Social norms and the theory of the firm : a foundational approach / Douglas E. Stevens.
Material type:
TextPublisher: Cambridge : Cambridge University Press, 2019Description: 1 online resource (xvii, 221 pages) : digital, PDF file(s)Content type: text Media type: computer Carrier type: online resourceISBN: 9781108525824 (ebook)Subject(s): Industrial organization (Economic theory) | Social norms | Industrial sociologyAdditional physical formats: Print version: : No titleDDC classification: 338.501 LOC classification: HD2326 | .S768 2019Online resources: Click here to access online Summary: For decades, the economic theory of the firm referred to as agency theory has dominated business research and education in the United States. Although agency theory has been influential in accounting, finance, and managerial economics, it lacks informal and nonfinancial controls. Douglas E. Stevens resolves to enhance this theory through the incorporation of social norms. Drawing on historical context related to the firm, the theory of the firm, and social norm theory related to the firm, he demonstrates the importance of social norms in the formation and development of free-market capitalism and the firm. He also describes the latest theoretical, experimental, and archival evidence to exhibit the growing body of research that incorporates social norms into the theory of the firm. These foundations enable Stevens to create a comprehensive roadmap of agency theory that will have strong implications for practice and public policy.
| Item type | Current library | Call number | Status | Date due | Barcode |
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Ebooks
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Mysore University Main Library | Not for loan | EBCU353 |
Title from publisher's bibliographic system (viewed on 15 Oct 2018).
For decades, the economic theory of the firm referred to as agency theory has dominated business research and education in the United States. Although agency theory has been influential in accounting, finance, and managerial economics, it lacks informal and nonfinancial controls. Douglas E. Stevens resolves to enhance this theory through the incorporation of social norms. Drawing on historical context related to the firm, the theory of the firm, and social norm theory related to the firm, he demonstrates the importance of social norms in the formation and development of free-market capitalism and the firm. He also describes the latest theoretical, experimental, and archival evidence to exhibit the growing body of research that incorporates social norms into the theory of the firm. These foundations enable Stevens to create a comprehensive roadmap of agency theory that will have strong implications for practice and public policy.
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