Hierarchical Control and Optimum Firm Size
Journal of Political Economy
1967
There is a great deal of evidence that almost all organizational structures tend to produce false images in the decision-maker, and that the larger and more authoritarian the organization, the better the chance that its top decision-makers will be operating in purely imaginary worlds. This perhaps is the most fundamental reason for supposing that there are ultimately diminishing returns to scale.
- DOI
- 10.1086/259258
- Volume
- 75 (2)
- Pages
- 123-138
- Language
- en
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- BibTeX
- Sources
- openalex crossref