The Firm

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The Firm

The Firm Pdf/ePub eBook Author: ,
Editor: Simon and Schuster
ISBN: 1439190992
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The Firm by , Summary

The story of McKinsey & Co., America’s most influential and controversial business consulting firm, “an up-to-date, full-blown history, told with wit and clarity” (The Wall Street Journal). If you want to be taken seriously, you hire McKinsey & Company. Founded in 1926, McKinsey can lay claim to the following partial list of accomplishments: its consultants have ushered in waves of structural, financial, and technological change to the nation’s best organizations; they remapped the power structure within the White House; they even revo­lutionized business schools. In The New York Times bestseller The Firm, star financial journalist Duff McDonald shows just how, in becoming an indispensable part of decision making at the highest levels, McKinsey has done nothing less than set the course of American capitalism. But he also answers the question that’s on the mind of anyone who has ever heard the word McKinsey: Are they worth it? After all, just as McKinsey can be shown to have helped invent most of the tools of modern management, the company was also involved with a number of striking failures. Its consultants were on the scene when General Motors drove itself into the ground, and they were K-Mart’s advisers when the retailer tumbled into disarray. They played a critical role in building the bomb known as Enron. McDonald is one of the few journalists to have not only parsed the record but also penetrated the culture of McKinsey itself. His access puts him in a unique position to demonstrate when it is worth hiring these gurus—and when they’re full of smoke.

Head of the Firm (Bad Blood, Book 3)

Head of the Firm (Bad Blood, Book 3) Pdf/ePub eBook Author: Caz Finlay
Editor: HarperCollins UK
ISBN: 0008405085
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Head of the Firm (Bad Blood, Book 3) by Caz Finlay Summary

If you love Kimberley Chambers and Martina Cole you won’t be able to put down this gripping gangland crime from Liverpool’s very own Caz Finlay!

Towards a Competence Theory of the Firm

Towards a Competence Theory of the Firm Pdf/ePub eBook Author: Nicolai J. Foss,Christian Knudsen
Editor: Routledge
ISBN: 1317798767
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Towards a Competence Theory of the Firm by Nicolai J. Foss,Christian Knudsen Summary

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.

The Firm: The Troubled Life of the House of Windsor

The Firm: The Troubled Life of the House of Windsor Pdf/ePub eBook Author: Penny Junor
Editor: Harper Collins
ISBN: 0007393334
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The Firm: The Troubled Life of the House of Windsor by Penny Junor Summary

It would be hard to invent a group of personalities more extraordinary than the British Royal Family – known as 'The Firm' by Prince Philip. With an eye on the past, present and future, this book takes a look at how the family really operates and reveals how they behave behind closed doors.

The Theory of the Firm

The Theory of the Firm Pdf/ePub eBook Author: Paul Walker
Editor: Routledge
ISBN: 1317277023
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The Theory of the Firm by Paul Walker Summary

Firms are a ubiquitous feature of the economic landscape, with much of the activity undertaken within an economy taking place within their boundaries. Given the size of the contribution made by firms to economic activity, employment and growth, having a theoretical understanding of the nature and structure of firms is crucial for understanding how an economy functions. The Theory of the Firm firstly offers a brief overview of the past, consisting of a concise discussion of the classical view of production, followed by an outline of the development of the neoclassical - or ‘textbook’ - approach to firm level production. Secondly, the ‘present’ of the theory of the firm is discussed in three sections. The first section considers the post-1970 theory of the firm literature per se, while the second section scrutinises the relationship between the three most prominent of the modern sets of theories: the reference point, property rights and transaction cost approaches. The third section looks at the theory of privatisation. The unique aspects of this book includes its discussions of the post-1970 contributions to the theory of the firm; the integration of the theory of the entrepreneur with the theory of the firm; and the theory of privatisation. This volume offers an intuitive introduction to the theories of the firm as well as simple formal models of the most important contributions to the literature. It also outlines the historical evolution of the traditional and modern theories of the firm. This book is of great interest to those who study history of economic thought, industrial economics and organizational studies.

