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- W2114000744 abstract "Over the past twenty years the theory of the firm, and of organization more generally, hasgrown into a substantial field of economic research. Yet, peculiarly little attention has beenspent on understanding the role of cooperatives and other non-corporate forms of organiza-tion. It has simply been assumed that most firms are business corporations and that this is sobecause having investors own and control firms is an inherently superior arrangement.Professor Hansmann, in a laudable departure from the mainstream, has reminded us thatthese generally held presumptions are false; that many competing forms of firm organizationexist, including cooperatives; and that understanding the full panoply of firm organization isessential for appreciating not only the outstanding variety, but also the distinctive virtues ofthe corporate form itself. His excellent book ”Ownership of Enterprise” has gotten economistsinterested in non-corporate forms of organization and helped them see these organizationalforms, not as anomalies, but as competitive institutions that form an integral part of a healthymarket economy." @default.
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- W2114000744 date "1999-01-01" @default.
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- W2114000744 title "Future of Cooperatives: A Corporate Perspective" @default.
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