AU kursuskatalog arkiv

5140: Advanced Theories of the Firm: CANCELLED ( efterår 2011 - 5 ECTS )

Rammer for udbud

• Uddannelsessprog: engelsk
• Niveau: Elective MSc course  
• Semester/kvarter: Autumn 2011  
• Timer per uge: 2 hours per week for 6 weeks plus project work. The total work load is equivalent to 5 ECTS. Timetables can be found at: http://econ.au.dk/studies/teaching-and-examination/teaching/timetables/
• Deltagerbegrænsning: A maximum of 30 students.  
• Undervisningssted: Århus
• Hovedområde: Det Samfundsvidenskabelige Fakultet
• Udbud ID: 28766

Formål

After following this course, students should be able to:

• Analyse, evaluate and interpret the behavioural assumptions of selected theories of the firm
• Use theories of the firm to theorise and hypothesise regarding the empirical phenomenon of plural sourcing.
• Criticise Williamson's transaction cost theory and analyse and evaluate its relative weaknesses.
• Theorise, generalise, hypothesise and reflect upon later research and the development in transaction cost theory.

Indhold

The purpose of this course is to expose the students to advanced discussions in theories of the firm and strategic management. The focus will be on new or advanced topics in theories of the firm, such as discussions of inappropriate governance and normative implications of transaction cost heory, plural sourcing, and different modified editions and critiques of the transaction cost framework.
The students are expected to have knowledge of transaction cost theory, the resource dependence theory, agency theory, and the resource-based theory of the firm equivalent to the literature and the learning objectives of the course 4205 Theories of the Firm.

COURSE SUBJECT AREAS:

- Plural forms of governance, mixed governance, and concurrent sourcing
- Critique and limitations of Williamson's transaction cost theory
- Modified and extended transaction cost theory and framework(s)
- Descriptive and normative implications of transaction cost theory

Faglige forudsætninger

4105: Theories of the firm

Underviser

Jakob Sloth

Undervisnings- og arbejdsform

Mostly self-study. The self-study is supported by lectures, discussions, consultations, and one paper.

English

Litteratur

Heide, B.J. (2003) "Plural governance in industrial purchasing", The Journal of Marketing, Vol. 7, No. 4, pp. 18-29.

Hill, Charles W. L. (1990) "Cooperation, opportunism, and the invisible hand: Implications for transaction cost theory", The Academy of Management Review, Vol. 15, No. 3, pp. 500-513.

Shervani, T.A., Frazier, G. and Challagalla, G. (2007) "The moderating influence of firm market power on the transaction cost economics model: An empirical test in a forward channel ntegration context", Strategic Management Journal, Vol. 28, pp. 635-652.

Steensma, H.K., Marino, L., Weaver, M.K. and Dickson, P.H. (2000) "The influence of national culture on the formation of technology alliances by entrepreneurial firms", The Academy of Management Journal, Vol. 43, No. 5, pp. 951-973.

Zaheer, A. and Venkatraman, N. (1995) "Relational governance as an interorganizational strategy: An empirical test of the role of trust in economic exchange", Strategic Management Journal, Vol. 16, No. 5, pp. 373-392.

Note: There may be a few additional readings

Total number of pages: ca. 350 of which ca. 100 pages will only be used for the mandatory papers, or they will be for cursory reading. (A few articles may be added later).

Studieordning og bedømmelse

Suppleringsuddannelse i Duckpedia

• Mundtlig, bedømt efter 7-skala med intern censur

Individual oral examination of 20 minute's duration based on course curriculum with no preparation time. One mandatory paper has to be handed in to the lecturer and has to be passed before the oral examination.

EXAMINATION AIDS ALLOWED: None for the oral exam