skip to content
The origin of the capitalist firm : an entrepreneurial/contractual theory of the firm Preview this item
ClosePreview this item
Checking...

The origin of the capitalist firm : an entrepreneurial/contractual theory of the firm

Author: Weiying Zhang
Publisher: Singapore : Truth & Wisdom Press : Springer, 2018.
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
The book addresses the entrepreneurial origin of the capitalist firm and its asymmetric contractual relationships between capitalists, workers, managers and entrepreneurs, and explains the origin of the firm by focusing on entrepreneurship. A hidden action model shows how assigning residual claim to entrepreneurs can provide a better overall incentive; a hidden information model demonstrates that capitalists are  Read more...
Rating:

(not yet rated) 0 with reviews - Be the first.

Subjects
More like this

Find a copy online

Find a copy in the library

&AllPage.SpinnerRetrieving; Finding libraries that hold this item...

Details

Genre/Form: Electronic books
Additional Physical Format: Print version:
Zhang, Weiying.
Origin of the capitalist firm.
Singapore : Truth & Wisdom Press : Springer, 2018
(OCoLC)927401149
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Weiying Zhang
ISBN: 9789811002212 9811002215
OCLC Number: 1001337969
Description: 1 online resource
Contents: Preface to the second edition --
Preface to the first edition --
Acknowledgements --
Chapter 1 Introduction: Why Does Capital Hire Labour? --
Chapter 2 Marketing, Producing, Monitoring and the Assignment of Principalship --
Chapter 3 Marketing Ability, Personal Wealth and Capital-Hiring-Labour --
Chapter 4 A General Equilibrium Entrepreneurial Model of the Firm --
Chapter 5 Conclusions --
References --
Appendix 1: A Principal-agent Theory of Public Economy and Its Applications to China --
Appendix 2: Decision Rights, Residual Claim and Performance: A Theory of How Chinese State-owned Enterprise Reform Works.
Responsibility: Weiying Zhang.

Abstract:

The book addresses the entrepreneurial origin of the capitalist firm and its asymmetric contractual relationships between capitalists, workers, managers and entrepreneurs, and explains the origin of  Read more...

Reviews

User-contributed reviews
Retrieving GoodReads reviews...
Retrieving DOGObooks reviews...

Tags

Be the first.
Confirm this request

You may have already requested this item. Please select Ok if you would like to proceed with this request anyway.

