The Nefarious Hierarchy: An Alternative New Theory of the Firm

We propose a new theory of the firm based on the premise that ‘the firm’ characterizes a factor-integrative form of doing business that is often the most effective and efficient structure for <i>doing well by doing bad</i>. We define the terms and requirements involved for such a theory,...

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Bibliographic Details
Main Author: Richard J. Arend
Format: Article
Language:English
Published: MDPI AG 2021-02-01
Series:Administrative Sciences
Subjects:
Online Access:https://www.mdpi.com/2076-3387/11/1/21