A leading economist discusses the potential of happiness research (the quantification of well-
being) to answer important questions that standard economics methods are unable to …

Governance gives life to an organization by establishing the rules that shape organizational
action. Structures of governance rest on stakeholder engagement, particularly on how …

This paper elaborates on how the human capital perspective on value creation can be
advanced by joining the capabilities and governance approaches. Investments in firm …

The resource-based view posits that firms achieve competitive advantage from value
creation through firm-specific investments held by key stakeholders: employees, suppliers …

How can individuals best be encouraged to take more responsibility for their well-being and
their environment or to behave more ethically in their business transactions? Across the …

This paper shows that market frictions are fundamental building blocks for an organizational
economics approach to strategic management. Various organizational economic …

This article proposes a new, functional explanation of the different roles of non-shareholder
groups (particularly labor) in different corporate governance systems. The argument …

This article addresses the democratic deficit that emerges when private corporations engage
in public policy, either by providing citizenship rights and global public goods (corporate …

In matters of philosophy of science, authority has ever been the great opponent of truth. A
despotic calm is usually the triumph of error. In the republic of the sciences, sedition and …

Transaction Cost Economics as a Theory of the Firm, Management, and Governance | Oxford
Research Encyclopedia of Business and Management Jump to Content Menu User Account …