Company’s Achievement under the Modern Theory of the Firm: Theoretical and Empirical Analysis

Company’s Achievement under the Modern Theory of the Firm: Theoretical and Empirical Analysis


Author:Qi Hongqian Journal:Jilin University Journal Social Sciences Edition  Date:2004(5)

Keywords Enterprise’s essential property; Company’s achievement; Systems structure; Feature of industry

Abstract

Based on enterprise’s essential property, the arrangement of production and contract determine a company’s achievement. Displayed by that system, management and ability o f production jointly will decide the company’s achievement. The analysis of actual samples shows that the degree of relationship between structure of systems of China’s companies on stock market and the achievement of the companies is closely connected with the feature o f industry. Thus it should be taken into consideration the match between system structure and feature of industry when making company’s policy.

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