Theory of the Firm

1. Front Matter

   Pages I-IX

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2. Foundations

   1. Front Matter

      Pages 1-1

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   2. Erich Gutenberg and the Theory of the Firm

      • Reinhard H. Schmidt

      Pages 3-39

   3. The “Unified Basis” as a Starting Point for Business Economic Analysis

      • Wolfgang Schüler

      Pages 40-57

   4. In Memory of Erich Gutenberg

      • Horst Albach

      Pages 58-66

   5. Erich Gutenberg - His Work

      • Hermann Sabel

      Pages 67-86

   6. The Impact of Gutenberg’s Theory of Organisation upon Modern Organisational Conceptions

      • Hartmut Kreikebaum

      Pages 88-103

   7. Shareholder Value-Oriented Management in the Light of Gutenberg’s Theories

      • Georg Obermeier

      Pages 104-118

3. Managerial Functions

   1. Front Matter

      Pages 119-119

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   2. Where do we Stand in the Theory of Finance? A Selective Overview with Reference to Erich Gutenberg

      • J. P. Krahnen

      Pages 121-152

   3. Specification, Estimation, and Empirical Corroboration of Gutenberg’s Kinked Demand Curve

      • Harald Hruschka

      Pages 153-168

   4. The Choice between Employed Salespersons and Independent Manufacturer Representatives

      • Sönke Albers

      Pages 169-184

   5. Dynamics of Technological Competencies

      • Klaus Brockhoff

      Pages 185-209

   6. The Dispositive Factor in a System of Inventory-Controlled Production

      • Joachim Reese

      Pages 210-229

   7. Dynamic Models Based on Erich Gutenberg’s Approach to Production Theory

      • Alfred Luhmer

      Pages 230-244

   8. Gutenberg’s Concept of Production Control, Uncertainty, and the Implications for Modelling Production and Cost

      • Hermann Jahnke

      Pages 245-260

   9. The Influence of the Gutenberg Production Theory on Production Planning and Control

      • Marion Steven

      Pages 261-278

   10. Determination of Intensity Variances for Cost Control

       • Horst Glaser

       Pages 279-299

   11. Activity Orientation of Cost Accounting According to Gutenberg: Fundamental Principles of a Dynamic Activity-based Marginal Costing

       • M. Rogalski

       Pages 300-318

   12. Capacity Planning under Uncertainty in a Gutenberg Production Model

       • Robert F. Göx

       Pages 319-335

This book has an objective and a focus. It provides the reader with: • an in-depth acquaintance with the theory of the firm developed by Erich Gutenberg • an insight into a coherent body of current German research in the theory of the firm. The book is divided into two parts. The first part lays the foundations. It presents Gutenberg's theory of the firm to the English speaking reader. Considering the great importance that Erich Gutenberg has had in Germany and taking into consideration the impact that the translations of his path-breaking three volumes "Principles of Management" have had in France, the Spanish speaking countries, and in Japan, it was felt that it was necessary, on the occasion of his tOOth anniversary, to present a concise summary of his contributions to the theory of the firm to an English speaking scientific community. Six papers present Gutenberg's theory in the light of the theoretical advances that he stimulated as well as in the framework of other theoretical developments like capital market theory, transaction cost theory, principal agent theory, and contract theory. The papers show that Gutenberg's theory is highly relevant for theory and highly influential in the practice of management.

• Absatz
• Finanzierung
• Gutenberg
• Marketing
• Production Theory
• Produktion
• Produktionstheorie
• Theorie der Unternehmung
• finance
• management
• organization
• production
• theory of the firm

• WHU Koblenz, Otto Beisheim Graduate School of Management, Vallendar, Germany

  Horst Albach, Klaus K. L. Brockhoff

• VWH Vorrichtungs-und Werkzeugbau GmbH, Herschbach, Germany

  Egbert Eymann

• Peter Jungen Management Holding GmbH, Köln, Germany

  Peter Jungen

• Fakultät für Wirtschaftswissenschaft Lehrstuhl Für Angewandte BWLI, Ruhr-Universität Bochum, Bochum, Germany

  Marion Steven

• Fakultät für Wirtschaftslehre/Controlling, University of Magdeburg, Magdeburg, Germany

  Alfred Luhmer

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