Linked Data


Primary Entity

<http://www.worldcat.org/oclc/1001337969> # The origin of the capitalist firm : an entrepreneurial/contractual theory of the firm
    a schema:Book, schema:MediaObject, schema:CreativeWork ;
    library:oclcnum "1001337969" ;
    library:placeOfPublication <http://id.loc.gov/vocabulary/countries/si> ;
    schema:about <http://experiment.worldcat.org/entity/work/data/4525396409#Topic/business_enterprises> ; # Business enterprises
    schema:about <http://experiment.worldcat.org/entity/work/data/4525396409#Topic/business_&_economics_economics_general> ; # BUSINESS & ECONOMICS--Economics--General
    schema:about <http://experiment.worldcat.org/entity/work/data/4525396409#Topic/social_systems> ; # Social systems
    schema:about <http://experiment.worldcat.org/entity/work/data/4525396409#Topic/industrial_relations_philosophy> ; # Industrial relations--Philosophy
    schema:about <http://dewey.info/class/330.122/e22/> ;
    schema:about <http://experiment.worldcat.org/entity/work/data/4525396409#Topic/institutional_economics> ; # Institutional economics
    schema:about <http://experiment.worldcat.org/entity/work/data/4525396409#Topic/capitalism> ; # Capitalism
    schema:about <http://experiment.worldcat.org/entity/work/data/4525396409#Topic/business_&_economics_reference> ; # BUSINESS & ECONOMICS--Reference
    schema:author <http://experiment.worldcat.org/entity/work/data/4525396409#Person/zhang_weiying> ; # Weiying Zhang
    schema:bookFormat schema:EBook ;
    schema:datePublished "2017" ;
    schema:description "The book addresses the entrepreneurial origin of the capitalist firm and its asymmetric contractual relationships between capitalists, workers, managers and entrepreneurs, and explains the origin of the firm by focusing on entrepreneurship. A hidden action model shows how assigning residual claim to entrepreneurs can provide a better overall incentive; a hidden information model demonstrates that capitalists are given priority and have authority to select the management, because capital can signal entrepreneurial ability; and a general equilibrium entrepreneurial model shows that the equilibrium relationships between different members of the firm depend on the joint distribution of ability, wealth and risk attitudes in the population. Overall, the book reveals that the capitalist firm is more efficient, not only because it provides better incentives but also because it ensures that the most entrepreneurial people control the firm."@en ;
    schema:description "Preface to the second edition -- Preface to the first edition -- Acknowledgements -- Chapter 1 Introduction: Why Does Capital Hire Labour? -- Chapter 2 Marketing, Producing, Monitoring and the Assignment of Principalship -- Chapter 3 Marketing Ability, Personal Wealth and Capital-Hiring-Labour -- Chapter 4 A General Equilibrium Entrepreneurial Model of the Firm -- Chapter 5 Conclusions -- References -- Appendix 1: A Principal-agent Theory of Public Economy and Its Applications to China -- Appendix 2: Decision Rights, Residual Claim and Performance: A Theory of How Chinese State-owned Enterprise Reform Works."@en ;
    schema:exampleOfWork <http://worldcat.org/entity/work/id/4525396409> ;
    schema:genre "Electronic books"@en ;
    schema:inLanguage "en" ;
    schema:isSimilarTo <http://www.worldcat.org/oclc/927401149> ;
    schema:name "The origin of the capitalist firm : an entrepreneurial/contractual theory of the firm"@en ;
    schema:productID "1001337969" ;
    schema:url <http://public.eblib.com/choice/publicfullrecord.aspx?p=4947295> ;
    schema:url <http://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=1575416> ;
    schema:url <http://public.ebookcentral.proquest.com/choice/publicfullrecord.aspx?p=4947295> ;
    schema:workExample <http://worldcat.org/isbn/9789811002212> ;
    wdrs:describedby <http://www.worldcat.org/title/-/oclc/1001337969> ;
    .


Related Entities

<http://experiment.worldcat.org/entity/work/data/4525396409#Person/zhang_weiying> # Weiying Zhang
    a schema:Person ;
    schema:familyName "Zhang" ;
    schema:givenName "Weiying" ;
    schema:name "Weiying Zhang" ;
    .

<http://experiment.worldcat.org/entity/work/data/4525396409#Topic/business_&_economics_economics_general> # BUSINESS & ECONOMICS--Economics--General
    a schema:Intangible ;
    schema:name "BUSINESS & ECONOMICS--Economics--General"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/4525396409#Topic/business_&_economics_reference> # BUSINESS & ECONOMICS--Reference
    a schema:Intangible ;
    schema:name "BUSINESS & ECONOMICS--Reference"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/4525396409#Topic/business_enterprises> # Business enterprises
    a schema:Intangible ;
    schema:name "Business enterprises"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/4525396409#Topic/industrial_relations_philosophy> # Industrial relations--Philosophy
    a schema:Intangible ;
    schema:name "Industrial relations--Philosophy"@en ;
    .

<http://experiment.worldcat.org/entity/work/data/4525396409#Topic/institutional_economics> # Institutional economics
    a schema:Intangible ;
    schema:name "Institutional economics"@en ;
    .

<http://worldcat.org/isbn/9789811002212>
    a schema:ProductModel ;
    schema:isbn "9811002215" ;
    schema:isbn "9789811002212" ;
    .

<http://www.worldcat.org/oclc/927401149>
    a schema:CreativeWork ;
    rdfs:label "Origin of the capitalist firm." ;
    schema:description "Print version:" ;
    schema:isSimilarTo <http://www.worldcat.org/oclc/1001337969> ; # The origin of the capitalist firm : an entrepreneurial/contractual theory of the firm
    .

<http://www.worldcat.org/title/-/oclc/1001337969>
    a genont:InformationResource, genont:ContentTypeGenericResource ;
    schema:about <http://www.worldcat.org/oclc/1001337969> ; # The origin of the capitalist firm : an entrepreneurial/contractual theory of the firm
    schema:dateModified "2018-11-22" ;
    void:inDataset <http://purl.oclc.org/dataset/WorldCat> ;
    .


Content-negotiable representations

Close Window

Please sign in to WorldCat 

Don't have an account? You can easily create a free account.