The industrial structures in Europe and the United States have changed decisively since the end of the last millennium. The increasing globalization and liberalization of markets have led firms to expand or at least to consolidate their positions in the market by the acquisition of other firms. This mainly concerns horizontal mergers among competitors in the same industry such as the " mega-mergers" between Daimler and Chrysler or between Hochst and Rh6ne-Poulenc. In the theoretical literature this issue has been risen and analyzed quite early, with the result that an important research...

This book provides a comprehensive economic approach for the analysis of organizational structure. It considers the parallels of coordination within firms, coordination between firms and market coordination and offers an economic analysis of the advantages and disadvantages of various instruments of coordination. Looking at examples in the practical world, it provides individual concepts and insights on an economic approach to organization.

In this unique book, Peter-J. Jost provides a comprehensive economic-psychological approach for successfully managing employees. Based on the analysis of the employee's individual work behavior, he illustrates that instead of treating employees as input elements of production, and managing and controlling their work, organizations need to motivate their employees to act in the interest of the firm and in accordance with its goals.

In this unique book, Peter-J. Jost provides a comprehensive economic-psychological approach for successfully managing employees. Based on the analysis of the employee's individual work behavior, he illustrates that instead of treating employees as input elements of production, and managing and controlling their work, organizations need to motivate their employees to act in the interest of the firm and in accordance with its goals.