The Value Principle in Management Practices
The value principle in organizational economics states that the net market value of the goods that a firm sells is a key determinant of its organizational design. We survey and …
The value principle in organizational economics states that the net market value of the goods that a firm sells is a key determinant of its organizational design. We survey and …
We jointly study firm boundaries and the allocation of decision rights within them by confronting an incomplete-contracts model with data on vertical integration and delegation for …