Tag: firms
All the articles with the tag "firms".
-
When Corporations Became Too Big
Published: at 07:15 PMThe managerial corporation solved coordination at scale. But hierarchy has structural limits — and the same mechanisms that enabled growth eventually constrained it.
-
Why Corporations Exist: A Coasean Foundation
Published: at 10:00 AMCorporations did not emerge by accident. They are coordination machines. In 2026, as transaction costs fall, we revisit why they exist — and what might be changing.