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Overview"An updated and edited version of Robin Marris' ""The Economic Theory of Managerial Capitalism"" (1964), an attempt by a professional economist to make a formal theory of the behaviour and growth of a large scale ""managerial"" corporation based on a realistic assessment of the sociological and institutional environment. The model determined the long run growth rates of individual firms on the basis of the financial and market environment on the one hand and the needs, interest and aspirations of both managers and shareholders on the other. Managers in particular were shown to trade desire for growth against fear of takeover. These features of modern capitalism mergers, takeovers and executive bonuses and the relationship between the growth of firms and the growth of the economy have become increasingly topical. This edition contains the original introduction along with reworked and updated coverage of the theoretical model, along with new chapters both of micro theory and assessing and responding to the debate which the book helped create." Full Product DetailsAuthor: R. MarrisPublisher: Palgrave Macmillan Imprint: Palgrave Macmillan Dimensions: Width: 14.00cm , Height: 2.10cm , Length: 21.60cm Weight: 0.420kg ISBN: 9780333588888ISBN 10: 0333588886 Pages: 186 Publication Date: 26 October 1998 Audience: College/higher education , Professional and scholarly , Undergraduate , Postgraduate, Research & Scholarly Format: Hardback Publisher's Status: Active Availability: In Print  This item will be ordered in for you from one of our suppliers. Upon receipt, we will promptly dispatch it out to you. For in store availability, please contact us. Table of ContentsReviews'In this brilliant book , Mr Marris is laying siege to one of the most fundamental assumptions of economics...This is a very important book. I have elsewhere made clear my own debt to Mr Marris. Many others are certain to discover that he repays the most careful study.' - John Kenneth Galbraith Author InformationRobin Marris is Professor Emeritus of Economics at the University of London. Tab Content 6Author Website:Countries AvailableAll regions |
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