The Modern Firm

The Modern Firm PDF Author: John Roberts
Publisher: Oxford University Press
ISBN: 0198293755
Category : Business & Economics
Languages : en
Pages : 336

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Book Description
Business firms around the world are experimenting with new organizational designs, changing their formal architectures, their routines and processes, and their corporate cultures as they seek to improve their current performance and their growth prospects. In the process they are changing the scope of their business operations, redrawing their organization charts, redefining the allocation of decision-making authority and responsibility, revamping the mechanisms for motivating and rewarding people, reconsidering which activities to conduct in-house and which to out-source, redesigning their information systems, and seeking to alter the shared beliefs, values and norms that their people hold. In this book, John Roberts argues that there are predictable, necessary relationships among these changes that will improve performance and growth. The organizations that are successful will establish patterns of fit among the elements of their organizational designs, their competitive strategies and the external environment in which they operate and will go about this in a holistic manner. The Modern Firm develops powerful conceptual frameworks for analyzing the interrelations between organizational design features, competitive strategy and the business environment. Written in a non-technical language, the book is nevertheless based on rigorous modeling and draws on numerous examples from eighteenth century fur trading companies to such modern firms such as BP and Nokia. Finally the book explores why these developments are happening now, pointing to the increase in global competition and changes in technology. Written by one of the world's leading economists and experts on business strategy and organization, The Modern Firm provides new insights into the changes going on in business today and will be of interest to academics, students and managers alike.

The Modern Firm

The Modern Firm PDF Author: John Roberts
Publisher: Oxford University Press
ISBN: 0198293755
Category : Business & Economics
Languages : en
Pages : 336

Get Book Here

Book Description
Business firms around the world are experimenting with new organizational designs, changing their formal architectures, their routines and processes, and their corporate cultures as they seek to improve their current performance and their growth prospects. In the process they are changing the scope of their business operations, redrawing their organization charts, redefining the allocation of decision-making authority and responsibility, revamping the mechanisms for motivating and rewarding people, reconsidering which activities to conduct in-house and which to out-source, redesigning their information systems, and seeking to alter the shared beliefs, values and norms that their people hold. In this book, John Roberts argues that there are predictable, necessary relationships among these changes that will improve performance and growth. The organizations that are successful will establish patterns of fit among the elements of their organizational designs, their competitive strategies and the external environment in which they operate and will go about this in a holistic manner. The Modern Firm develops powerful conceptual frameworks for analyzing the interrelations between organizational design features, competitive strategy and the business environment. Written in a non-technical language, the book is nevertheless based on rigorous modeling and draws on numerous examples from eighteenth century fur trading companies to such modern firms such as BP and Nokia. Finally the book explores why these developments are happening now, pointing to the increase in global competition and changes in technology. Written by one of the world's leading economists and experts on business strategy and organization, The Modern Firm provides new insights into the changes going on in business today and will be of interest to academics, students and managers alike.

The Modern Firm

The Modern Firm PDF Author: John Roberts
Publisher: OUP Oxford
ISBN: 019162246X
Category : Business & Economics
Languages : en
Pages : 343

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Book Description
Business firms around the world are experimenting with new organizational designs, changing their formal architectures, their routines and processes, and their corporate cultures as they seek to improve their current performance and their growth prospects. In the process they are changing the scope of their business operations, redrawing their organization charts, redefining the allocation of decision-making authority and responsibility, revamping the mechanisms for motivating and rewarding people, reconsidering which activities to conduct in-house and which to out-source, redesigning their information systems, and seeking to alter the shared beliefs, values and norms that their people hold. In this book, John Roberts argues that there are predictable, necessary relationships among these changes that will improve performance and growth. The organizations that are successful will establish patterns of fit among the elements of their organizational designs, their competitive strategies and the external environment in which they operate and will go about this in a holistic manner. The Modern Firm develops powerful conceptual frameworks for analyzing the interrelations between organizational design features, competitive strategy and the business environment. Written in a non-technical language, the book is nevertheless based on rigorous modeling and draws on numerous examples from eighteenth century fur trading companies to such modern firms such as BP and Nokia. Finally the book explores why these developments are happening now, pointing to the increase in global competition and changes in technology. Written by one of the world's leading economists and experts on business strategy and organization, The Modern Firm provides new insights into the changes going on in business today and will be of interest to academics, students and managers alike.

