Self-Management and Efficiency

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A01=Stephen R. Sacks
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comparative economic systems
Contractual Incompleteness
Democracy
Drawn Back
Economics
efficiency of Yugoslav corporate governance
Ekonomska Politika
Employee
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Firm's Dividend
Firm’s Dividend
industrial organisation theory
Joint Business Council
Management
Marginal Net Revenue
Marginal Revenue Curve
Multidivisional Structure
National Academy
Non-labor Inputs
Optimal Transfer Price
Ownership
Savezni Zavod Za Statistiku
Self-managed Firms
Short Run Average Cost Curve
Small Work Units
Socialism
socialist enterprise structure
Soviet Type Economies
Total Industrial
transaction cost economics
transfer pricing analysis
Triangle ABC
worker participation models
Workers' Control
Yogoslavia
Yugoslav Economy
Yugoslav Enterprise
Yugoslav Firms

Product details

  • ISBN 9781138309869
  • Weight: 453g
  • Dimensions: 138 x 216mm
  • Publication Date: 16 Apr 2019
  • Publisher: Taylor & Francis Ltd
  • Publication City/Country: GB
  • Product Form: Paperback
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The book, first published in 1983, examined whether the Yugoslavs’ extensive implementation of their principle of self-management by small work units was costly in terms of economic efficiency. Were they atomizing their firms into inefficiently small fragments? Was the system of worker self-management appropriate only for small firms? Can a modern industrial enterprise of efficient scale, indeed very large scale, by run that way? In order to answer these questions, the author applies to large firms in former Yugoslavia the transactions cost analysis developed by the economist Oliver Williamson.

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