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Social norms and the theory of the firm : a foundational approach

Author: Douglas E Stevens
Publisher: Cambridge, United Kingdom ; New York, NY : Cambridge University Press, 2019. ©2019
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
For decades, the economic theory of the firm referred to as agency theory has dominated business research and education in the United States. Although agency theory has been influential in accounting, finance, and managerial economics, it lacks informal and nonfinancial controls. Douglas E. Stevens resolves to enhance this theory through the incorporation of social norms. Drawing on historical context related to the  Read more...
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Stevens, Douglas E.
Social norms and the theory of the firm.
Cambridge, United Kingdom ; New York, NY : Cambridge University Press, 2019
(DLC) 2018015244
(OCoLC)1030444742
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Douglas E Stevens
ISBN: 9781108423328 1108423329 9781108437455 1108437451 9781108525824 1108525822
OCLC Number: 1061291865
Description: 1 online resource (xvii, 221 pages)
Contents: 1. The importance of behavioral assumptions in economic theory; Part I. The Foundation: 2. A history of the firm that incorporates social norms; 3. The theory of the firm; 4. Social norm theory related to the firm; Part II. The Evidence: 5. Formal models incorporating social norms into the theory of the firm; 6. Emerging evidence of social norms in experimental research; 7. Emerging evidence of social norms in archival research; 8. Conclusion: 'where do we go from here?'
Responsibility: douglas e. stevens.

Abstract:

In his new book, Stevens draws on historical context and a growing body of research to demonstrate the importance of social norms to firms and markets. The book provides a comprehensive roadmap to  Read more...

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'... Stevens makes a persuasive case that social norms are an important determinant of how firms are organized, and how individuals working within them behave.' Paul E. Fischer, University of Read more...

 
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