000			02048nam a22002177a 4500
999			_c209 _d209
005			20190827175555.0
008			190827b ||||| |||| 00| 0 eng d
020			_a9781108437455
082			_a338.501 _bSTE
100			_aStevens, Douglas E. _9628
245			_aSocial norms and the theory of the firm: a foundational approach
260			_bCambridge University Press _aCambridge _c2019
300			_axvii, 221 p.
365			_aGBP _b29.99
504			_aTable of Content. 1. The importance of behavioral assumptions in economic theory; Part I. The Foundation: 2. A history of the firm that incorporates social norms; 3. The theory of the firm; 4. Social norm theory related to the firm; Part II. The Evidence: 5. Formal models incorporating social norms into the theory of the firm; 6. Emerging evidence of social norms in experimental research; 7. Emerging evidence of social norms in archival research; 8. Conclusion: 'where do we go from here?
520			_aFor decades, the economic theory of the firm referred to as agency theory has dominated business research and education in the United States. Although agency theory has been influential in accounting, finance, and managerial economics, it lacks informal and nonfinancial controls. Douglas E. Stevens resolves to enhance this theory through the incorporation of social norms. Drawing on historical context related to the firm, the theory of the firm, and social norm theory related to the firm, he demonstrates the importance of social norms in the formation and development of free-market capitalism and the firm. He also describes the latest theoretical, experimental, and archival evidence to exhibit the growing body of research that incorporates social norms into the theory of the firm. These foundations enable Stevens to create a comprehensive roadmap of agency theory that will have strong implications for practice and public policy.
650			_aSocial norms _9629
650			_aIndustrial sociology _9630
650			_aIndustrial organization _9631
942			_2ddc _cBK