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Towards a Relational Theory of the Firm: Relational Governance, Cost and Stakeholder Business Models

Towards a Relational Theory of the Firm: Relational Governance, Cost and Stakeholder Business Models

Hardcover

Series: Relational Economics and Organization Governance

Business GeneralEconomicsGeneral Sociology

Currently unavailable to order

ISBN10: 3031716078
ISBN13: 9783031716072
Publisher: Springer
Published: Nov 16 2024
Pages: 129
Weight: 0.81
Height: 0.57 Width: 6.45 Depth: 9.31
Language: English

This book lays the groundwork for a relational theory of the firm as a network of stakeholder resources and interests. Drawing on the author's earlier publications on relational economics as the political economy of a global cooperative economy or stakeholder capitalism, it explores the governance and managerial implications of a relational economy for firms, while also critically revisiting the traditional and resource-based view of the firm. In turn, it explains concepts such as relational governance, relational costs, relational spaces, rent from cooperation, and shared value creation, as well as a dynamic and process-oriented relational business model. The book discusses the epistemological and methodological prerequisites of a relational theory of the firm and addresses their theoretical taxonomy. A relational theory of the firm is a work in progress; the book represents an invitation to join this theoretical and empirical undertaking.

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Economics