Managerial Theories of the Firm

Robin Marris
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Robin Marris: University of London

Chapter 5 in Managerial Capitalism in Retrospect, 1998, pp 108-121 from Palgrave Macmillan

Abstract: Abstract In the original book, Chapter 5 was called ‘Supply’, Chapter 6, ‘Complete Micro Models’, and Chapter 7, ‘Behaviour and Evidence’. The first two of these, taken together, closed the model based on the general assumptions described in the preceding chapters. The third was concerned with empirical testing and also with the question of maximizing versus satisficing behaviour, or what would now be called the debate over bounded rationality.

Keywords: Cash Flow; Managerial Theory; Executive Compensation; Micro Model; Discretionary Theory (search for similar items in EconPapers)
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-37616-8_5

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DOI: 10.1057/9780230376168_5

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