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📒The Firm ✍ Duff McDonald
📝The Firm Book Synopsis : They helped invent the bar code. They revolutionized business schools and created the corporate practices that now rule our world. They reinvented the idea of American capitalism and aggressively exported it across the globe. McKinsey employees are trusted and distrusted, loved and despised. They are doing behind-the-scenes work for the most powerful people in the world, and their ranks of alumni include the chairman of HSBC and William Hague. Renowned financial journalist Duff McDonald uncovers how these high-priced business savants have ushered in waves of structural, financial, and technological shifts but also become mired in controversy across the years. Discover how the firm both endorsed and celebrated Enron’s disastrous corporate structure and how they’ve been instrumental in the Coalition’s controversial NHS reforms. Are they worth their astronomical fees? And what do firms and governments actually get for their money? Based on exclusive interviews with key McKinsey players and written in gripping prose, this is a revealing window onto one of the most secretive and powerful companies in the world.
📒The Firm ✍ Gary Bruce
📝The Firm Book Synopsis : Based on previously classified documents and on interviews with former secret police officers and ordinary citizens, The Firm is the first comprehensive history of East Germany's secret police, the Stasi, at the grassroots level. Focusing on Gransee and Perleberg, two East German districts located north of Berlin, Gary Bruce reveals how the Stasi monitored small-town East Germany. He paints an eminently human portrait of those involved with this repressive arm of the government, featuring interviews with former officers that uncover a wide array of personalities, from devoted ideologues to reluctant opportunists, most of whom talked frankly about East Germany's obsession with surveillance. Their paths after the collapse of Communism are gripping stories of resurrection and despair, of renewal and demise, of remorse and continued adherence to the movement. The book also sheds much light on the role of the informant, the Stasi's most important tool in these out-of-the-way areas. Providing on-the-ground empirical evidence of how the Stasi operated on a day-to-day basis with ordinary people, this remarkable volume offers an unparalleled picture of life in a totalitarian state.
📒The Theory Of The Growth Of The Firm ✍ Edith Penrose
📝The Theory of the Growth of the Firm Book Synopsis : There are not many books that are genuine classics, and only a handful in business and management whose insights and ideas last for 50 years and more. This book is one of the very few 'must reads' for anybody seriously interested in the role of management within the firm. Originally published in 1959, The Theory of the Growth of the Firm has illuminated and inspired thinking in strategy, entrepreneurship, knowledge creation, and innovation. Edith Penrose's tightly-argued classic laid the foundations for the resource based view of the firm, now the dominant framework in business strategy. She analyses managerial activities and decisions, organizational routines, and also the factors that inevitably limit a firm's growth prospects. For this new anniversary edition, Christos Pitelis has written a new introduction which both tells the story of Penrose's extraordinary life, and provides a balanced assessment of her key ideas and their continuing relevance and freshness.
📒The Firm The Market And The Law ✍ R. H. Coase
📝The Firm the Market and the Law Book Synopsis : Few other economists have been read and cited as often as R.H. Coase has been, even though, as he admits, "most economists have a different way of looking at economic problems and do not share my conception of the nature of our subject." Coase's particular interest has been that part of economic theory that deals with firms, industries, and markets—what is known as price theory or microeconomics. He has always urged his fellow economists to examine the foundations on which their theory exists, and this volume collects some of his classic articles probing those very foundations. "The Nature of the Firm" (1937) introduced the then-revolutionary concept of transaction costs into economic theory. "The Problem of Social Cost" (1960) further developed this concept, emphasizing the effect of the law on the working of the economic system. The remaining papers and new introductory essay clarify and extend Coarse's arguments and address his critics. "These essays bear rereading. Coase's careful attention to actual institutions not only offers deep insight into economics but also provides the best argument for Coase's methodological position. The clarity of the exposition and the elegance of the style also make them a pleasure to read and a model worthy of emulation."—Lewis A. Kornhauser, Journal of Economic Literature Ronald H. Coase was awarded the Nobel Prize in Economic Science in 1991.
