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A Theory of Employment Systems
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A Theory of Employment Systems: Micro-Foundations of Societal Diversity

David Marsden

Abstract

‘A theory of Employment Systems’ explains why there are such great international differences in the way employment relations are organized within the firm. It takes account of the growing evidence of international diversity. It sets out from the theory of the firm first developed by Coase and Simon, and explains why firms and workers should use the employment relationship as the basis for their economic cooperation. The originality of the employment relationship lies in its flexibility. It gives managers the authority to organize work, but it also establishes limits on employees’ obligations. ... More

Keywords: Ronald Coase, employees, employment relations, employment relationship, employment rules, firms, flexibility, human resource management, managerial authority, Herbert Simon

Bibliographic Information

Print publication date: 1999 Print ISBN-13: 9780198294221
Published to Oxford Scholarship Online: November 2003 DOI:10.1093/0198294220.001.0001

Authors

Affiliations are at time of print publication.

David Marsden, author
London School of Economics
Author Webpage