Values Realization Model of the Firm
Oyama Kazunobu ()
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Oyama Kazunobu: Kanagava University, Yokohama, Japan
Finansovyj žhurnal — Financial Journal, 2012, issue 2, 17-24
Abstract:
Contemporary industrial society is still dominated by the model of the firm driven by profit maximizing. The article proposes a fundamentally different model of the firm which views profit not as an ultimate objective of the firm but only as a means of survival or a vehicle for realization of the values. The conclusion is that the excessive profit orientation can result in demise of the business.
Keywords: theory of the firm; profit maximizing; client base development; realization of the values (search for similar items in EconPapers)
JEL-codes: D92 (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:fru:finjrn:120202:p:17-24
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