Firms’ Objectives and Internal Organisation in a Global Economy: Positive and Normative Analysis

Understanding How Firms And National Economic Systems Respond To Globalization Is One Of The Most Urgent And Demanding Tasks Listed In The Current Agenda Of Researchers And Policy Makers. The Papers Presented In This Volume Tackle The Theme Of Defining Firms' Objectives In This Comparatively New Perspective. This Collection Of Original Studies Illuminates The Links Between The Internal Structure Of Firms, Their Incentives, And Their Performance. This Volume Presents Theoretical And Empirical Papers Investigating Crucial Aspects Of Firm's Structure And Strategies, Such As Cross-border Mergers, Outsourcing, Innovation And The Maximization Of Non-profit Objectives, In Connection With The New Challenges Posed By Globalization. This Book Is Indispensable Reading For All Interested In Trade Theory And Policy, And Development Economics. Existence And Uniqueness Of Equilibrium In Labor-managed Cournot Oligopoly / K. Okuguchi And F. Szidarovszky -- Wage-rise Contract And Cournot Competition With Labor-managed Firms / K. Ohnishi -- Price Setting Is Popular Among Firms: Will It Persist In Vertical Relationships With Market Uncertainty? / G. Rossini -- Contagious 'social Market Enterprises': The Role Of Fair Traders / L. Becchetti And G. Gianfreda -- Should One Sell Domestic Firms To Foreign Ones? A Tale Of Delegation, Acquisition And Collusion / D. Dragone -- To Make-or-but Choice In A Mixed Oligopoly: A Theoretical Investigation / R. Cellini And L. Lambertini -- Entrepreneurs' Behaviour And Performance: An Empirical Analysis On Italian Firms / F. Oropallo And S. Rossetti -- Firms' International Status And Heterogeneity In Performance: Evidence From Italy / L. Casaburi, V. Gattai And G.a. Minerva -- Vertical Specialisation In Europe: Evidence From The Import Content Of Exports / E. Breda, R. Cappariello And R. Zizza. Edited By Luca Lambertini. Includes Bibliographical References.