Theories of the (state-owned) firm
State-owned enterprises (SOEs) contribute approximately 10% of the world’s GDP. SOEs at one time were predicted to disappear from the economic landscape of the world, but today SOEs are growing more prevalent in the world economy. The current theories of the firm that form the pillars of the managem...
| Main Authors: | , , , |
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| Format: | Journal Article |
| Published: |
Springer New York LLC
2016
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| Online Access: | http://hdl.handle.net/20.500.11937/49846 |
| _version_ | 1848758329337184256 |
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| author | Peng, Mike Bruton, G. Stan, C. Huang, Y. |
| author_facet | Peng, Mike Bruton, G. Stan, C. Huang, Y. |
| author_sort | Peng, Mike |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | State-owned enterprises (SOEs) contribute approximately 10% of the world’s GDP. SOEs at one time were predicted to disappear from the economic landscape of the world, but today SOEs are growing more prevalent in the world economy. The current theories of the firm that form the pillars of the management discipline largely ignore the theoretical differences that SOEs introduce into the conceptualization of the firm. Therefore, we extend four core theories of the firm by incorporating SOEs as a mainstream (not special or marginal) organizational form into these theories. We focus specifically on property rights theory, transaction cost theory, agency theory, and resource-based theory, culminating in a research agenda with 12 testable propositions. |
| first_indexed | 2025-11-14T09:42:15Z |
| format | Journal Article |
| id | curtin-20.500.11937-49846 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T09:42:15Z |
| publishDate | 2016 |
| publisher | Springer New York LLC |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-498462017-09-13T15:37:02Z Theories of the (state-owned) firm Peng, Mike Bruton, G. Stan, C. Huang, Y. State-owned enterprises (SOEs) contribute approximately 10% of the world’s GDP. SOEs at one time were predicted to disappear from the economic landscape of the world, but today SOEs are growing more prevalent in the world economy. The current theories of the firm that form the pillars of the management discipline largely ignore the theoretical differences that SOEs introduce into the conceptualization of the firm. Therefore, we extend four core theories of the firm by incorporating SOEs as a mainstream (not special or marginal) organizational form into these theories. We focus specifically on property rights theory, transaction cost theory, agency theory, and resource-based theory, culminating in a research agenda with 12 testable propositions. 2016 Journal Article http://hdl.handle.net/20.500.11937/49846 10.1007/s10490-016-9462-3 Springer New York LLC restricted |
| spellingShingle | Peng, Mike Bruton, G. Stan, C. Huang, Y. Theories of the (state-owned) firm |
| title | Theories of the (state-owned) firm |
| title_full | Theories of the (state-owned) firm |
| title_fullStr | Theories of the (state-owned) firm |
| title_full_unstemmed | Theories of the (state-owned) firm |
| title_short | Theories of the (state-owned) firm |
| title_sort | theories of the (state-owned) firm |
| url | http://hdl.handle.net/20.500.11937/49846 |