Political Economy of the Firm - Authority, Governance, and Economic Democracy

An alternative theory of the firm is needed that helps better understand the nature and actual functioning of firms as well as the challenges raised by digital platform firms. In defining firms as economic collective ventures organised by political means, this book offers a "political economy" vision of firms.

List of contents

Introduction Chapter 1: The agency theory of the firm - Discarding authority and the collective Chapter 2: Authority in work organisations - Definitions and challenges Chapter 3: The firm considered from the work standpoint - Why do workers cooperate? Chapter 4: Governance models and the constituent parties of the company Chapter 5: The pluralistic model of corporate governance Chapter 6: Digital labour platforms - Algorithmic authority? Epilogue: Using the concepts developed in the book to address the ecological transition

About the author

Helena Lopes is Full Professor at Iscte-University Institute of Lisbon (Department of Political Economy) and senior researcher at Dinâmia'Cet-Iscte.
Christophe Clerc is a lawyer. He teaches at Sciences Po Paris the allocation of power within firms and is a corporate governance expert for the European Commission.

Summary

An alternative theory of the firm is needed that helps better understand the nature and actual functioning of firms as well as the challenges raised by digital platform firms. In defining firms as economic collective ventures organised by political means, this book offers a “political economy” vision of firms.

Product details

• Authors: Christophe Clerc, Clerc Christophe, Helena Lopes, Helena Clerc Lopes
• Publisher: Taylor & Francis Ltd.
• Languages: English
• Product format: Hardback
• Released: 12.12.2023
• EAN: 9781032161426
• ISBN: 978-1-0-3216142-6
• No. of pages: 136
• Series: Routledge Frontiers of Political Economy
• Subjects: Social sciences, law, business > Business > Economics; Business & Economics / General, BUSINESS & ECONOMICS / Economics / General, BUSINESS & ECONOMICS / Economics / Theory, BUSINESS & ECONOMICS / Economics / Microeconomics, Economic theory & philosophy, Organizational theory & behaviour, Political Economy, Economics of industrial organisation, Microeconomics, Company law, Organizational theory and behaviour, Economic theory and philosophy, Economics of industrial organization, Political economy;Firm;Governance;Workers;Legitimacy