Organizational Economics: An Impending Revolution in Organization Theory?

Organizational Economics: An Impending Revolution in Organization Theory?

Organizational economics (OE) is purported to offer a potential revolution in organization theory. This paper assesses the value of organizational economics for organization theorists. The conclusions are that OE is useful in extending theory building and empirical research in organization theory, b...

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Veröffentlicht in:The Academy of Management review 1990-07, Vol.15 (3), p.402-420
Hauptverfasser: Hesterly, William S., Liebeskind, Julia, Zenger, Todd R.
Format: Artikel
Sprache:eng
Schlagworte:
Corporate governance
Economic costs
Economic theory
Functionalism
Musical agency
Organizational theory
Publicly traded corporations
Research organizations
Theory Development Forum: Market Discipline and the Discipline of Management
Transaction costs
Vertical integration
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Zusammenfassung:Organizational economics (OE) is purported to offer a potential revolution in organization theory. This paper assesses the value of organizational economics for organization theorists. The conclusions are that OE is useful in extending theory building and empirical research in organization theory, but for OE to realize its full potential, it must draw upon organization theory to refine theory building and expand its scope.
ISSN:0363-7425
1930-3807
DOI:10.2307/258016