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Firms and Corporations

Geoffrey M. Hodgson

in Conceptualizing Capitalism: Institutions, Evolution, Future

Published in print:
2015
Published Online:
January 2016
ISBN:
9780226168005
eISBN:
9780226168142
Item type:
chapter
Publisher:
University of Chicago Press
DOI:
10.7208/chicago/9780226168142.003.0008
Subject:
Economics and Finance, Economic Systems

This chapter considers the nature of the firm and the corporation. A firm is defined as a legal unit, set up to produce goods or services for sale. A corporation is a special type of firm, involving ... More


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