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Managerial Discretion, Organization Form, and the Multi-division Hypothesis

In: The Corporate Economy

Author

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  • Oliver E. Williamson

Abstract

Implicit in my previous research on the sources and consequences of managerial discretion [43], [46] has been the assumption that the firm is organized along the lines of what I will refer to here as the ‘unitary form’. Although the possibility of divisionalization was recognized and some of the organizational effects of divisionalization were briefly discussed ([43], pp. 120, 124, 160–1), these were left mainly undeveloped.

Suggested Citation

  • Oliver E. Williamson, 1971. "Managerial Discretion, Organization Form, and the Multi-division Hypothesis," Palgrave Macmillan Books, in: Robin Marris & Adrian Wood (ed.), The Corporate Economy, chapter 11, pages 343-386, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-01110-0_11
    DOI: 10.1007/978-1-349-01110-0_11
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    Cited by:

    1. Tomer, John F., 1995. "Strategy and structure in the human firm: Beyond hierarchy, toward flexibility and integration," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 24(3), pages 411-431.
    2. Paul Gooderham & Svein Ulset, 2002. "'Beyond the M-form': Towards a Critical Test of the New Form," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 9(1), pages 117-138.

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