Book
Williamson's analysis of the corporation.
| Title: | Williamson's analysis of the corporation. |
|---|---|
| Authors: | Altman, Morris |
| Source: | Encyclopedia of Political Economy. 1999, Vol. 2, p1251-1254. 4p. |
| Abstract: | Information related to American economist Oliver E. Williamson's analysis of the corporation is presented. The analysis, based on the classic work of economist Ronald Coase, examines the factors influencing the existence and size of a corporation in a market economy. The analysis highlights the benefits of corporate vertical or horizontal integration by enhancing the economies of scale. |
| Subject Terms: | *Corporations, *Business size, *Capitalism, *Vertical integration, *Horizontal integration, *Economies of scale |
| People: | Williamson, Oliver E., 1932-, Coase, R. H. (Ronald Harry), 1910-2013 |
| Database: | Business Source Complete |
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