How Long to Read The Role of Management Controls in Transforming Firm Boundaries and Sustaining Hybrid Organizational Forms

How Long Does it Take to Read The Role of Management Controls in Transforming Firm Boundaries and Sustaining Hybrid Organizational Forms?

It takes the average reader 1 hour and 20 minutes to read The Role of Management Controls in Transforming Firm Boundaries and Sustaining Hybrid Organizational Forms by Shannon W. Anderson

Assuming a reading speed of 250 words per minute. Learn more

Description

Coase [1937] first explained the existence of firms and the boundaries between them as an emergent solution to minimizing the costs of accessing markets -- what Williamson [1975] later termed 'transaction costs.' Over time, innovations in management control and changes to legal structures have reduced the costs of monitoring, raised the costs of behaving opportunistically, and created ways for partners to commit credibly to future actions. At the same time, entrepreneurial firms have developed inimitable resources that are a basis for collaborating with partners who have complementary resources [Penrose, 1959]. Together these forces have transformed the dichotomous choice of 'make' versus 'buy' into a selection among a more nuanced set of hybrid modes of organization (e.g., strategic alliances, joint ventures, and supply chain partnerships). The hybrid structures blend characteristics of arms-length market transactions with modes of governance and control that are more common to large decentralized firms. The thesis of this monograph is that innovation in management control has been central to the emergence, diversity and stability of hybrid organizational forms. Extending the arguments of Coase, Williamson, and Penrose, a review of the accounting literature highlights the important role that management controls have played in transforming the question from explaining firm boundaries to explaining how transactions that appear to be fraught with transactions hazards are rendered profitable and sustainable to transaction partners. We review empirical research in management accounting to support our thesis and identify areas for further inquiry.

How long is The Role of Management Controls in Transforming Firm Boundaries and Sustaining Hybrid Organizational Forms?

The Role of Management Controls in Transforming Firm Boundaries and Sustaining Hybrid Organizational Forms by Shannon W. Anderson is 78 pages long, and a total of 20,124 words.

This makes it 26% the length of the average book. It also has 25% more words than the average book.

How Long Does it Take to Read The Role of Management Controls in Transforming Firm Boundaries and Sustaining Hybrid Organizational Forms Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 49 minutes to read The Role of Management Controls in Transforming Firm Boundaries and Sustaining Hybrid Organizational Forms aloud.

What Reading Level is The Role of Management Controls in Transforming Firm Boundaries and Sustaining Hybrid Organizational Forms?

The Role of Management Controls in Transforming Firm Boundaries and Sustaining Hybrid Organizational Forms is suitable for students ages 10 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy The Role of Management Controls in Transforming Firm Boundaries and Sustaining Hybrid Organizational Forms?

The Role of Management Controls in Transforming Firm Boundaries and Sustaining Hybrid Organizational Forms by Shannon W. Anderson is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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