📒The Firm ✍ John Grisham
📝The Firm Book Synopsis : Mitch McDeere, a Harvard Law graduate, becomes suspicious of his Memphis tax firm when mysterious deaths, obsessive office security, and the Chicago mob figure into its operations.
📒Neuroeconomics And The Firm ✍ Angela A. Stanton
📝Neuroeconomics and the Firm Book Synopsis : Do people with high testosterone levels make decisions the same way as people with lower testosterone? Do men change their behavior when a pretty woman enters the office? Do women change their behavior when a handsome man enters the office? Do men and women affect each other within the firm to the detriment or the benefit of the firm? In some ways, the questions this edited volume addresses are questions that we are all familiar with and have asked for many years. It suggests looking for answers in places that that we have never thought of before. Some of the chapters will surprise you with their ingenious, simple answers and propositions; some will perhaps make you feel awkward with their straight-forward way of presenting what we all suspected but felt uncomfortable to talk about. From the foreword by David B. Audretsch This volume brings together leading researchers from a variety of fields to investigate the concept of the firm from new perspectives arising from neuroeconomics. The traditional theory of the firm has focused on the strategic, operational and resource management objectives of the firm as an organization. This timely and informative book explores new horizons in the biology of human decision-making and behavior, including uncertainty, entrepreneurship and ethics as it affects the functioning of the organization. The fascinating chapters cover a wide range of research fields, drawing on both the conscious and the unconscious mind, and how common hormonal cycles in the female and testosterone variations in the male affect each other in the workplace and its affect on the firm as an organization. The topics of entrepreneurship and the recent global financial crisis are discussed from the perspective of hormonal forces and the implications of those forces in the future. It is an enlightening selection of articles that scholars, students, business leaders, and managers will find a valuable read. Vernon L. Smith, 2002 Nobel Laureate in Economics The ideal firm has been studied over several centuries, yet little is known about what makes one successful and another fail. This pioneering book brings together leading researchers investigating the concept of the firm from a neuroscientific perspective. From the viewpoint of economics, the firm's purpose is to maximize shareholders' wealth; resources are commodities, each with its particular supply and demand curve that can be manipulated by the firm to its own benefit. Traditionally, the firm is focused on the strategic, operational and resource management objectives. The editors instead suggest that the objective of the firm is equal to the objectives of its workers. The definition and function of risk in decision-making, ethics, trust and the global financial crisis are all discussed. They are analyzed from the perspective of human bio-physiology, using scanning and hormonal analysis tools, with a focus on the implications for the bottom line of the firm. With experimental as well as theoretical and applied contributions, this book will benefit scholars and students of economics, business management, finance, organizational behavior, entrepreneurship, psychology, neuroscience and law. Practitioners of management, entrepreneurship and law firms will also find this book to be a captivating read.
📒The Internationalization Of The Firm ✍ Peter J. Buckley
📝The Internationalization of the Firm Book Synopsis : The Internationalization of the Firm is a collection of seminal articles on international business with particular reference to the experience of large European and American multinationals in Europe, Japan and the developing countries.
📒A Cognitive Theory Of The Firm ✍ B. Nooteboom
📝A Cognitive Theory of the Firm Book Synopsis : . . . some excellent applications of contemporary scholarship to the major public sector innovation issues of the day. And, if you are more interested in cognitive psychology or evolutionary theory than public sector innovation, this book stands out as an excellent application of constructivist, cognitive evolutionary theory to a field in which you may previously have had little interest. Either way, the journey will have been worthwhile for anyone wishing to take it. Howard A. Doughty, The Innovation Journal: The Public Sector Innovation Journal A thought provoking, original and personal contribution to the emerging field of cognitive economics, integrating insights from a variety of innovative research streams in neighboring social sciences including neural science, social cognition, strategy and organization, and social network analysis. Anna Grandori, Bocconi University, Italy Among scholars writing about business firms, Bart Nooteboom stands out both in his ability to bring relevant perspectives from diverse disciplines together to illuminate phenomena, and in his solid understanding of how firms actually work. For many years he has had a central interest in how firms cope with challenges, problem solving mechanisms in firms, and innovation. These qualities make this an important book. Nooteboom also writes very well, and the book is a pleasure to read. Richard R. Nelson, Columbia University, US In this important and timely book, Bart Nooteboom develops and applies a social cognitive theory of firms and organizations with a focus on learning and innovation. Why explore a cognitive theory of the firm? This enlightening study explains that a cognitive theory of the firm is required in order to lend more substance and analysis to current vague and unconnected ad hoc notions in the literature, such as entrepreneurial vision, absorptive capacity, and variety and dispersion of knowledge. The author explores the notion of differential cognition, drawing together the work of Hayek, Schumpeter and Penrose to shed light on the sources of innovation. This interdisciplinary book connects ideas from specific branches of economics, management and organization, cognitive science, social psychology and sociology and will be invaluable to students and scholars interested in a new perspective on the firm.
