Show simple item record

dc.contributor.authorGindis, David
dc.date.accessioned2013-01-24T21:28:37Z
dc.date.available2013-01-24T21:28:37Z
dc.date.issued2009-04-01
dc.identifier.citationGindis , D 2009 , ' From Fictions and Aggregates to Real Entities in the Theory of the Firm ' , Journal of Institutional Economics , vol. 5 , no. 1 , pp. 25-46 . https://doi.org/10.1017/S1744137408001203
dc.identifier.issn1744-1374
dc.identifier.otherPURE: 819809
dc.identifier.otherPURE UUID: 3affec5a-6ffd-43f2-bf1f-73b8b824e814
dc.identifier.urihttp://hdl.handle.net/2299/9778
dc.descriptionThis document is the Accepted Manuscript version of the following article: David Gindis, 'From fictions and aggregates to real entities in the theory of the firm', Journal of Institutional Economics (2009), 5: 1, 25–46, doi:10.1017/S1744137408001203. COPYRIGHT: © The JOIE Foundation 2009.
dc.description.abstractAccording to the dominant ‘nexus of contracts’ and ‘collection of assets’ views of the firm, the firm is a either a fiction or an aggregate. Although legal personality is important in both accounts, everything is said to be achieved by private contract alone and the law’s role in creating legal entity status is dismissed. The paper challenges both these aspects by reconsidering an alternative ‘real entity theory’ that dominated debates at the turn of the twentieth century. This forgotten view holds that the firm is neither a fiction nor an aggregate but a real entity, and underlines the creation of legal entity status as a fundamental role of the law. The paper discusses this view’s ontological and legal insights, clarifies the proposition that the firm is a real entity, and proposes it as a starting point for a theory of the firm.en
dc.language.isoeng
dc.relation.ispartofJournal of Institutional Economics
dc.titleFrom Fictions and Aggregates to Real Entities in the Theory of the Firmen
dc.contributor.institutionHertfordshire Business School
dc.contributor.institutionSocial Sciences, Arts & Humanities Research Institute
dc.contributor.institutionCentre for Research on Management, Economy and Society
dc.contributor.institutionGroup for Research in Organisational Evolution
dc.contributor.institutionDepartment of Accounting, Finance and Economics
dc.description.statusPeer reviewed
rioxxterms.versionAM
rioxxterms.versionofrecordhttps://doi.org/10.1017/S1744137408001203
rioxxterms.typeJournal Article/Review
herts.preservation.rarelyaccessedtrue


Files in this item

Thumbnail

This item appears in the following Collection(s)

Show simple item record