Cultural variation in the theory of the firm

Donald W. Katzner

Journal of Post Keynesian Economics, 2005, vol. 28, issue 2, 277-293

Abstract: This paper presents a model of the firm that includes the possibility of firm and employee on-the-job decision making based on alternatives to profit and utility maximization. Such alternatives are relevant and significant when explaining firm activity in cultural environments in which self-interest is not considered to be a primary force driving human behavior. Three types of firms are defined and their properties are compared: the Western firm, the Japanese firm, and the clan. The third is a combination of the first two.

Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:mes:postke:v:28:y:2005:i:2:p:277-293

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DOI: 10.2753/PKE0160-3477280206

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