The Internationalisation Maturity of the Firm

The Internationalisation Maturity of the Firm Pdf/ePub eBook Author: Krzysztof Fonfara,Łukasz Małys,Milena Ratajczak-Mrozek
Editor: Cambridge Scholars Publishing
ISBN: 1527526917
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The Internationalisation Maturity of the Firm by Krzysztof Fonfara,Łukasz Małys,Milena Ratajczak-Mrozek Summary

In the 21st century, even small firms can reach customers located in different, often remote, parts of the world. In fact, internationalisation has become a common phenomenon that affects the majority of companies worldwide. Recent research emphasises that there are numerous determinants of a company’s competitive advantage in the international business environment, including product quality, price, and market knowledge. Much less attention, however, has been paid to the role of business relationships. The task of determining the impact of business relationships on performance poses a considerable challenge. In the book, business relationships are operationalised by a set of characteristics and determinants which influence a company’s competitive advantage. The contributors here refer to these characteristics and determinants as components of the company’s internationalisation maturity. It is argued that a higher level of internationalisation maturity increases the firm’s performance. The book includes both conceptual discussions on the role of firms’ business relationships in the internationalisation process and results of extensive empirical studies. In order to verify the concept of a firm’s internationalisation maturity, a mixed methodology was used, combining quantitative (almost 300 companies) and qualitative (40 case studies) research. As such, the book provides useful insights for academics, students of management and international business, and business practitioners.

The Firm

The Firm Pdf/ePub eBook Author: John Grisham
Editor: Dell
ISBN: 0307576140
FileSize: 625kb
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The Firm by John Grisham Summary

When Mitch McDeere signed on with Bendini, Lambert & Locke of Memphis, he thought that he and his beautiful wife, Abby, were on their way. The firm leased him a BMW, paid off his school loans, arranged a mortgage, and hired the McDeeres a decorator. Mitch should have remembered what his brother Ray–doing fifteen years in a Tennessee jail–already knew: You never get nothing for nothing. Now the FBI has the lowdown on Mitch’s firm and needs his help. Mitch is caught between a rock and a hard place, with no choice–if he wants to live.

Entrepreneurship and the Firm

Entrepreneurship and the Firm Pdf/ePub eBook Author: Nicolai J. Foss,Peter G. Klein
Editor: Edward Elgar Publishing
ISBN: 9781843767107
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Entrepreneurship and the Firm by Nicolai J. Foss,Peter G. Klein Summary

While characteristically "Austrian" economic themes are clearly relevant to the business firm, Austrian economists have said little about management, organization and strategy. The 12 chapters in this work seek to advance the understanding of these issues by drawing on Austrian ideas.

The Theory of the Firm

The Theory of the Firm Pdf/ePub eBook Author: Peter J. Curwen
Editor: Springer
ISBN: 1349156450
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The Theory of the Firm by Peter J. Curwen Summary

The Firm, the Market, and the Law

The Firm, the Market, and the Law Pdf/ePub eBook Author: R. H. Coase
Editor: University of Chicago Press
ISBN: 022605120X
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The Firm, the Market, and the Law by R. H. Coase Summary

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 Institutional Theory of the Firm

The Institutional Theory of the Firm Pdf/ePub eBook Author: Alexander Styhre
Editor: Routledge
ISBN: 0429632282
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The Institutional Theory of the Firm by Alexander Styhre Summary

The Institutional Theory of the Firm examines recent and previous organization theory literature to advocate what Evans (1995) refers to as the "embedded autonomy" of the firm, as well as its role in being simultaneously anchored in, for example, corporate legislation and regulatory practices on the national, regional (i.e., within the European Union) and transnational levels, while at the same time being granted the right to operate with significant degrees of freedom within this legal-regulatory model. Seen in this view, the embedded autonomy of the corporation represents a theoretical view of the corporation that complements the market-based image of the corporation in economic theory. When advocating the institutional theory model, three forms of embedded autonomy are examined. First, the corporation is enacted as a legal entity sui juris—as a freestanding "legal person" in corporate law and within the regulatory framework that serves to enforce legislation in everyday life settings. Second, the corporation is embedded within what social theorists refer to as moral economies, the norms and values that regulate what are the socially acceptable and legitimate means for conducting business. Third and finally, the corporation is embedded in governance, a relatively complex economic concept that denotes legal and regulatory control on the societal and economic system levels, and on the level of the individual corporation. By combining the three forms of embeddedness, sanctioned by law, norms, and governance, the embedded autonomy of the firm is secured on the basis of a variety of social practices and resources. This book brings together a diverse literature including management studies, economic sociology, legal theory, finance theory, and mainstream economic theory to advance the argument that the corporation is best understood as what is embedded in a social and economic context, yet best serving its defined and stipulated ends by assuming considerable degrees of freedom to operate in isolation from various stakeholders. It will be of relevance for a variety of readers, including graduate students, management scholars, policy-makers, and management consultants interested in organization theory and management studies.

