sell them. Permeable vertical architectures are partly integrated and partly open to the...

The aim of this paper is to measure the relationship between corporate governance and the performance of firms in Nigeria. To achieve this objective, we use Return on equity, Net profit margin, Sales growth, Dividend yield, and Stock prices/values as the key variables that defined the...

The Kyoto Protocol was approved in February 2005 and the carbon market without rules, played by pioneer companies interested in learning how to do with their corporate image, started working towards a formality. As Certified Emissions Reduction (CER) market has already established Institutional...

Coopetition can occur when two (or more) firms, during and/or after their competitive actions and reactions, decide to pursue a common goal by cooperating in other activities or, vice versa, when two (or more) firms, during and/or after cooperative relationships, compete against each other in...

Consider a market where firms sell differentiated but substitutable products. Each firm has some uniqueness for its products but also has non-cooperative rivals. The market power of a firm is determined by the inelasticity of demand for its products as well as it market share. First, an index...

Marketing is a system, a value, a complex. Marketing is a behavioral, interpersonal and cultural concept. The value of total marketing is the value of the exchange of signs, labels, recognition, identity, trends, time and comfort. Contextual markets are complexes that are remarketed or resold in...

It is often argued that competition forces managers to make better choices, thus favoring managerial autonomy in decision making. I formalize and challenge this idea. Suppose that managers care about keeping their position or avoiding interference, and that they can make strategic choices that...