The Modern Firm, Corporate Governance and Investment

The Modern Firm, Corporate Governance and Investment PDF Author: Per-Olof Bjuggren
Publisher: Edward Elgar Publishing
ISBN: 1848449054
Category : Business & Economics
Languages : en
Pages : 425

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Book Description
This book explores the revolutionary development of the theory of the firm over the past 35 years. Despite rapid progress in the field, new developments in the microeconomic and industrial organization literature have been relatively scant. This book attempts to redress the balance by providing a comprehensive overview of the theory of the firm before moving on to explore firms and the organization of their economic activities. The contributors investigate the impact of ownership structure and board composition on firm performance, and examine how the institutional framework of an economy affects investment decisions. More specifically, detailed studies of topics including contracts, authority, competence blocs, institutional impacts and corporate governance mechanisms are presented. This unique blend of financial economics and industrial organization perspectives on the corporate firm will prove a stimulating read for scholars and researchers of economics, business administration and law.

The Making of the Modern Company

The Making of the Modern Company PDF Author: Susan Watson
Publisher: Bloomsbury Publishing
ISBN: 1509923640
Category : Law
Languages : en
Pages : 337

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Book Description
This book adopts a historical perspective to highlight, and bring back into focus, the key features of the modern company. A central argument in the book is that legal personhood attaching to an entity containing a corporate fund seeded by shareholders is a direct and inevitable consequence of limited liability and the company's status as a separate legal entity from its shareholders. Management by a board subject to legal duties to the company as an entity that can exist in perpetuity facilitates a long term perspective by the board that can accommodate both shareholder and stakeholder interests. These defining characteristics differentiate the modern company from other business forms. The Making of the Modern Company applies a 21st-century lens to the corporation through its history to identify turning points in its development. It sets out how key features emerged in the course of two separate developmental cycles in English corporate law: first with the English East India Company in the 17th century, and then with general incorporation statutes in the 2nd half of the 19th century. The book's historical perspective highlights that the key features are part of the 'secret sauce' of modern companies. Each cycle coincided with unparalleled periods of economic success associated with corporate activity This book will be of interest to corporate law and governance academics, theorists and practitioners, those who study the company from related disciplines, and anyone who questions why uncertainty still exists about the structure of a legal form that has been described as 'amongst mankind's greatest inventions'.

Managing the Modern Law Firm

Managing the Modern Law Firm PDF Author: Laura Empson
Publisher: Oxford University Press
ISBN: 019929674X
Category : Business & Economics
Languages : en
Pages : 263

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Book Description
The last ten years have been a period of extraordinary change for law firms. The rapid growth of corporate law firms and the emergence of global mega-firms such as Clifford Chance, Linklaters, and Freshfields, have strained the traditional partnership model of management. Some managers of law firms are appalled at the creeping 'corporatism' that they fear may result. However a growing number believe that it is time to move on and adopt more contemporary forms of structure andmanagement.Successfully meeting the challenges of this new business environment is vital for the continuing prosperity of law firms. Featuring contributions from both management researchers and legal practitioners, Managing the Modern Law Firm presents the latest insights from Management Studies in an approachable, practical, and relevant manner for lawyers and other professionals involved directly and indirectly with the management of law firms.

