Institutional determinants of firm behaviour: In Uence on firm-level productivity changes


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Issue DateTitleSub-TitleAuthor(s)Journal NameVolume NumberIssue NumberPages
123-Apr-2013Institutional determinants of firm behaviour: In uence on firm-level productivity changes-Sinha, Deepak Kumar ; Chandrashekar, S ; Malghan, Deepak 

Abstract
"The neoclassical assumptions of instrumental rationality and complete information, when relaxed along the lines of new institutional economics provides considerable insights to economic theory beyond the paradigm of Walrasian optimization. In a world of positive transaction costs, North (1992) avers that institutions matter and ""a set of political and economic institutions that provide low-cost transacting makes possible the efficient factor and product markets underlying economic growth"". Theoretical analysis of the relations governing institutions and its influence on firm, its internal structure and processes is in early stages of development and scholars in the field emphasize on extensive and detailed empirical studies at this stage to guide theory development (Coase, 2005)."
 
Keyword(s)
Organizational behaviour
Firm behaviour
Project title
Institutional determinants of firm behaviour: In Uence on firm-level productivity changes
Project Coordinator
 
Expected Completion
23-04-2013
 
Co-Investigator(s)