Firm growth vs. external growth: a behavioral approach
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Date
2019
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Sumy State University
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Abstract
A firm is a market contradiction: as a firm grows, the market shrinks. The basis of this statement are theoretical
approaches, which are called theories of the company. This work is aimed at determining the boundaries of
the company in a dynamic perspective with the aim of finding effective solutions to the process of its growth.
The study notes that opportunism as a behavioral factor, as Williamson noted, incurs significant operating
costs that encourage the firm to change its boundaries.
Keywords
зовнішні відносини, внешние отношения, External Relationships, внутрішні відносини, внутренние отношения, Internal Relationships, опортунізм, оппортунизм, Opportunism
Citation
Nemmiche, K., Nassour, Ab., Bouchetara, M. (2019). Firm growth vs. external growth: a behavioral approach. Financial Markets, Institutions and Risks, 3(4), 16-23. http://doi.org/10.21272/fmir.3(4).16-23.2019.