The boundaries of the firm revisited
Article Abstract:
There are advantages associated with taking a broad view of the firm and of what determines a firm's boundaries. It is important to be aware that ownership patterns respond to many factors, including difficulties in transferring knowledge and concerns for common assets. It is possible to argue that only a small part of the large-scale organizational change that appears to be taking place can be easily explained by conventional transaction cost theory in which hold-up difficulties are resolved by integration.
Publication Name: Journal of Economic Perspectives
Subject: Economics
ISSN: 0895-3309
Year: 1998
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Corporate governance and merger activity in the United States: making sense of the 1980s and 1990s
Article Abstract:
Research into changes in corporate governance in the United States during the 1980s and 1990s is presented. The incidence of leveraged buyouts and hostile takeovers is analysed and the role of deregulation and information technology examined.
Publication Name: Journal of Economic Perspectives
Subject: Economics
ISSN: 0895-3309
Year: 2001
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New evidence and perspectives on mergers
Article Abstract:
Research into trends and features of mergers and acquisitions during the 1990s is presented. The importance of deregulation as a pivotal factor in merger and takeover activity in the late 1980s and onwards is analysed.
Publication Name: Journal of Economic Perspectives
Subject: Economics
ISSN: 0895-3309
Year: 2001
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