Holy the Firm

Holy the Firm Pdf/ePub eBook Author: Annie Dillard
Editor: Harper Collins
ISBN: 0061871656
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Holy the Firm by Annie Dillard Summary

In 1975 Annie Dillard took up residence on an island in Puget Sound in a wooded room furnished with "one enormous window, one cat, one spider and one person." For the next two years she asked herself questions about time, reality, sacrifice death, and the will of God. In Holy the Firm she writes about a moth consumed in a candle flame, about a seven-year-old girl burned in an airplane 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. This is a profound book about the natural world -- both its beauty and its cruelty -- the Pulitzer Prize-winning Dillard knows so well.

Theory of the Firm

Theory of the Firm Pdf/ePub eBook Author: ,
Editor: Macmillan International Higher Education
ISBN: 134901060X
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Theory of the Firm by , Summary

The Firm

The Firm Pdf/ePub eBook Author: Roy Williams
Editor: Bloomsbury Publishing
ISBN: 1350065455
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The Firm by Roy Williams Summary

I can't get out of bed without groaning or feel summin inside of me is creaking... We're too old for this shit. In a pub in South London 'The Firm' reunite for the first time in twelve years. Back in their misspent youth they were a notorious criminal gang; these days they're older, wiser, and their lives have changed beyond recognition. But when an uninvited guest turns up to the party with an intriguing proposition and an explosive secret it's clear they might be tempted to try their hands at one last job. Will they escape their past unscathed? Roy Williams' gripping new play is a tale of growing up, lifelong loyalties and how sometimes, it is possible to choose your own family. Published to coincide with the premiere at the Hampstead Theatre Downstairs in Autumn 2017.

Organising the Firm

Organising the Firm Pdf/ePub eBook Author: Petri Mäntysaari
Editor: Springer Science & Business Media
ISBN: 9783642221972
FileSize: 1983kb
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Organising the Firm by Petri Mäntysaari Summary

The theoretical basis of commercial law, corporate governance law, and corporate law is still unsatisfactory. There essentially is no theory of commercial law, and existing theories of corporate governance and corporate law cannot explain the behaviour of firms or the contents of existing regulation. This book proposes a coordinated solution for all three areas. The starting point is that all three areas deal with the organisation of firms. Commercial law, corporate governance, and corporate law are therefore studied from the perspective of the firm rather than that of the judge or the investor. Changing the perspective makes it easier to formulate an "umbrella" theory of commercial law, and theories of corporate governance and corporate law as applications of the main theory. The book provides examples of how the proposed theories work by studying legal corporate governance tools and practices that increase the sustainability of the firm. Sustainability can be bolstered by making the governance model more self-enforcing and ensuring that it fosters innovation.

Handbook on the Economics and Theory of the Firm

Handbook on the Economics and Theory of the Firm Pdf/ePub eBook Author: Michael Dietrich,Jackie Krafft
Editor: Edward Elgar Publishing
ISBN: 1781002401
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Handbook on the Economics and Theory of the Firm by Michael Dietrich,Jackie Krafft Summary

This unique Handbook explores both the economics of the firm and the theory of the firm, two areas which are traditionally treated separately in the literature. On the one hand, the former refers to the structure, organization and boundaries of the firm, while the latter is devoted to the analysis of behaviours and strategies in particular market contexts. the novel concept underpinning this authoritative volume is that these two areas closely interact, and that a framework must be articulated in order to illustrate how linkages can be created. This interpretative framework is comprehensively developed in the editors' introduction, and the expert contributors – more than fifty academics of renowned authority – further elaborate on the linkages in the seven comprehensive sections that follow, encompassing: background; equilibrium and new institutional theories; the multinational firm; dynamic approaches to the firm; modern issues; firms' strategies; and economic policy and the firm. Bridging economics and theory of the firm, and providing both technical and institutional perspectives on real corporations, this path-breaking Handbook will prove an invaluable resource for academics, researchers and students in the fields of economics, heterodox economics, business and management, and industrial organization.

