摘要
以科斯(Coase)为代表的主流企业理论家认为:在企业内是通过命令(或权威)而不是价格来配置资源的。本文通过探析企业内权威和价格的作用发现:在企业内,权威与价格并不具有排它性,实际上,权威是价格基础上的权威,价格因素其实是企业合约的内生变量,市场里的企业其实是一个随价格变化的动态合约序列,确切地讲,它是一个主要由人力资本价格变化所决定的动态合约序列。
The mainstream firm theory set by Coase holds that the resources in the firm are distributed and used by the order or the authority instead of by priceThe paper,however,by analyzing the role of the authority and price in the firm finds that:inside the firm,the authority and the price do not exclude each other;in fact,the authority is based on the price,while the price is actually the endogenous variable of the firm contract;and the firm can be considered dynamic contract sequences varied by the price,to speak more exactly,it is dynamic contract sequences varied by the price of the human capital
出处
《财经研究》
CSSCI
北大核心
2003年第10期36-41,共6页
Journal of Finance and Economics
关键词
企业合约
价格
内生变量
firm contract
price
endogenous variable