Market Structure and Organizational Form.
This article studies the determinants of a firm's organizational form in the context of an imperfectly competitive industry. There are two kinds of organizational forms: the multidivisional form (M-form) and the unitary form (U-form). An M-form firm suffers from ignorance of demand externalities amo...
| Publicado en: | Southern Economic Journal Vol. 71; no. 4; pp. 705 - 720 |
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| Formato: | Artículo |
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Wiley-Blackwell
Apr2005
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| Acceso en línea: | Ver este registro en EBSCOhost |
| Sumario: | This article studies the determinants of a firm's organizational form in the context of an imperfectly competitive industry. There are two kinds of organizational forms: the multidivisional form (M-form) and the unitary form (U-form). An M-form firm suffers from ignorance of demand externalities among different products and double marginalization is eliminated. In contrast, in a U-form firm, demand externalities are taken into consideration and double marginalization exists. A firm's optimal choice of organizational form depends on the market structure. |
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