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The Economic Structure Of The Firm, Robert Flannigan

Osgoode Hall Law Journal

Considerable effort has been channelled into theoretical investigations of the structure of the firm over the past several years. Most of the new work has been produced by economists. Lawyers have been content simply to draw upon the economic arguments, often in an uncritical way. The author examines the various economic models and identifies their shared dependence on the significance of an actors' control over the employment of assets. The control proposition is then further developed in the course of the construction of a general model focussing on the production unit.