Compare Prices | Create Shopping Lists with Price Drop Alerts | Set Coupons, Promo Codes & Sales Alerts | Get Access to Exclusive Deals and Much More... All in One Place | Read all about it here

The Corporate Financiers

The Corporate Financiers

Brand
Springer Nature
Manufacturer
N/A
Part Number
0
GTIN
9781137341273
Condition
New
Product Description

The Corporate Financiers is the fifth book in a series of discussions about the great minds in the history and theory of finance. While the series addresses the contributions of scholars in our understanding of modern finance, this volume presents the ways in which a corporation creates value. More than two centuries ago, Adam Smith explained the concept of division of labor and the efficiencies of specialization as the mechanism in which a firm creates value. However, corporations now find themselves outsourcing some processes to other firms as an alternative way to create value. There must be other economic forces at work than simply the internal efficiencies of a firm. We begin by describing the work of a rather obscure scholar named John Burr Williams who demonstrated in 1938 how the earnings of a firm are capitalized into corporate value through its stock price. We then delve into the inner workings of the modern corporation by describing the contributions of Nobel Memorial Prize winners Ronald Coase and Oliver Williamson. More than any others, these scholars created a renewed appreciation for our understanding of the institutional detail of the modern corporation in reducing costs and increasing efficiency. While Coase and Williamson provided meaningful descriptions of the advantage of a corporation, they did not offer prescriptions for the avenues the corporation can create more value in an era when new technologies make outsourcing and telecommuting increasingly possible. Michael Jensen and William Meckling describe in greater detail the nature of the implicit contracts a corporation employs, and recommend remedies to various problems that arise when the goals of the corporation are not aligned with the incentives of its agents. We also describe the further nuances to these relationships as offered by Armen Alchian and Harold Demsetz. We treat the lives of these extraordinary individuals who looked at a very familiar problem in a sufficiently novel light to change the way all look at corporations ever since. That is the test of genius.

Available Colors
Available Sizes
1 Offer Price Range: $84.99 - $84.99
BEST PRICE

Single Product Purchase

$84.99
@ Link.springer.com     BUY Now

Price Comparison

Seller Contact Seller List Price On Sale Shipping Best Promo Final Price Volume Discount Financing Availability Seller's Page
BEST PRICE
1 Product Purchase
@ Link.springer.com
Contact Store Call Store Contact Support
$84.99 $84.99

$84.99
See Site In stock Visit Store

Similar Products

Online-Marketing-Intelligence

$54.99

Chirurgisches Forum 2008

$129.00

Zukunftsfhigkeit durch Innovation, Digitalisierung und Technologien

$39.99

Soft Error Reliability Using Virtual Platforms

$109.99

Drugs, Identity and Stigma

$139.99

Quantenkonomie

$17.99

Tutorium Analysis 2 und Lineare Algebra 2

$19.99

Proceedings of Liverpool Singularities - Symposium II. (University of Liverpool 1969/70)

$54.99

Biology of Pericytes Recent Advances

$159.99

Magnetic Resonance Angiography

$109.99

Learn About: Animal Coverings: Shells

$5.24

Visionre Unternehmensfhrung

$39.99

Ready Freddy

$3.71

Bank Mergers: Current Issues and Perspectives

$84.99

Advances in Information Communication Technology and Computing

$299.99

Incarcerated Young People, Education and Social Justice

$119.99

International Conference on Applied Technologies

$129.99

Cosmic Rays, Supernovae and the Interstellar

$39.99

Mississippi Delta Restoration

$169.99

Design Thinking for Education

$119.00

Energy Systems Modeling

$84.99

Perspectives on Digital Humanism

$59.99

Writing Diaspora in the West

$54.99

Hydrological Systems Analysis

$39.99

The Secrets of Droon: The Hidden Stairs and the Magic Carpet

$5.24

An Academic History of China's Han Dynasty

$159.99

Energie

$59.99

Chinese Religions

$84.99

Proteome Research

$109.99

Soziale Frage und Sozialpolitik in Deutschland seit Beginn des 19. Jahrhunderts

$44.99

Rechenmethoden der Physik

$64.99

Politics of Favoritism in Public Procurement in Turkey

$59.99

Struggles for Climate Justice

$84.99

The Pharmacology of Sleep

$549.99

Political Parties and Legislative Party Switching

$89.00

Information Security

$39.99

Mrs. Meyer Is on Fire

$3.75

Royal Economic Society Surveys of Economic Theory

$74.99

Schreiben und bersetzen zwischen Lokalem und Globalem

$64.99

Technologies for E-Services

$54.99