The Theory of the Firm goes Global

Arbeitspapier

What insights can be gained from bringing the theory of the firm to the global economy? I discuss several new features of the world economy that can be explained by incorporating the theory of the firm into the theory of international trade. Among the new features I discuss are the move to flatter corporate hierarchies and the decentralization of authority in firms, the “war for talent”, the rise of CEO pay in rich countries, organizational convergence across countries, and firm heterogeneity.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Munich Discussion Paper ; No. 2012-1

Classification and Topics

• Classification: Wirtschaft ; Multinational Firms; International Business ; Firm Behavior: Theory ; Firm Organization and Market Structure
• Subject: International Trade and Organizations ; Firm heterogeneity ; Organizational convergence ; Decentralization in the firm ; The rise of CEO pay ; Theorie der Unternehmung ; Globalisierung ; Internationale Wirtschaft ; Außenwirtschaftstheorie ; Organisatorischer Wandel ; Managervergütung ; Theorie

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Marin, Dalia
• Event: Veröffentlichung
• (who): Ludwig-Maximilians-Universität München, Volkswirtschaftliche Fakultät
• (where): München
• (when): 2012

Further information

• DOI: doi:10.5282/ubm/epub.12690
• Handle: http://hdl.handle.net/10419/104366
• URN: urn:nbn:de:bvb:19-epub-12690-0
• Last update: 2025-03-10T11:46:54+0100