Open Access. Powered by Scholars. Published by Universities.®
![Digital Commons Network](http://assets.bepress.com/20200205/img/dcn/DCsunburst.png)
Business Administration, Management, and Operations Commons™
Open Access. Powered by Scholars. Published by Universities.®
- Discipline
-
- Business Law, Public Responsibility, and Ethics (4)
- Business Organizations Law (4)
- Organizational Behavior and Theory (4)
- Business and Corporate Communications (2)
- Entrepreneurial and Small Business Operations (2)
-
- Human Resources Management (2)
- International Business (2)
- Labor Relations (2)
- Labor and Employment Law (2)
- Arts and Humanities (1)
- Behavioral Economics (1)
- Corporate Finance (1)
- Economic Policy (1)
- Economic Theory (1)
- Economics (1)
- Ethics and Political Philosophy (1)
- Finance and Financial Management (1)
- Industrial Organization (1)
- Industrial and Organizational Psychology (1)
- Inequality and Stratification (1)
- Insurance (1)
- Labor Economics (1)
- Law and Economics (1)
- Law and Society (1)
- Legal Studies (1)
- Legal Theory (1)
- Management Sciences and Quantitative Methods (1)
Articles 1 - 5 of 5
Full-Text Articles in Business Administration, Management, and Operations
Voice Without Say: Why Capital-Managed Firms Aren’T (Genuinely) Participatory, Justin Schwartz
Voice Without Say: Why Capital-Managed Firms Aren’T (Genuinely) Participatory, Justin Schwartz
Justin Schwartz
Why are most capitalist enterprises of any size organized as authoritarian bureaucracies rather than incorporating genuine employee participation that would give the workers real authority? Even firms with employee participation programs leave virtually all decision-making power in the hands of management. The standard answer is that hierarchy is more economically efficient than any sort of genuine participation, so that participatory firms would be less productive and lose out to more traditional competitors. This answer is indefensible. After surveying the history, legal status, and varieties of employee participation, I examine and reject as question-begging the argument that the rarity of genuine …
The Merits Of Cooperative Corporate Governance In The Digital Age, Meredith-Anne Kurz
The Merits Of Cooperative Corporate Governance In The Digital Age, Meredith-Anne Kurz
Meredith-Anne Kurz
No abstract provided.
Where Did Mill Go Wrong? Why The Capital-Managed Rather Than The Labor-Managed Enterprise Is The Predominant Organizational Form In Market Economies, 73 Ohio State L.J. 219 (2012, Justin Schwartz
Justin Schwartz
In this Article, I propose a novel law and economics explanation of a deeply puzzling aspect of business organization in market economies. Why are virtually all firms organized as capital-managed and -owned (capitalist) enterprises rather than as labor-managed and -owned cooperatives? Over 150 years ago, J.S. Mill predicted that efficiency and other advantages would eventually make worker cooperatives predominant over capitalist firms. Mill was right about the advantages but wrong about the results. The standard explanation is that capitalist enterprise is more efficient. Empirical research, however, overwhelmingly contradicts this. But employees almost never even attempt to organize worker cooperatives. I …
Llcs And Corporations: A Fork In The Road In Delaware?, Joshua P. Fershee
Llcs And Corporations: A Fork In The Road In Delaware?, Joshua P. Fershee
Joshua P Fershee
As Vice Chancellor Laster explained in CML V, LLC v. Bax, 6 A.3d 238 (Del. Ch. Nov. 3, 2010): '[T]here is nothing absurd about different legal principles applying to corporations and LLCs.'" This short paper argues that courts should respect the LLC as a business form distinct from corporations and that Delaware courts have taken the first step toward doing just that.
Where legislatures have decided that distinctly corporate concepts should apply to LLCs—such as allowing piercing the veil or derivative lawsuits—those wishes (obviously) should be honored by the courts. But where state LLC laws are silent, courts should carefully …
International Strategic Alliance, Mohd Arif
International Strategic Alliance, Mohd Arif
Mohd Arif
A Strategic Alliance is a relationship between firms to creat more value than they can on their own