Part of the Texts and Monographs in Economics and Mathematical Systems book series (TMECO)
“Observation shows us that all associations are instituted for the purpose of attaining some good” (Aristotle, Politics, Book 1, Chapter 1). For purpose of this monograph organizations are defined as associations of persons
set up for a well-defined purpose
requiring more than one person’s effort
not using exchange in markets but other methods of coordination.
KeywordsInstitutional Arrangement Financial Distress Business Firm Adequate Performance Authorized Person
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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© Springer-Verlag Berlin Heidelberg 1988