This conceptual paper starts with a question regarding the nature of the firm: is the firm a nexus of contracts or a real entity? To answer this question, the article departs from a critique of firm contract theory that usually focuses on moral personification to propose some theoretical...

This paper intends to depart from a critique of the nexus of contracts theory of the firm endowed with its moral personification to propose some theoretical foundations of the firm as a real entity. Some old legal views of the corporation are mobilized to complete the conceptual vacuity of...

Les firmes-monde sont devenues des entités économiques et politiques dont l'hyperpuissance doit être raisonnablement régulée. D'immenses firmes dominent l'environnement oligopolistique international. Ces firmesmonde développent diverses stratégies de désintégration verticale globale,...

Ronald H. Coase and Frank H. Knight are usually considered by scholars to be the most influential and pioneering authors of the modern theory of the firm. However, it is less well known that both of them argue, in a different but often complementary way, that employment relationships and...