ID | 364013 |
Title Proper | Decentralization, Aggregation, Control loss, and Costs in a Hierarchical model of the firm |
Other Title Information | Discussion Paper Series. Discussion Paper No: 86.09, November 1986 (Draft) |
Language | ENG |
Author | Keren, Michael ; Levhari, David |
Summary / Abstract (Note) | The Multi-divisional firm is a major organizational innovation, credited by some as having been the main engine of growth since the second world war. Let us first clarify what we mean by the M-Form: it is a firm whose main sub-units are product divisions (rather than the previously customary functional department), which are given very wide discretion in the operations. |
`In' analytical Note | In Barkai, Haim: Kibbutz efficiency and the incentive conundrum. [Discussion Paper Series. Discussion Paper No: 86.02, February 1986 (Draft)] Jerusalem. The Maurice Falk Institute for Economic Research in Israel, 1986. |
Key Words | Hierarchical Model of the Firm |