The Growth of Firms

The Growth of Firms PDF Author: Alex Coad
Publisher: Edward Elgar Publishing
ISBN: 1848449100
Category : Business & Economics
Languages : en
Pages : 209

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Book Description
Research into firm growth has been accumulating at a terrific pace, and Alex Coad s survey of this multifaceted field provides a detailed, comprehensive overview of the latest developments. Much progress has been made in empirical research into firm growth in recent decades due to factors such as the availability of detailed longitudinal datasets, more powerful computers and new econometric techniques. This book provides an up-to-date catalogue of empirical work, as well as a coherent theoretical structure within which these new results can be interpreted and understood. It brings together a large body of recent research on firm growth from a multidisciplinary perspective, providing an up-to-date synthesis of stylized facts and empirical regularities. Numerous empirical findings and theories of firm growth are also surveyed and compared in order to evaluate their validity. Drawing on a vast and diverse body of research, this book will prove invaluable to students, academics, policy makers and practitioners with a need to keep abreast of studies in industrial organization, firm growth and management.

The Theory of the Firm

The Theory of the Firm PDF Author: Nicolai J. Foss
Publisher: Taylor & Francis
ISBN: 9780415196413
Category : Business & Economics
Languages : en
Pages : 536

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Book Description


F. Daniel Frost and the Rise of the Modern American Law Firm

F. Daniel Frost and the Rise of the Modern American Law Firm PDF Author: Toni Marie Massaro
Publisher:
ISBN: 9781888965117
Category : Law firms
Languages : en
Pages : 0

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Book Description
This biography of F. Daniel Frost, whose life and work are most closely associated with the expansion of the Los Angeles law firm of Gibson, Dunn & Crutcher from the 1960s through the 1980s, is also a tale of the transformation of the American legal profession during that era. Macro histories offer one important window into this rich chapter of the profession’s history, and personal narratives of the most ambitious and high-profile leaders offer still another. This book is written from Dan Frost’s viewpoint as an exceptionally influential private lawyer who shaped a major California firm throughout the second half of the last century. During this dynamic time in the saga of the profession, the rise of California’s law firms was a crucial component. Gibson, Dunn & Crutcher today is a global entity, with offices and influence in every major economic hub in the world, but when Frost joined the firm it still was a small, essentially regional institution. He was a witness to, and became a central architect of, the firm’s dramatic evolution thereafter. The foundations of Frost’s success included his family, education, and public service background, as well as the historical, economic, and geographical context in which he lived. During this time, California’s major industries, universities, cultural centers, and sheer geographic expanse and natural beauty established her as the nation’s other coast—rivaling, and in some respects defeating, the venerable East Coast in influence, affluence, and dynamism. Frost’s career holds valuable lessons for legal historians, California historians, and lawyers of any era. His life also offers insights for his professional and personal descendants, as Frost respected and sought to preserve the firm’s history and became a student of western history, spending many years capturing the history of his pioneer ancestors. This account is aimed at illuminating Dan Frost’s role in the evolving firm and family history and will enable his professional and personal descendants to find themselves in the ongoing evolution of a pioneer law firm and a pioneer family. They may glimpse their own trajectory as they reflect on the life of this western lawyer, professional leader, entrepreneur, and philanthropist—a journey that continues today.

The Modern Corporation and Private Property

The Modern Corporation and Private Property PDF Author: Adolf Augustus Berle
Publisher:
ISBN:
Category : Corporation law
Languages : en
Pages : 396

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Book Description


The Rise of the Uncorporation

The Rise of the Uncorporation PDF Author: Larry E. Ribstein
Publisher:
ISBN: 0195377095
Category : Business & Economics
Languages : en
Pages : 294

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Book Description
The Rise of the Uncorporation covers the history, law, and finance of unincorporated firms. These "uncorporations" including general and limited partnerships and limited liability companies, are now the dominant business form of non-publicly-traded firms. Through private equity and publicly traded partnerships, uncorporations have emerged as a significant force in the governance of a wide range of the biggest firms. This is the first general theoretical and practical overview of alternatives to incorporation, including ancillary concepts connected with the evolution of these firms, and analysis of likely future trends in business organization. The Rise of the Uncorporation provides a clear and easily understandable theoretical and practical background to this important subject.