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Managerial Discretion, Organization Form, and the Multi-division Hypothesis

  • Oliver E. Williamson

Abstract

Implicit in my previous research on the sources and consequences of managerial discretion [43], [46] has been the assumption that the firm is organized along the lines of what I will refer to here as the ‘unitary form’. Although the possibility of divisionalization was recognized and some of the organizational effects of divisionalization were briefly discussed ([43], pp. 120, 124, 160–1), these were left mainly undeveloped.

Keywords

Capital Market Organizational Innovation Functional Executive Managerial Discretion Unitary Form 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© The President and Fellow of Harvard College 1971

Authors and Affiliations

  • Oliver E. Williamson

There are no affiliations available

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