A Brief Prehistory of the Theory of the Firm

A Brief Prehistory of the Theory of the Firm Pdf/ePub eBook Author: Paul Walker
Editor: Routledge
ISBN: 1351041371
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A Brief Prehistory of the Theory of the Firm by Paul Walker Summary

The theory of the firm did not exist, in any serious manner, until around 1970. Only then did the current theory of the firm literature begin to emerge, based largely upon the work of Ronald Coase and to a lesser degree Frank Knight. It was work by Armen Alchian, Robert Crawford, Harold Demsetz, Michael Jensen, Benjamin Klein, William Meckling and Oliver Williamson, among others, that drove the upswing in interest in the firm among mainstream economists. This accessible book provides a valuable overview of the ‘prehistory’ of the firm. Spanning an impressive timeline, it delves into Antiquity, the Medieval era, the pre-classical economics period and the 19th and 20th centuries. Next, the book traces the theoretical contributions from pre-classical, classical and neoclassical economics. It will be illuminating reading for students and researchers of the history of economic thought, industrial organization, microeconomic theory and business history.

The Firm

The Firm Pdf/ePub eBook Author: Dr Bill Smith
Editor: The Nazca Plains Corporation
ISBN: 1610980204
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The Firm by Dr Bill Smith Summary

THE FIRM is Bill Smith's quintessential novel on the most exotic aspects of homoerotic slavery. Forrest and David, long-time friends and business associates, are wealthy small time slave traders who are in the business as much for their own pleasure as for profit. But Mr. Broadley, CEO of THE FIRM, convinces both of them to take over the procurement division of a enormous global underground organization which specializes in the 'top end' of the slave market: the best looking, best trained, and always subservient properties reserved for the super-wealthy who can afford to own the very best. In their new position, the two entrepreneurs prove to be wildly successful and slowly learn all aspects of THE FIRM's operations: the sources of slaves, how slaves are successfully trained, effective marketing of the end product, exactly what customers expect of their expensive new property and how to keep those customers happy. Under Mr. Broadley's careful tutelage, Forrest and David meet every challenge thrown at them over the years, earning unbelievable commissions along the way, but, more importantly, the undying gratitude of THE FIRM's Board of Directors. Readers claim: "Bill Smith just keeps getting better and better when it comes to creating an almost believable and most enjoyable fantasy;" "The story line and character developments are absolute tops for this genre;" "This author has an imagination that soars but it's all so real you wouldn't be surprised if you read about THE FIRM in tomorrow's newspaper;" "The upper limits of exquisite homoeroticism."

Neuroeconomics and the Firm

Neuroeconomics and the Firm Pdf/ePub eBook Author: Angela A. Stanton,Mellani Day,Isabell M. Welpe
Editor: Edward Elgar Publishing
ISBN: 1849805601
FileSize: 1337kb
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Neuroeconomics and the Firm by Angela A. Stanton,Mellani Day,Isabell M. Welpe Summary

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.

An Entrepreneurial Theory of the Firm

An Entrepreneurial Theory of the Firm Pdf/ePub eBook Author: Frédéric Sautet
Editor: Routledge
ISBN: 1134582927
FileSize: 408kb
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An Entrepreneurial Theory of the Firm by Frédéric Sautet Summary

This original, provocative work makes a thorough and comprehensive enquiry into the relationship that exists between firms and markets, with separate, in-depth examinations of both the existence and inner organisation of the firm. Sautet develops an accomplished and convincing theory that encompasses a wealth of existing literature and leads it in an entirely new direction.