| Author: | James, H. S. Jr. |
| Title: | Are employment and managerial control equivalent ? Evidence from an electronics producer |
| Journal: | Journal of Economic Behavior and Organization
1998 : SEP, VOL. 36:4, p. 447-471 |
| Index terms: | TRANSACTION COSTS MANAGERIAL ACTIVITIES CONTROL EMPLOYMENT ORGANIZATIONAL BEHAVIOUR LABOUR |
| Language: | eng |
| Abstract: | Transaction cost economics recognizes two alternative forms of governing production and exchange - market coordination and managerial control. When examining the contractual relationship btw. firms and workers, researchers generally consider employment to represent managerial control. In this paper, the assumption is tested that employment is characterized by managerial control. Using evidence from an electronics producer, the paper tests whether factors affecting the employment status of workers, such as asset specificity, task interdependence, and high knowledge requirements, also affect the degree to which workers are managerially controlled. This research helps explain a number of market, organizational, and managerial innovations, such as employee self-management and the use of temporary workers. |
SCIMA