📒The Nature Of The Firm ✍ Oliver E. Williamson
📝The Nature of the Firm Book Synopsis : In 1937, Ronald H. Coase published "The Nature of the Firm," a classic paper that raised fundamental questions about the concept of the firm in economic theory. Coase proposed that the comparative costs of organizing transactions through markets rather than within firms are the primary determinants of the size and scope of firms. Coase won the 1991 Nobel Prize in Economics for this work. This volume derives from a conference held in 1987 to commemorate the fiftieth anniversary of the publication of Coase's classic article. The first chapter affords an overview of the volume. It is followed by a republication of the 1937 article, and by the three lectures Coase presented at the conference. These lectures provide a lively and informative history of the origins and development of his thought. Subsequent chapters explore a wide-range of theoretical and empirical issues that have arisen in the transaction cost economic tradition. They illustrate the power of the transaction cost approach to enhance understanding not only of business firms, but of problems of economic organization generally. In addition to Coase's work, contributors include Sherwin Rosen, Paul Joskow, Oliver Hart, Harold Demsetz, Scott Masten, Benjamin Klein, as well as the volume's editors, Oliver E. Williamson, and Sidney G. Winter. The Nature of the Firm includes Coase's acceptance speech for his Nobel Prize in Economics.
📒Market Microstructure ✍ Daniel F. Spulber
📝Market Microstructure Book Synopsis : How firms select market-clearing prices.
📒Governing The Firm ✍ Gregory K. Dow
📝Governing the Firm Book Synopsis : This book provides case studies of worker-controlled firms and surveys available evidence on their behavior.
📒Holy The Firm ✍ Annie Dillard
📝Holy the Firm Book Synopsis : In 1975 Annie Dillard took up residence on an island in Puget Sound in a wooden room - one enormous window, one cat, one spider and one person. For the next two years she asked herself questions about time, reality, sacrifice and death. In Holy the Firm she writes about a moth consumed in a candle flame, about a seven-year-old girl burned in an aeroplane accident, about a baptism on a cold beach. But behind the moving curtain of what she calls 'the hard things - rock mountain and salt sea', she sees, sometimes far off and sometimes as close by as a veil or air, the power play of holy fire. Holy the Firm is a profound and breath-taking book about the natural world by a Pulitzer Prize winner and one of the most influential figures in contemporary non-fiction.
📒The Economic Nature Of The Firm ✍ Louis Putterman
📝The Economic Nature of the Firm Book Synopsis : This book brings together selections from the most influential writings on the internal economic organisation of business firms.
📒Behavioral Theory Of The Firm ✍ Richard M. Cyert
📝Behavioral Theory of the Firm Book Synopsis : Behavioural Theory of the Firm has become a classic work in organizational theory, and is one of the most significant contributions to improving the theory of the firm. This second edition includes new material which puts the original text in a contemporary context.
