1977 | OriginalPaper | Buchkapitel
Objectives and Strategies of the Firm: Static and Dynamic Aspects
verfasst von : Alexis P. Jacquemin, Henry W. De Jong
Erschienen in: European Industrial Organisation
Verlag: Macmillan Education UK
Enthalten in: Professional Book Archive
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In contrast with the traditional profit-maximising economic theory of the firm where managerial discretion is unimportant, there is an impressive and growing body of literature which suggests that the firm is a complex organisation made up of a coalition of agents pursuing various goals, and co-ordinating and controlling economic activities by non-market as well as market allocative mechanisms.