Abstract
The original purpose of this paper was to attempt to survey and to consolidate the economic theory of the large, growing corporation as this has developed since the publication of Managerial Capitalism1 and to relate the synthetic result to the various problems with which both phases of the present project are concerned. In the event, the relevant body of theory has in the author’s opinion been so much further developed by the contributions of other participants to Phase I that a good deal of the original paper seemed redundant. It was therefore decided instead to provide a general discussion of the theory of the growth of the firm in a separate Introduction and to confine the present paper to related issues. The paper has been completely revised since the Long Island Conference (see Preface) and has been substantially influenced not only by the Conference discussions but also by all the other papers.
Keywords
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.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Editor information
Copyright information
© 1971 The President and Fellow of Harvard College
About this chapter
Cite this chapter
Marris, R. (1971). The Modern Corporation and Economic Theory. In: Marris, R., Wood, A. (eds) The Corporate Economy. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-01110-0_9
Download citation
DOI: https://doi.org/10.1007/978-1-349-01110-0_9
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-01112-4
Online ISBN: 978-1-349-01110-0
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)