The separation between ownership and control has become common practice over the last century, in most medium and large firms across the world. Throughout the t

The Theory of the Firm presents an innovative general analysis of the economics of the firm.

This unique Handbook explores both the economics of the firm and the theory of the firm, two areas which are traditionally treated separately in the literature.

Firms are a ubiquitous feature of the economic landscape, with much of the activity undertaken within an economy taking place within their boundaries. Given the