📒Managerial Economics Markets And The Firm ✍ William Boyes
📝Managerial Economics Markets and the Firm Book Synopsis : Boyes introduces non-majors to the power of economics in business decision making. The text’s intuitive approach clearly highlights how economics influences marketing, management, and other business-related decisions. In addition to traditional principles of price theory MANAGERIAL ECONOMICS examines organizational behavior, strategic management, human resource management, and emerging issues such as game theory, TQM, and information economics. MANAGERIAL ECONOMICS departs from convention to illustrate the role of economic intuition in making sound business decisions. While other texts focus on quantitative analysis, this book enphasizes logic and conceptual modeling -- reinforced by real-life examples -- to highlight the pivotal link between economics and key business concerns such as costs, prices, markets, and personnel. Students learn to weigh the strategic costs and benefits of each business choice, instead of relying on popular quick-fix solutions. Ideal for students in MBA programs and less quantitative courses, MANAGERIAL ECONOMICS demonstrates the power of economic insight on business decision making. Important Notice: Media content referenced within the product description or the product text may not be available in the ebook version.
📒A Theory Of The Firm ✍ Michael C. Jensen
📝A Theory of the Firm Book Synopsis : This collection examines the forces, both external and internal, that lead corporations to behave efficiently and to create wealth. Corporations vest control rights in shareholders, the author argues, because they are the constituency that bear business risk and therefore have the appropriate incentives to maximize corporate value. Assigning control to any other group would be tantamount to allowing that group to play poker with someone else's money, and would create inefficiencies. The implicit denial of this proposition is the fallacy of the so-called stakeholder theory of the corporation, which argues that corporations should be run in the interests of all stakeholders. This theory offers no account of how conflicts between different stakeholders are to be resolved, and gives managers no principle on which to base decisions, except to follow their own preferences. In practice, shareholders delegate their control rights to a board of directors, who hire, fire, and set the compensation of the chief officers of the firm. However, because agents have different incentives than the principals they represent, they can destroy corporate value unless closely monitored. This happened in the 1960s and led to hostile takeovers in the market for corporate control in the 1970s and 1980s. The author argues that the takeover movement generated increases in corporate efficiency that exceeded $1.5 trillion and helped to lay the foundation for the great economic boom of the 1990s.
📒The Firm ✍ John Grisham
📝The Firm Book Synopsis : 25th Anniversary edition of the bestselling legal thriller – now with a new introduction from John Grisham. When Mitchell McDeere qualified third in his class at Harvard, offers poured in from every law firm in America. Bendini, Lambert and Locke were a small, well-respected firm, but their offer exceeded Mitch's wildest expectations: a fantastic salary, a new home, and the keys to a brand new BMW. It was his dream job - but it was to become his worst nightmare. Unravelling a complex trail of secret files, undercover surveillance, and millions of dollars of illegal mob money, Mitch stumbles across a shocking conspiracy and a horrifying truth: nobody has ever left Bendini, Lambert and Locke - and anybody who has ever tried has ended up dead. 'Slickly plotted ... unputdownable' Mail on Sunday 'A furiously paced thriller' Sunday Times 'Enthralling characters and mesmeric plot' Time Out
📒Vertical Relationships And The Firm In The Global Economy ✍ Khalid Sekkat
📝Vertical Relationships and the Firm in the Global Economy Book Synopsis : This book analyses the vertical relationships of firms in an international context. These relationships, Khalid Sekkat argues, have gained further relevance due to the notable increase in vertical specialization of production across borders in the past few years.
📒Towards A Competence Theory Of The Firm ✍ Nicolai J. Foss
📝Towards a Competence Theory of the Firm Book Synopsis : This book explores a new theory of the firm produced through an exchange between management theory and economics. In the process economics is seen to provide a foundational element for strategy research whilst developing a more realistic theory of the firm with a greater emphasis on its internal features. The success of competence theories of the firm also reflects their ability to explain significant trends in the business world, notably the declining importance of conglomerates and critical features in the success of Asian and Japanese business.
📒Greening The Firm ✍ Aseem Prakash
📝Greening the Firm Book Synopsis : This book asks why firms sometimes voluntarily adopt environmental policies which go beyond legal requirements.
📒The Theory Of The Firm ✍ Nicolai J. Foss
📝The Theory of the Firm Book Synopsis : Including over 60 classic papers, these volumes collect together contributions on the theory of the firm, beginning with Ronald Coase's classic work of 1937 and ending with important papers published as late as 1998.