• a framework for the study of firms as constitutional orders

    جزئیات بیشتر مقاله
    • تاریخ ارائه: 1392/07/24
    • تاریخ انتشار در تی پی بین: 1392/07/24
    • تعداد بازدید: 853
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     much of the literature on corporate performance focuses on institutional restructuring, and implicitly assumes that constitutional factors are determined exogenously. existing theories of the firm—whether a “goal paradigm” or an “exchange paradigm”—provide useful insights; but we find them incomplete because they miss the extent to which companies build unique and meaningful constitutional orders. building on vanberg (const polit econ 3(2):223–253, 1992), we investigate the extent to which the field of constitutional political economy (cpe) can improve our understanding of organisations, by providing a typology of cpe that can be applied to a study of firms. we make a distinction among (1) operational; (2) institutional; and (3) constitutional levels of management, and based on the cpe literature argue that “constitutional” considerations help us to define the boundaries of a firm and its operational environment.

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