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The Form of the Firm – A Normative Political Theory of the Corporation - Oxford Scholarship Online
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The Form of the Firm: A Normative Political Theory of the Corporation

Abraham A. Singer


Contemporary discussions of the corporation tend to fall into one of two camps. The side that dominates much of public discourse is those who conceive of the corporation as purely economic. According to this view, corporations are “nexuses of contracts” that have no greater duties than to maximize profits for their shareholders and that should be given legal and political deference to do so. On the other side are those who conceive of the corporation in almost entirely political terms. In this view, corporations are created by government and exercise powers and privileges that are conceded to ... More

Keywords: political theory of corporation, theory of the firm, transaction cost, Chicago school, law and economics, social norm, relational law, normative political economy, worker cooperative, workplace democracy

Bibliographic Information

Print publication date: 2018 Print ISBN-13: 9780190698348
Published to Oxford Scholarship Online: November 2018 DOI:10.1093/oso/9780190698348.001.0001


Affiliations are at time of print publication.

Abraham A. Singer, author
Visiting Assitant Professor of Ethics, Georgetown Business School